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Weekly Map: dissecting the strait and waiting for a macro storm
$BTC has dropped below $63K, while $ETH and $SOL L are also under pressure. Why the market has spilled:
📊 Macroeconomics: A strong US job market has reduced expectations of an early Fed rate cut.
📉 Outflows: We’re seeing a temporary outflow of liquidity from spot Bitcoin ETFs.
⚖️ Selling pressure: Transfers from government wallets (Germany/US) and Mt. Gox payouts are weighing on the order book.
The market is cooling off and taking a breath before a powerful package of statistics.
Keep your head cool and your strategy autonomous. Wishing everyone a profitable week! 🎯#WorldCupChampionPrediction