Hey VIPs! Stay ahead with this weekโs Market Commentary from Binance Research โฌ๏ธ
1๏ธโฃ Market Trigger
Last weekโs liquidity-driven selloff was sparked by Fed Chair nominee Kevin Warshโs stance on aggressive balance-sheet reduction, leading to crypto assets being sold first to meet margin calls across traditional portfolios.
2๏ธโฃ $BTC & Leverage
Bitcoin broke key support near $73K, and elevated leverage metrics indicate that deleveraging is underway but not yet complete.
3๏ธโฃ QT Risks & Financial System
Markets may be overpricing quantitative tightening (QT) risks, as plumbing constraints like depleted reverse repos and large Treasury funding needs limit aggressive balance-sheet shrinkage. The end of the US government shutdown also removes near-term policy uncertainty.
[Read More](https://www.generallink.top/en/research/analysis/weekly-market-commentary-2026-02-05/?_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmdXJsPWFIUjBjSE02THk5M2QzY3VZbWx1WVc1alpTNWpiMjB2Wlc0dmNtVnpaV0Z5WTJndllXNWhiSGx6YVhNdmQyVmxhMng1TFcxaGNtdGxkQzFqYjIxdFpXNTBZWEo1TFRJd01qWXRNREl0TURVdg)