🚨 Market Update 🚨
With Eid ul-Adha approaching, it's important to be aware of how major holidays in Muslim-majority countries can affect the markets.
Historically, during festive periods like this, we often see a drop in trading activity and a spike in volatility — mainly due to reduced liquidity and increased profit-taking.
This year, the impact on crypto could be more pronounced. As retail investors begin to sell for personal or financial reasons, it may spark concern among larger players and whales — potentially leading to a wave of selling pressure.
If this unfolds, Bitcoin could face a significant correction, with possible dips below key psychological levels like $90K, $80K, or even $70K.
Additional macro and fundamental uncertainties are also weighing on sentiment, adding to the overall bearish tone.
⚠️ Stay sharp, protect your capital, and trade smart.
Wishing everyone safety and success during this period.
#CryptoVolatility #EidMarketEffect #BitcoinCorrection #TradeSmart
