📉 Crypto Market Pulls Back After Friday’s Spike Here’s Why ... 👇

The crypto market is sliding today, wiping out gains sparked by Jay Powell’s dovish remarks on Friday. 🟠 Ethereum fell to 4,800, while total market cap dropped below 4T.

Here’s what’s driving the drop:

1️⃣ Profit-Taking: After the recent rally, both retail and institutional investors are locking in gains.

2️⃣ Dead Cat Bounce Fears: Some traders fear the recent surge was just a temporary spike before another drop.

3️⃣ Weekend Weakness: Market volume is down 40%, and the Fear & Greed Index sits at 53 (neutral), signaling low momentum.

Stay sharp volatility isn’t done yet.

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