Just checked the crypto market and Bitcoin's holding around $73K after bouncing back from that weekend dip. There was a nasty selloff tied to geopolitical tensions, and we actually got a CME gap that traders are watching closely. The interesting part is how much leverage got wiped out - over $400 million in futures liquidations, mostly long positions getting rekt.

What caught my eye is how the crypto market is splitting right now. While most alts are struggling, some tokens like Bitcoin Cash and Chainlink are showing real strength with positive funding rates and sustained buying pressure. Privacy coins like Dash have actually been pumping, up over 20% in 24 hours. The overall altcoin sentiment index is at 49/100, so we're not in full alt season yet, but the RSI is looking oversold which could mean a bounce is coming.

The volatility has been wild - Bitcoin's implied vol jumped to 60% from 53% earlier in the week, and Ethereum's even higher at 84%. You can see the fear in the put options too, traders are heavily hedging downside risk. The dollar's back above 100 which is weighing on commodities, but the crypto market seems to be finding its footing as we move through the week.