Here's an interesting observation — the market is clearly nervous ahead of this week's PPI data release. Bitcoin is holding at around 77.93K, but with such a fear index at 5, it looks like a calm before the storm. Near has fallen to $1.39, and Bittensor is also in the red — both are losing percentage points, even though AI tokens were previously considered a hedge against volatility.

What really worries traders are the economic data coming out tomorrow. PPI could signal inflation, which will directly influence market sentiment. Plus, there are reports from major corporations that usually move the entire market. If the PPI comes out hot, we could see even sharper declines.

And there's also a political factor — the Clarity Act has lost support, with the likelihood of passage dropping from 72% to 42%. Banks are resisting regulation of stablecoins, adding to the uncertainty. Smart money positions on CME also suggest a possible reversal. It turns out that even if the PPI is neutral, political risks could continue to pressure the market. In my opinion, it's best to wait until all PPI data and corporate reports are out — only then will it become clear which direction the market will take next.