๐ Why Did the Crypto Market Crash Today? Hereโs What You Need to Know ๐งต
#CryptoCrash #Bitcoin #TradersLeague #IsraelIranConflict
1/ ๐ฅ Geopolitical Shock
Israel launched airstrikes on Iranian military targets, sparking a global risk-off wave.
๐ Investors fled to safe havens like gold.
๐ Bitcoin plunged over 4%, dropping from ~$108K to ~$103.5K in hours.
2/ ๐ฅ $335M in Liquidations
The fear ripple triggered mass futures liquidationsโover $335M in one hour!
๐ Leveraged long positions got wiped, accelerating the drop.
3/ ๐ Technical Breakdown
BTC recently hit resistance near $111K (upper Bollinger Band).
โ ๏ธ Stoch RSI flipped from overboughtโsignaling a cooldown.
๐ Price retraced to the mid-band zone ($106Kโ$108K).
4/ ๐ธ ETF Rally = Time to Take Profits
Bitcoin ETFs saw $164M inflows just on June 11.
But with new highs, smart money often cashes outโleading to natural pullbacks.
๐ So Whatโs Next?
If geopolitical fears ease, history shows crypto tends to rebound fast.
๐ Watch key levels:
BTC: $106Kโ$108K
ETH: ~$2.7K
๐ฌ Are you buying the dip or waiting it out?
๐ Drop your thoughts. Letโs trade smart, not scared.
#CryptoNews #MarketWatch #BinanceFeed #FearToFortune #Bitcoin