Nothing new in the market.
1. Silver plummeted 30% overnight, gold dropped 20%.
2. The US dollar index broke through its lows, echoing Bessant's assertion of a strong dollar!
3. The Nasdaq and S&P 500 have recently shown repeated gap-down signals, especially several tech giants, which have shown signs of price loosening! Not to mention the Taiwan and US stock markets, which have significant divergences (over 30%), suggesting a mid-term correction may be imminent.
The logic roughly explains: commodity price correction → strong US dollar → leading to a correction in risk assets.
Let's wait and see how it develops.
By the way, if $BTC can't hold here, the next level is 65k.