🚨 Bloodbath in the Market! Opportunity or Free Fall? 🚨
Monday kicks off with extreme volatility and panic takes over the screens. As you can see in my screenshots, we are facing a massive movement that is shaking the entire ecosystem. 📉🔥
What is really happening?
Total Liquidation: Look at those numbers! Coins like $BULLA plummeting by -95.74% and others like $COLLECT or $ZORA losing more than 30% in Futures.
Bitcoin under pressure: The king of the market, $BTC , lost the support of $77k and is fighting to stay at $76,673. The trend is clear and the selling volume is strong.
Institutional Capital Flight: Here lies the key. A net outflow of -$509.7M from Bitcoin ETFs is reported. Institutions are taking profits and this drags the entire market down, with $ETH falling more than 7%.
⚠️ MY ADVICE: This is not the time to over-leverage. The market is cleaning out weak positions.
What do you all say? Is it time to "buy the dip" or is this just the beginning? I am monitoring closely for the next movement. 👇
#BTC #Bitcoin #cryptocrash #BİNANCESQUARE #TradingStrategy #MarketUpdate
