📉 MARKET SUMMARY 22/06 – WEEKEND “RED STORM”

Today's crypto market witnessed a strong widespread correction, causing many traders to be swept by stop-loss orders. Below are the notable developments:

🔻 Top deep declines (24h):

Trading PairCurrent Price% Decrease1000PEPEUSDT0.0086462-11.13%ETHUSDC$2,186.1-9.84%ETHUSDT$2,185.76-9.83%SOLUSDT$128.48-8.72%XRPUSDT$1.9344-8.73%FUNUSDT$0.007443-5.75%BTCUSDT$99,271.8-4.22%

🧨 Highlights:

Ethereum (ETH) dropped nearly 10%, breaking the support zone of $2,400 and causing many long positions to get liquidated.

BTC fell below the $100K mark – an important psychological region.

Memecoin 1000PEPE and altcoins like FUN were also heavily affected.

Trading volume remains high, indicating that whales may be redistributing their positions.

📊 Quick analysis:

Short term: The market may continue to correct another 5–8% before a technical recovery.

Long term: Still in a large accumulation trend preparing for a new growth phase after the correction.

👉 What positions are you taking? SL or buy the dip?

Drop your comments under the W2E post!