The analysis addresses the correction occurring across altcoins with Ethereum at 4.6k, fueled by news that Scott Bessent stated the US will retain all Bitcoin, with reserves valued between $15B-$20B, but will use confiscated assets instead of buying new coins. This spooks the market, leading Bitcoin down to 19.5k, aligning with a predicted bearish divergence to close the CME gap. The US PPI data came at 3.3% YoY, above the expected 2.5%, leading to a 99.8% likelihood of a Fed rate cut. Scott Bessent anticipates the Fed to cut between 150-175 basis points. Chainlink shows a contrasting uptrend by increasing their reserve to $2.6M.