#MarketTurbulence #Market_Instability is shaking the cryptocurrency market today, as the price of Bitcoin hovers around $118,700, down from its recent all-time high of over $124,000. Ethereum is trading around $4,622, experiencing sharp fluctuations throughout the day between $4,464 and $4,696. This volatility comes on the heels of increased institutional activity, optimistic policies, and profit-taking from last week's rise. Analysts warn of potential declines if the price of Bitcoin falls below the support level of $112,000, while there remains a positive sentiment for a potential return to test the $130,000 level. With macroeconomic shifts and regulatory headlines driving momentum, traders are preparing for swift reversals. In this climate, risk management is crucial - markets reward the disciplined and punish the reckless.
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