I just saw that Bitcoin is still struggling around $74K, a slight dip in 24 hours but still holding up for this week's gains. Cryptocurrency is following the movement of US stocks that fell after Nvidia's report yesterday, so everyone is in risk-off mode. But what's interesting is that this doesn't seem like a serious reversal but more like a cleanup of leverage and position rebalancing.

Looking at the weekly chart, altcoins are actually stronger than Bitcoin. Cardano, Solana, and Ethereum all show solid movement this week, except for XRP which is an outlier with negative performance. Ethereum itself dropped 1.88% in the last 24 hours but is still up 3.88% for the week. This indicates that risk appetite in the crypto market still persists despite macro pressures.

From my observation at midnight yesterday, hourly returns in most assets are already green, meaning buyers are starting to come back after last night's sell-off. The pressure seems more like a shakeout rather than a structural crash. Bitcoin remains trapped in the same range as previous weeks, between $70K up and the middle range as support.

One thing to watch: funding rates on perpetual contracts are still negative, which means bearish positions are still dominant. So until there is consistent new demand, Bitcoin will continue to follow broader risk market movements. If stocks fall, Bitcoin follows. For now, range-trading remains the game in the market.