Market Context: Re Protocol ($RE ) is demonstrating text-book distribution behavior. The asset managed a brief 10-point counter-trend relief bounce, which was instantly met with aggressive institutional unloading and met by heavy overhead supply. The dominant macro trend remains firmly down, and with buy-side depth entirely depleted, the market is positioned to slice straight through local support wicks into a deeper price-discovery phase.
#Chainlink joins cross-border FX settlement project #Fed releases PCE data #Strategy cash reserves decline #Nuclear-powered AI data centers
