$XRP

$BTC

$ETH

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🚨 $160 Billion Wipeout: Crypto Bloodbath or Just a Reset? 💥

What Just Happened — and What Comes Next Before Sunday…

📉 Market Meltdown:

Over 6–7% of the entire crypto market vanished overnight, wiping out more than $160 Billion in value. This comes after a $1 Billion+ liquidation storm that shook even seasoned traders.

🔥 The Trigger:

🔻 Galaxy Digital offloaded ~10,000 BTC ($1.18B), sparking a chain reaction:

💣 $152M in liquidations

📉 BTC dropped nearly 3% to $115K

📈 Surprisingly, ETH held strong, even rising 0.5% to $3,346

🧊 Altcoin Carnage:

SOL and XRP dipped up to 5%

ETH showing rare strength in chaos

Retail panic, whales cool off, but smart money is watching...

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🔍 My Take (Alpha Insight):

This isn’t the start of Crypto Winter ❄️ — it’s a cooldown, a healthy shakeout after a blazing 24% rally this month.

💡 Whale dumps + overleveraged longs = flash correction

✅ But ETH resilience is a bullish signal

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📊 What to Watch This Weekend (Game Plan):

🔸 BTC Key Support: $115K

🔸 ETH Must Hold: $3,500 (watch $3,730 resistance)

🔸 If They Break:

➡️ Expect BTC to retest $110K

➡️ ETH could slide to $3K

➡️ Altcoins might bleed harder — watch for oversold bounces

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⚠️ Strategy for Smart Traders:

✅ No FOMO buys

✅ Limit your leverage

✅ Hunt for oversold altcoins with strong support zones

📉 Shakeouts create opportunities — but only for those who stay calm and manage risks