⛔ The Crypto market is experiencing a sharp correction!
In the past 24 hours, the entire market has recorded a significant decline: BTC and ETH both retreated, while BNB was the biggest loser, dropping more than 2.6%. The market capitalization decreased by nearly 6%, approaching the $3.98T mark.
• Bitcoin (BTC) remains above the $117K mark – still within an important support zone. However, if it breaks below $115K, the possibility of a deeper reset could occur.
• Ethereum (ETH) is under profit-taking pressure, although the ETF is still injecting capital. The price is currently fluctuating around $3.7K, with the $3.5K–$3.6K range being the next strong support.
• BNB has been heavily sold off after a recent pump and token burn. The nearest support zone is $660.
One noteworthy factor is that today there is an options contract expiration worth over $4.1 billion, including BTC and ETH. This could cause strong volatility after the expiration time, especially if the price “pulls” towards the max pain zone (BTC: 105K, ETH: 2.6K).
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🎯 Suggested strategy:
• BTC holding around $116K: light accumulation is possible.
• ETH at $3.5K: look to open a short-term buy position.
• BNB: prioritize standing aside or wait for stabilization.
• Altcoin: only hold coins following major trends (RWA, DePIN, AI).
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