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The news is extremely bearish, and a daily-level reversal is expected on the technical side.
Starting to place bets again!
Regarding the series of attacks on Amazon AWS and Oracle, highly destructive new intelligence is circulating across the internet:
1. Mediterranean Cable "Vibration": According to deep-sea sensor fingerprints, abnormal signal interruptions have occurred this morning in the underwater cable network near Cyprus in the eastern Mediterranean. This is most likely not a malfunction but an emergency mobilization by engineering ships. The market is extremely fearful that Iran's next target is to cut the Eurasian digital artery.
2. Tillis's Final Concession: Senator Tillis's stance softened immediately after the Oracle attack. It is reported that Tillis had an emergency meeting with the chief of staff of the acting Federal Reserve Chair Kevin Warsh, hinting that Tillis might support Warsh's nomination next week so that Warsh can activate the "wartime liquidity facilitation tool" after taking office in May.
3. 1099-DA Tax Countdown: As April 15 approaches, large fund holders, due to the "liquidity distrust" caused by the attack on data centers, are accelerating the conversion of assets into USD cash to pay taxes. This relentless drain has suppressed all positive signals.