Strykr Analysis
BearishStrykr Pulse 30/100. Massive liquidations and external macro shocks are hammering crypto. Threat Level 5/5. Extreme volatility and downside risk remain.
Bitcoin’s weekend bloodbath wiped out $2.6 billion in liquidations, dragging prices below $80,000 to a 9-month low. The catalyst? Japan’s bond market turmoil ended the era of free money, forcing a brutal unwind in leveraged crypto positions. The fallout hit $BTC hard, with hash rates down 12% as winter storms hammered miners, compounding the pain.
Altcoins weren’t spared. Solana’s DeFi ecosystem took a massive hit with Step Finance losing $30 million in a breach, sending the $STEP token down 80%. XRP volume surged 74% amid the crash, a classic sign of panic trading. Veteran trader Peter Brandt warns the $58,000 level is next stop for $BTC, signaling the correction is far from over.
Strykr Pulse 30/100 for crypto reflects deep bearish sentiment and systemic stress. This is a market in reset mode, not a buy-the-dip moment. Threat Level 5/5 for volatility and liquidation risk. Traders need tight stops and patience before considering re-entry.
Sources (5)
Japan bond market chaos threatens to trigger unprecedented Bitcoin liquidations as the era of free money ends
Japan spent decades as the world's best destination for the world's easiest funding trade. You could borrow yen at very low rates, buy almost anything
Solana DeFi Breach Sees Step Finance Lose $30M as Treasury Wallets Exploited
Market reacts violently as the $STEP token drops over 80% after the treasury compromise
XRP Rockets 74% in Volume as Crypto Market Faces $2.58 Billion Crash
XRP has seen its trading volume jump over 74% as the broader crypto market fell significantly in early Sunday trading.
Prediction Markets Are the Hot New Thing, but Will They Be a Good Long-Term Investment?
Prediction market contracts enable investors to predict the future price of a specific cryptocurrency or the outcome of a specific cryptocurrency even
Bitcoin tests long-term cost support at $76K – Market bottom?
Bitcoin's weekend dip breaches the $76K Cost Basis, exposing a liquidity-driven market reset.