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🛑 “Why did the market crash today? War – Liquidation – and a pivotal moment at $100K!” 🌍📉
📅 Date: June 22, 2025
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📉 Current Price:
Bitcoin (BTC): $99,172 – Sharp drop ~–4.2% during the day
Ethereum (ETH): $2,182.47 – Strong decline ~–9.87%
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🔥 Key Collapse Points:
1. Escalating Geopolitical Tensions
The U.S. attack on Iranian facilities, potential Iranian retaliation, and a double closure of the Strait of Hormuz, created a wave of exit from high-risk assets like cryptocurrencies.
2. Massive Liquidations
Over $1 billion in leveraged positions were liquidated during the day, with long positions worth $905 million and short positions worth **$110 million**.
3. Psychological Support Break at $100K
BTC fell below the $100K level for the first time in nearly a month, leading to accelerated declines and increased investor panic.
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📡 Potential Reversal and Technical Scenario:
Possible Recovery: Some indicators suggest a potential short rebound at oversold levels, but a daily close above $101K–$102K is needed to confirm stability.
Bearish Scenario: If the decline continues, we may see a test of $95K and $90K as the next support levels.
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🧭 Quick Summary for Investor/Trader:
Condition Action
Owns BTC or ETH Set a stop loss below $98K and $2,100
Thinking of entering Wait for a stable rebound above $101K–$102K and $2,250
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