๐จ Why Is Crypto Dumping Today? ๐ค
BTC, ETH, and altcoins are down 5%โ10% today. Letโs break down the main reasons behind this market drop ๐
1โฃ White House Meeting ๐๏ธ
Today, Trump is meeting with Zelensky and EU leaders to discuss a possible Russia-Ukraine peace deal.
Some believe it will happen, others doubt it.
๐ This uncertainty is shaking the markets, and uncertainty is something traders hate.
2โฃ Leverage Flush ๐ฅ
Nothing moves up in a straight line.
ETH pumped 50% in 2 weeks
Alts pumped 50%โ100%
This caused traders to open high-leverage positions, and now exchanges are liquidating them.
๐ Once this flush is over, big money will buy the dips and spark a reversal.
3โฃ Rate Cut Odds ๐
A week ago, the probability of a September rate cut was 100%.
Now itโs at 84.8%, thanks to new PPI data.
๐ The market is adjusting, and thatโs adding to the sell pressure.
๐ฎ Whatโs Next?
โ Todayโs White House meeting will remove much of the uncertainty.
โ The September rate cut is still highly likely.
โ This dump is just giving better entries to big players before the market goes parabolic again.
Stay calm, donโt panic. Sometimes the dip is just a setup for the next big run. ๐
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