Let's skip the whole macro and interests rates stories. The last crypto pump was pure market manipulation in order to floor the "whales" entry price. It was a pretty big short squeeze caused by released of sell positions as seen on the derivative open interest. Without explaining all the concept of liquidity, the market is in need of more cash. The whole...
Whole U.S equity is in a downtrend, from a macro standpoint I don't think the market has price in the future interest rates hikes... There is still downward preasure from a pure technical point a view : -Price is in a downtrend -Finding resistance -RSI getting into overbought zone in low timeframe inciting a imminent correction. and from a fondamental view...