๐จ ALTCOINS TAKE A HIT โ HEREโS WHY! ๐
The crypto market is flashing red today as altcoins face a bearish wave, triggered by multiple key factors:
๐น Bitcoin Dominance Soars โ $BTC now holds nearly 65% market share, drawing capital away from altcoins.
๐น Overbought Conditions โ Many altcoins hit technical limits and are now correcting.
๐น $3B Options Expiry โ BTC & $ETH options expired today, sparking massive volatility across the board.
๐น Regulatory Delays โ Uncertainty around ETF approvals keeps investor confidence shaky.
๐น Major Crashes โ Coins like MANTRA ($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.
๐ Next move? Research. React. Repeat.
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