Market tone: Mostly red (alts down ~1–6% while BTC is only mildly red and ETH slightly green). That’s classic risk-off / defensive rotation: capital hides in majors while higher-beta alts bleed.
Sentiment: the Crypto Fear & Greed Index is 16 (Extreme Fear).
That usually means volatility is elevated, people are impatient, and liquidity thins—great for patient spot DCA, dangerous for high-leverage futures.
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Macro drivers primarily affecting the market
1) US jobs / labor signal → “growth scare” vibes
US initial jobless claims printed 236K, up from 192K (bigger-than-expected jump).
This can p