🌪 Market Turbulence
The crypto market is showing heightened volatility today:
• Bitcoin (BTC) slipped from intraday highs above $121K to $118.5K within hours, as traders react to renewed macroeconomic uncertainty.
• Ethereum (ETH) retraced 2% amid concerns over upcoming regulatory announcements.
• High-beta altcoins are experiencing sharper swings — SOL down 5% and AVAX down 6% in the last 24 hours.
Key Drivers:
• US inflation data came in higher than expected, sparking risk-off sentiment.
• Whale wallets recorded unusual inflows to exchanges, suggesting short-term selling pressure.
• Futures funding rates turned negative for the first time this month.
Insight: Rapid price swings in turbulent markets often trigger emotional trading. Seasoned traders focus on risk management — adjusting position sizes, using stop losses, and avoiding over-leverage.
How are you navigating the turbulence — hedging, holding, or hunting for bargains?