Market-Wide Plunge: The crypto market experienced one of its worst weeks, with total crypto market cap dropping 16.1% driven by fears over potential US tariffs on China and a looming credit crisis. Bitcoin fell over 10%, while some altcoins like Aptos plunged as much as 36%.
Contrarian Signals Abound: Despite the price crash, multiple data points suggest a potential rebound. On-chain metrics show traders are not in significant pain (low MVRV), retail sentiment is highly fearful, and Bitcoin ETFs saw massive outflows—all historically bullish contrarian indicators.
Whales vs. Shorts: While large “whale” investors have sold off slightly in recent days, their long-term trend remains strong accumulation. Meanwhile, record…
