March is here and the market is sending a very clear message

BTC was at $126K in october. today we're at $65,883. that's nearly a 48% crash in 4 months and nobody wants to talk about what's actually driving it.
everyone blamed tariffs. everyone blamed Iran. everyone blamed macro.
but here's what i keep coming back to.
PPI data dropped this week and it was hot. inflation isn't cooling the way the fed needs it to. rate cut hopes just got pushed back again. and the moment that data hit, BTC dropped 3% in hours. same as it always does when macro turns bad.
this isn't a crypto problem. this is a liquidity problem.
Fear and Greed is sitting at 11 right now. lowest it's been in years. for context we didn't see 11 during the FTX collapse. we didn't see 11 during covid. that's how bad sentiment is right now.
but here's the thing about extreme fear.
Polymarket is showing 62% of people expecting BTC to fall below $50K this year. ETF outflows hit $203 million in a single day this week. everyone is positioned the same way. everyone is short or sitting in cash.
when the whole crowd leans one direction the market almost never gives them what they want.
$60K is the line. break it and $50K becomes real. hold it and march could flip fast.
not financial advice. do your own research.
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