💥 Crypto Dips — Big Comeback Ahead? 🚀💭
Crypto turned red on Oct 21 as Bitcoin fell below $108K, dragging Ethereum, Solana, and BNB down. 📉 After weeks of optimism, fear has returned, leaving traders asking why and when recovery might start.
1️⃣ Market Pressure: Profit-taking, a stronger U.S. dollar, global tensions, and cautious Fed comments are weighing on markets. Whales locking in gains have reduced short-term liquidity. 💧💸
2️⃣ Fear Returns: The Crypto Fear & Greed Index flipped from “greed” to “fear.” Altcoins dip deeper as funds shift to stable assets. 😰📊
3️⃣ Bounce Potential: Support near $100K–$110K, upcoming institutional inflows, and potential ETFs could spark recovery. Patience is key — fear often precedes breakouts. 💎⚡