This week was historic.

Assets plummeted day by day.

Monday:

The Russell 2000 fell sharply after reaching new highs of 2838. Small-cap stocks tend to fall first when risk begins to disappear from the market.

Tuesday:

The Dollar Index (DXY) fell to a multi-year low. This came after Trump said he was not concerned about the weakness of the dollar and rumors of an intervention in the yen began to spread.

Wednesday:

The S&P 500 suffered a massive sell-off. Markets reacted after U.S. authorities denied any intervention plans, removing a key support that traders expected.

Thursday:

The Nasdaq was next to fall. Tech stocks finally recovered as selling pressure increased.

Friday:

Gold and silver plummeted. This was due to strong liquidations and margin pressure, not a sudden drop in physical demand.

Saturday:

Bitcoin and Ethereum suffered a massive sell-off. Once selling began in liquid markets, cryptocurrencies followed suit. High leverage worsened the situation. This was not a coincidence.

It was a chain reaction: small cap → dollar → stocks → metals → cryptocurrencies.