🇺🇸 When the Tape Breaks but the Signals Don’t
Macro tension pushes price lower, yet divergence stacks suggest this move may be exhaustion rather than continuation.
🪙 Crypto Market Overview
Bitcoin has taken another leg lower as broader financial markets remain uneasy amid rising tensions linked to Greenland and renewed U.S.–EU friction.
Despite the weakness, not all signals are aligning bearishly. Liquidation Map Z-score data points to $93,600 as the highest-probability magnet once pressure eases — a level worth keeping front of mind as this move matures.
Spot CVD is neutral to slightly negative, consistent with profit-taking and short building rather than panic selling. There is still no sign of aggressive spot distribution.
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