📉 The current crypto market decline is a tactical pullback, not a trend change
This was stated by the head of Binance, Richard Tang.
🪙 He noted that the crypto market has already gone through similar stress tests more than once and has shown the ability to recover.
Binance recorded liquidations worth $334 million over the past 24 hours, which is common for medium-term corrections.
📊 Despite breaking through the $90,000 level, the current decline remains relatively moderate compared to previous cycles.
In past bear markets, BTC lost between 70% and 90% of its value, while in the current cycle, the maximum correction was about 25%.