#MarketPullback Reasons for Today's Crypto Market Volatility Drivers
We witnessed total liquidations exceeding $900 million, focused on Bitcoin and Ethereum, which intensified the volatility (AInvest).
There was also a massive sell-off by "whales" amid weak liquidity over the weekend, added to the uncertainty of the U.S. Federal Reserve's policy (CoinCentral, The Economic Times, Mudrex).
Technical analysis indicates a breach of critical support patterns, confirming a short-term bearish trend despite optimistic medium-term forecasts (Mudrex, The Economic Times).
Case Summary
Question: "Is the market bullish today or not?"
Answer: No, the market today is tense and not in a calm bullish state. Prices have clearly dropped due to the mentioned factors, and the intraday volatility appears very strong, reflecting an unstable short-term environment.
Practical Tips for Dealing with This Tension
AdviceExplanationRisk ManagementAvoid high leverage and beware of forced liquidationMonitoring liquidity and large sell-offsLike the acceleration of sell orders from whales or institutional investment fundsMonitoring institutional flows and ETFs may indicate a change in direction; some analysts suggest that it supports medium-term bullish sentiment (The Economic Times, Cry