#SwingTradingStrategy
๐ Reason for the sharp decline 3 hours ago:
1. Global political tensions
โ Escalation between Iran and Israel caused panic in the markets.
2. Massive liquidation of derivatives contracts
โ Over a billion dollars were liquidated, with the biggest pressure on $BTC and $ETH .
3. Pressure from the US Federal Reserve
โ There is still no clarity regarding interest rate cuts, which caused the market to decline.
4. Decrease in mining power (Hashrate)
โ A drop of over 20% in the network negatively affected confidence.
โ The positive side (the good news):
The decline was expected after strong increases.
Prices are currently at strong support areas.
Many analysts see it as an excellent opportunity to enter or to strengthen positions.
The overall trend is still bullish if prices stabilize close to their current levels.
๐ Advice now:
๐ซ Do not enter with all liquidity
๐ก Watch the market calmly
๐ฅ And if prices rebound, the opportunity could be golden!
#IsraelIranConflict #Binance #ุณูู_ุฑูู ู #ุณูู_ุงูุฃุณูู
