🚨🚨Crypto Bull Run Cools Off: Index Drops from 70 to 50! Time to Buy the Dip?
Hey #CryptoFam! The crypto bull run is hitting a speed bump! RSI dropped from 66 to 55, with 50% of top cryptos like BTC & $ETH below their 50-day SMA, signaling a short-term cooldown. But hold up—63% are still above the 200-day SMA, keeping the long-term bull vibe alive!
Why the dip?
1️⃣Macro Pressure: US PPI data sparked $460M in liquidations, shaking $BTC (~$120K).
2️⃣Altcoin Action: $BNB(+4.23%) & $XLM (+6%) stay strong, while $YZY crashed 60% after a 6,800% pump!
3️⃣Next Move: Analysts see consolidation before a push to $4.1T market cap if $4T holds. Is this a dip to buy?
4️⃣Crypto is volatile—DYOR and trade smart!
What’s your play? Buying $XLM or $BNB dips or waiting for $BTC to rebound? Share below!