It honestly feels like the crypto market is taking a massive beating right now, especially with Bitcoin temporarily dipping under that stressful $60,000 line after nearly a billion dollars in long liquidations got wiped out. Between the Fed playing hardball on interest rates and massive tech headlines like SpaceX's Nasdaq listing stealing the spotlight, crypto is just dealing with a brutal liquidity crunch. For the coming week, it's going to be a tense waiting game around the upcoming US PCE data to see if buyers can decisively defend this current floor. Looking ahead over the coming months, the bleeding should stop once this aggressive streak of institutional ETF outflows cools off and money starts trickling back in. It’s a frustrating phase to sit through, but this kind of painful consolidation is usually exactly what flushes out the excess leverage to build a healthier foundation.