Why did the cryptocurrency market collapse today?
We witnessed a sharp decline in the market due to several factors:
1️⃣ U.S. inflation data came in weaker than expected, prompting investors to reduce their exposure to high-risk assets.
2️⃣ Technical pressures after Bitcoin failed to break through the resistance at $110,000, along with massive liquidation of long positions.
3️⃣ Geopolitical tensions and markets shifting towards risk aversion, leading to a flight of liquidity to safe havens.
4️⃣ Movements by major investors (Whales) started intense selling on platforms like Coinbase.
5️⃣ A natural correction after a strong upward wave, which could be a "pause" before resuming the upward trend.
📉 Bitcoin is currently trading between 100–106K, an important support area.
🔁 Is it a collapse? No. It's a healthy correction within the market cycle.
📌 Advice: Watch the market calmly, do not trade impulsively, and focus on risk management.
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