🚨 ALTCOINS TAKE A HIT — HERE’S WHY! 📉
The crypto market is flashing red today as altcoins face a bearish wave, triggered by multiple key factors:
🔹 Bitcoin Dominance Soars —
$BTC now holds nearly 65% market share, drawing capital away from altcoins.
🔹 Overbought Conditions — Many altcoins hit technical limits and are now correcting.
🔹 $3B Options Expiry — BTC &
$ETH options expired today, sparking massive volatility across the board.
🔹 Regulatory Delays — Uncertainty around ETF approvals keeps investor confidence shaky.
🔹 Major Crashes — Coins like MANTRA (
$OM ) recently dropped up to 95%, shaking the altcoin market.
While the sentiment feels heavy, experienced traders see opportunity in chaos. Stay sharp, watch the charts, and manage risk wisely.
📊 Next move? Research. React. Repeat.
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