🇺🇸 After the Pin Breaks: A Market Testing Its Next Conviction
Post-expiry relief and a softer dollar offer breathing room, but conviction still needs confirmation.
🪙 Crypto Market Overview
Price rebounded above $90,000 almost immediately after options expiry — a clean release after several sessions of mechanical pinning. That timing matters. It supports the idea that positioning, not fresh fundamentals, was suppressing price into expiry.
Crypto also caught a late bid as the U.S. dollar sold off broadly against major currencies and precious metals. The reaction was constructive, though not explosive — suggesting the market is listening, but not fully convinced yet.
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