Cause of the abrupt drop 3 hours ago:
1. Global political tensions
– The escalation between Iran and Israel caused panic in the markets.
2. Massive liquidation of derivative contracts
– Over a billion dollars were liquidated, with the most pressure on Bitcoin and Ethereum.
3. Pressures from the U.S. Federal Reserve
– There is currently no clarity on interest rate cuts, which caused the market to retreat.
4. Drop in mining power (Hashrate)
– A decline of over 20% in the network negatively affected confidence.
✅ The silver lining (that cheers):
The drop was expected after strong increases.
Prices are currently in strong support zones.
Many analysts see it as an excellent opportunity to enter or reinforce positions.
The overall trend remains bullish if prices stabilize near their current levels.
📌 Advice now:
🚫 Don't enter with all your liquidity
💡 Watch the market calmly
🔥 And if prices recover, the opportunity could be golden!