Reasons for the sharp decline 3 hours ago:
1. Global political tension
– Escalation between Iran and Israel caused panic in the markets.
2. Massive liquidation of derivative contracts
– More than a billion dollars were liquidated, with Bitcoin and Ethereum feeling the most pressure.
3. Pressure from the U.S. Federal Reserve
– There is still no clarity on interest rate cuts, which caused the market decline.
4. Decrease in mining power (Hashrate)
– A drop of more than 20% in the network negatively impacted trust.
✅ Positive aspect (that is encouraging):
The decline was predictable after strong rises.
Prices are currently at strong support levels.
Many analysts consider this an excellent opportunity to enter or strengthen positions.
The overall trend is still upward if prices remain around their current levels.
📌 Advice for now:
🚫 Do not enter with all liquidity
💡 Watch the market calmly
🔥 And if prices recover, the opportunity could be golden!