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headmetax
Macro pressure: stronger U.S. business data pushed Treasury yields higher, weighing on risk assets.
Key levels now: $84K–$85K is the first area to defend. Below that, $82K becomes important. Reclaiming $85K and then $87K would put the highs back in focus.
So far, this looks more like a leverage/profit-taking cooldown after a sharp rally than a new fundamental shock.
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