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Katherine smil
Katherine smil
Over 60% of S&P 500 tech names are 20%+ below their 52-week highs. Read that again. 🧠 This isn’t a normal pullback. It’s a structural crack. Coinbase -69% from peak. Oracle -57%. Salesforce -57%. These aren’t small caps. They’re the core of institutional tech. 📉 The index looks “okay” because a handful of mega-caps are carrying it. Underneath, mid and large-cap tech is bleeding out. Classic trap — retail sees the S&P and thinks health, while the damage spreads quietly. 🚨 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. Don’t confuse a narrow rally with strength. If the “Magnificent Seven” slip, the whole setup gets fragile. Stay sharp. Play defense. Don’t mistake concentration for stability. 🔥 #Coinbase #Oracle #Salesforce #DailyOrbit #Fed3Dissents #MSFTCutsCapex @OKX Orbit

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