Tom Tucker
--
Bearish
The market just got a gut-check from the White House. The sudden, ugly dip in crypto prices? It wasn't whales or a technical break, it was President Trump’s threat of massive new tariffs on #china kicking an immediate risk-off reaction across all global markets.
This wasn't a slow bleed, it was a coordinated, instant risk-off event that mirrored traditional markets:
- The Dip Signal: Stocks turned instantly red, and crypto followed with zero delay.
- The Damage: Bitcoin slipped below $119K and ETH got dragged toward the $4.1K support zone, leading to a wave of longs being liquidated.
- The Macro Flip: Tariffs reintroduce major inflation risk, pushing back expectations for rate cuts and forcing traders to exit speculative, high-beta assets.
Today, crypto traded exactly like high-beta tech stocks. The sudden withdrawal of liquidity, the swift reversal of momentum, and the mass liquidation event all point to one thing: Macro pressure is the only boss.
We were looking for on-chain signs, but the real reason was global politics hitting the risk-appetite button.
$TRUMP | $WLFI | $BTC
#Tariffs | #CryptoSellOff | #bitcoin | #RiskOff
This wasn't a slow bleed, it was a coordinated, instant risk-off event that mirrored traditional markets:
- The Dip Signal: Stocks turned instantly red, and crypto followed with zero delay.
- The Damage: Bitcoin slipped below $119K and ETH got dragged toward the $4.1K support zone, leading to a wave of longs being liquidated.
- The Macro Flip: Tariffs reintroduce major inflation risk, pushing back expectations for rate cuts and forcing traders to exit speculative, high-beta assets.
Today, crypto traded exactly like high-beta tech stocks. The sudden withdrawal of liquidity, the swift reversal of momentum, and the mass liquidation event all point to one thing: Macro pressure is the only boss.
We were looking for on-chain signs, but the real reason was global politics hitting the risk-appetite button.
$TRUMP | $WLFI | $BTC
#Tariffs | #CryptoSellOff | #bitcoin | #RiskOff
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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