🚨 ISRAEL-IRAN CONFLICT: CRYPTO MARKET TURMOIL HITS $1.15B LIQUIDATIONS! 🚨
🔥Crypto markets are reeling:
- 📉 Bitcoin plunged to $103.9K (-2.9%) as risk assets nosedived globally .
- 💥 Altcoins bled harder: $SOL -9.5%, ETH -8.8% — CoinDesk20 Index down 6.1% in 24hrs .
- 💸 $1.15B LONG liquidations flooded markets — 90% from over-leveraged positions .
Why crypto’s shaking?
1️⃣ Safe-haven rush: Traders fled to gold (+1.3%) and oil (+14% at peak!) amid Middle East chaos .
2️⃣ Retaliation fears: Polymarket odds now price a 91% chance Iran strikes back THIS MONTH .
3️⃣ Leverage unwinding: Open interest (OI) dropped $5.7B overnight as funding rates turned deeply negative (ETH: -7.99%) .
Key levels to watch:
- $BTC : Critical support at $102K–$104K. Breach = $84M long liquidations waiting .
- $ETH : Holding $2,480? 200-day EMA is make-or-break .
Silver lining?
- ETF inflows persist: Spot BTC ETFs added $939M this month — institutions aren’t panic-selling *yet* .
- Dollar dominance: USD spiked 0.52% as global “risk-off” accelerates .
👇 Your move:
- Holding, hedging, or exiting?
- Think BTC reclaims $105K today?
