#GlobalTechSell-OffHitsRiskAssets
Dragon Fly Official Analysis
Global tech stocks experienced a sharp sell-off today, and as expected, **risk assets across the board followed suit** — including Bitcoin, ETH, and GT token. This coordinated decline reflects **systemic market stress** rather than isolated news.
📊 **Deep Research Insights**
**1️⃣ Macro & Market Drivers**
* Rising real yields and tightening monetary policy triggered the tech sell-off.
* Liquidity rotations caused crypto and other risk assets to drop simultaneously.
* Investor sentiment shifted to **risk-off**, leading to temporar

Bitcoin Sharpe Ratio Falls to Lowest Level Since March 2023, Market Reversal Imminent
On February 9, CryptoQuant analyst Darkfost stated that the Bitcoin Sharpe ratio, which measures risk and potential return, has entered negative territory, consistent with late-stage bear markets. However, this does not mean the bear market is over, but rather indicates that the risk-reward ratio is approaching an extreme point. The current Bitcoin Sharpe ratio is -10, the lowest since March 2023.
Looking back at historical data, the Bitcoin Sharpe ratio reached lows at the end of 2022 to early 2023 and again

🏆 EGY Achieves a New Milestone
EGY has reached a new achievement, becoming the #1 token across
Gate Fun • Gate Alpha • Gate Web3.
📊 Token Data
• Token Name: EGY
• Network: BNB Chain
• Total Supply: 1B
• Available on: Gate Fun / Gate Alpha / Gate Web3
This milestone reflects growing activity and visibility within the Gate ecosystem.

Prime Minister Sanae Takaichi of Japan has achieved a historic electoral victory, establishing herself as the country's most powerful leader.\nThe LDP secured 316 seats in the lower house with a majority of two-thirds, out of 465 seats, thus having a higher representation rate in the lower house than all other parties in Japan.\nThe qualified majority in the House of Representatives will facilitate her coalition's passage of laws and will bring the controversial constitutional amendment issue back to the agenda.\nTakaichi's trade momentum has gained speed. Futures markets started the day posit

The move is coming $NPC

Coinbase Responds to the New Crypto Legislation Proposed in Congress - #cnbc # CEO #sec

【$H Signal】Long | Healthy Consolidation After Breakout with Volume
After a volume breakout on the 4H timeframe, the price is consolidating within a narrow range below the previous high resistance zone. The price action indicates a healthy reset rather than a top-out sell-off: 1) The retracement after the breakout is limited, with buyers continuously absorbing selling pressure in the 0.141-0.143 region; 2) Open interest (OI) remains stable and has not surged with the price increase, ruling out FOMO chasing; 3) Although Taker sell volume is dominant, the price refuses to undergo a deep correcti

$F is gaining momentum and showing signs of a potential breakout. Currently trading at $0.006, it has the potential to reach $0.020\nGood time to accumulate for upcoming alts rally

The grind starts when you wake up\nGo get that bag guys 💰💰

2.9 Monday Intraday Analysis
The daily chart shows a continuous decline in price from the previous high of 3446, and it has now broken through the lower band support. Below, only the previous low of 1736 provides weak support. The rebound momentum is weak. From the indicators, the MACD histogram continues to expand in the green, and the DIF and DEA lines remain in a deep negative zone. The market is dominated by bearish momentum. Although the KDJ indicator shows signs of a golden cross at low levels, it has not yet formed an effective turning point, casting doubt on the sustainability of the r