Perhaps this drop is also connected with the fact that investors seek to reduce risks ahead of Friday's employment data in the US, as there are fears that the high level of employment may force the Fed to suspend rate cuts.
Perhaps the insiders learned the figures on jobs and the employment market in advance. This is not the first time. We will find out on Friday.
Buyers will now have to defend the $97,600 level, as a sustained break below it on higher timeframes could prove unpleasant.