đŽ WHY THE CRYPTO MARKET IS DUMPING TODAY đ
â The market is seeing red this February 11, 2026, as Bitcoin ($BTC) struggles to stay above the critical $70,000 level. If you're wondering why your portfolio is bleeding, here is the quick breakdown of what's happening right now:$XRP
â1ïžâŁ The "Warsh Effect" & The Fed đŠ
â The nomination of Kevin Warsh as the next Fed Chair has sent shockwaves through the markets. Investors are fearing a "regime shift" toward higher interest rates and a smaller balance sheet. In short: Less liquidity = Less fuel for Crypto. âœđ«
â2ïžâŁ Institutional Sell-Off (ETF Redemptions) đïž
â This isn't just a retail panic; the "Big Boys" are selling. We are seeing massive redemptions in Spot Bitcoin ETFs, forcing issuers to sell BTC on the open market. The Coinbase Premium is negative, showing that US institutions are the ones leading this exit. đ
â3ïžâŁ The Tech Correlation đ»
â Bitcoin is currently moving in lockstep with the NASDAQ and AI stocks. As investors pull back on tech over-valuation concerns, crypto is getting caught in the crossfire of this massive "de-risking" event. đ€đ„
â4ïžâŁ Data "Waiting Game" âł
â Everyone is holding their breath for the US Jobs Report (out today!) and CPI Inflation data (Feb 13). Until these numbers are out, traders are playing it safe and staying on the sidelines.
âđ Key Levels to Watch:
â$BTC: Crucial support at $67,000. A break below this could get ugly. â ïž
â$ETH: Currently struggling under the $2,000 psychological barrier.
â$SOL: Funding rates are turning negativeâshorts are piling in! đ
âđĄ My Take for Scalpers
âVolatilty is a gift if you know how to trade it! I'm keeping a close eye on SOL/USDT for bounce plays, but stay cautious with your leverage today. The trend is currently our enemy. đĄïž
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