The macroeconomic climate has darkened sharply over the past 24 hours. The announcement by President Trump of new punitive tariffs against several European Union countries has sent shockwaves through financial markets. Bitcoin<\/a> (BTC)<\/strong>, often correlated with risk-on assets, has not been spared, recording a drop of nearly 2.5%<\/strong> to touch $92,663<\/strong>.<\/p>\n\n\n\n This correction comes as the market is still digesting massive liquidations of long positions\u2014over $680 million<\/strong> wiped out in a single day. Investors appear to be retreating to cash and gold, temporarily abandoning digital assets. However, the current decline could be the prelude to a deeper move, justified by five worrying technical signals.<\/p>\n\n\n\n This is arguably the most closely watched technical signal by Ichimoku traders. A bearish “Kumo Twist”<\/strong> is forming on the weekly timeframe. This phenomenon occurs when the two leading lines of the Ichimoku cloud (Senkou Span A and B) cross, indicating a potential reversal of the underlying trend.<\/p>\n\n\n\nThe Formidable “Kumo Twist” on the Weekly Chart<\/h2>\n\n\n\n