
Post
Katherine smil
Over 60% of S&P 500 tech names are 20%+ below their 52-week highs. Read that again. đ§
This isnât a normal pullback. Itâs a structural crack.
Coinbase -69% from peak. Oracle -57%. Salesforce -57%.
These arenât small caps. Theyâre the core of institutional tech. đ
The index looks âokayâ because a handful of mega-caps are carrying it. Underneath, mid and large-cap tech is bleeding out. Classic trap â retail sees the S&P and thinks health, while the damage spreads quietly. đ¨
For crypto, pay attention. When Coinbase, the TradFi-crypto bridge, gets cut nearly 70%, it signals a liquidity and risk-off shift. The same institutions that bought BTC at $60K are now sitting still watching tech get smoked.
Donât confuse a narrow rally with strength. If the âMagnificent Sevenâ slip, the whole setup gets fragile.
Stay sharp. Play defense. Donât mistake concentration for stability. đĽ
#Coinbase #Oracle #Salesforce
#DailyOrbit #Fed3Dissents
#MSFTCutsCapex @OKX Orbit
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