📉 Market Crash: What's Happening?
Today we see a sharp decline across all fronts:
🔻 Bitcoin - fell below $118,000
🔻 S&P 500 - down 0.19%
🔻 NASDAQ 100 (QQQ) - down 0.6%
Reasons for the decline:
• Mass profit-taking against the backdrop of an overheated market
• The first outflow from Bitcoin ETF in a long time (-$131M)
• Anticipation of the Fed chair's speech - markets are anxious
• Mixed reports from giants (Coca-Cola, GM, Lockheed)
⚠️ Investors are leaving risky assets, and crypto is once again showing a high correlation with the stock market.
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❗What does this mean?
This is not a trend collapse, but a deep correction before new data.
We are monitoring the level of $115,000 for BTC - this is key support.
The Fed may stir the markets again - prepare for volatility.
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📌 Are you trading during such movements? Set stop losses, secure profits in zones, and don't catch falling knives.
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