Stocks take late hit following Amazon earnings
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BTCUSD Daily
Bitcoin lost 75K and now what we are looking at ( this free fall) might be just a beginning of longer wave downward.
Put aside all figures that many “experts” are auctioning on the net, and wishful thinking of those locked in the instrument.
This is pure and simple Liquidation.
First reasonable support comes around 49.500, and if BTC finds some strength prior to it, it would be fantastic…
I am just saying what I’m seeing – not cheering for either side….

XRPUSD Update
When I said earlier today : “Ripple is in freefall – 0.9535 most probable first target.” I didn’t mean today….but right now looks as tomorrow could be a good day for it as any…
Joke aside, Ripple took a dive around 20% today , and with a close coming fast at around these levels , situation for coming 24h is bleak.
A miracle is needed to stop this fall, and I don’t see any.

USDCAD 1.3675 is essentially unchaged after
– post “https://www.bankofcanada.ca/2026/02/structural-change-canada-at-a-crossroads/”
Macklem’s economy under Liberal and ex BoE honch Carney is heading deeper into the toilet
The Qtn now is if usdcad will pop N of 1.37 OR
plumb S of 1.3650/25
My trust in the sanity-ability of the market is being slowly renewed when see headlines such as this one for ex.:
“Peloton shares plunge more than 20% on weak holiday quarter, sluggish demand for splashy new products” – cnbc
yeah … splash .. splish splash
or maybe slowly back to Buffet’s Core Valuation Philosophy: Focus on intrinsic value, cash flow, and margin of safety
GVI 5:39 / I am wondering, given all the factoids around BTC and alleged hypothesies about costs of mining BTC, some kind of (im)balance between sellers and buyers etc, IF 50% haircut off the 1yr 124,714 high ($62,357) would not be somehow significant to the crypto world’s enthusiasts for next direction
BTCUSD (BITCOIN) UPDATE
BTCUSD WEEKLY CHART

ETHUSD
“Ethereum has set a new on-chain milestone by recording 2.88 million transactions in a single day, the highest in its history.”
Not necessarily a bull signal, in fact the opposite. Increased ETH movement often indicates that more investors are withdrawing funds from wallets, often in large transactions.. Ethereum today is down nearly 10% currently at 1,940 at the time of writing.

Big miss in JOLTS (job openings)

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LaGarde also said they don’t target exchange rates but keep an eye on it

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Newsquawk US Daily Equity Opening News
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Euro Steadies After ECB Holds Rates
The euro traded around $1.18, recovering modest early-session losses after the European Central Bank left interest rates unchanged as expected.
The ECB reiterated that inflation is expected to stabilize at its 2% target over the medium term, while noting that the euro area economy remains resilient despite an uncertain outlook driven by global trade policy risks and ongoing geopolitical tensions.

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