₿ Crypto Technicals

• $BTC / $BTCUSD has to defend the prior-low support at $60k. A decisive break opens the door to $48k. Bulls need to step in here, otherwise the chart stays in breakdown mode. 1

• $BTCUSD printed one of its lowest Daily RSI readings on record when it hit $61k. That signals extreme downside momentum, but also puts a potential oversold bounce on watch. 2

🛒 Equity Technical Setups

• $WMT is worth watching technically. After a multi-day selloff into SMA200, the stock saw a high-volume rebound. That setup has a decent chance to extend, with a clearly defined stop-loss zone. Not necessarily an immediate trade, but it belongs on the watchlist. 3

🤖 AI Semiconductor Trades

• MRVL ripping to 350 looked emotion-driven rather than fundamentals-driven. The valuation had moved too far, so chasing MRVL at that level made little sense. 4

• Broadcom delivered better-than-expected earnings, yet the stock dropped 14%. Compared with overheated names in the same AI/TPU lane, this pullback looks more like a starter-position opportunity than a panic-exit setup. A small night-session entry was the chosen positioning. 4

🌏 Macro & Trade Policy

• The U.S. using Section 301 tariffs instead of the legally challenged IEEPA route was not a surprise. This was already well-telegraphed, including by China’s Ministry of Commerce in prior days, so the market should not overreact to it as fresh policy shock. 5