📉 CRYPTO MARKET COLLAPSE ON JUNE 17 – RISK OR MOMENT TO BUY?
Cryptocurrencies slipped hard today after sharp geopolitical headlines and profit-taking. Bitcoin tumbled from 109,000 to 104,000 and Ethereum fell about 4 percent. Altcoins saw deeper drops: PEPE plunged nearly 14 percent and Solana declined around 4 percent.
🟩 What’s driving the drop?
✅ Rising tensions in the Middle East created a risk-off wave
✅ Heavy long liquidations pushed prices lower
✅ Institutions hit pause on ETF inflows until volatility calms
🟩 Could this be a flash crash or black swan event?
✅ If risk sentiment worsens expect further declines
✅ If key support holds this may be a dip-buy opportunity
🟩 Spot buying candidates now:
✅ Bitcoin and Ethereum for strong fundamentals
✅ PEPE and Solana if they show bounce signals
Let’s see what the community thinks: Long or Short? 💚
