Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Jun 05, 2026 19:43
๐Ÿšจ ๐—ก๐—ฎ๐˜€๐—ฑ๐—ฎ๐—พ ๐Ÿญ๐Ÿฌ๐Ÿฌ ๐—ฝ๐—น๐˜‚๐—ป๐—ด๐—ฒ๐˜€ -๐Ÿฐ.๐Ÿฑ% โ€” biggest daily loss of 2026 The Nasdaq 100 is in a straight-line decline, down -4.5% and accelerating into the close. This follows an earlier -3.4% drop reported hours ago โ€” the selloff has deepened with no intraday bounce. **Hupzy take:** A -4.5% straight-line Nasdaq decline is a capitulation-pattern read. Tech equities are the primary liquidity proxy for crypto โ€” when Nasdaq sells off this hard, BTC and ETH tend to follow with a lag. The acceleration from -3.4% to -4.5% within hours suggests institutional program selling, not retail panic. This is the kind of macro risk-off day that can extend crypto drawdowns well beyond what on-chain fundamentals would justify. --source: https://x.com/KobeissiLetter/status/2062975596934664647 Track real-time signals & trade โ†’ https://hupzy.com/trending(Hupzy (Spot On Chain))
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