Crypto move lower been relentless It does start to give vibes that someone’s in trouble and forced to liquidate a portfolio Urggh, painful Hard to buy into the “software” related sell off idea, given Bitcoins divergence Warsh and liquidity fears? Maybe although assets outside of gold/silver not showing same level of concern (and gold/silver were both due decent correction) Anyway, this too shall pass US yields are contained (as are Japans - been a while since carry trade unwind fears being spoken about 😂) Dollar bounce off lows, but remains in a downtrend Oil off the lows but still low Shutdown averted allowing US liquidity pulse to pick up Whilst labour market soft, US growth remains robust and looks like disinflation taking hold A lot of AI valuation FUD but looks just a correction to an exponential trend All that to say, backdrop remains constructive for risk generally - this correction in stocks should be short lived Longer term structural selling slowed in BTC but STH who bought the top being forced out now Still feels like it wants a proper flush instead of consistent grind lower, but these levels are a gift to buy BTC ...