1️⃣ Huge Sell-off by Whales

One of the major investors decided to sell around 24,000 Bitcoins 💰, which means billions of dollars! This caused a rapid price collapse until we found support around ~$110,000.

This sell-off also triggered a chain of forced liquidations worth over $900 million, putting significant pressure on the market.

2️⃣ Technical Breakdown

Cryptocurrencies have experienced noticeable declines after breaking important support levels, indicating a need for careful monitoring and analysis for any upcoming investments. 📉

💡 Important Advice:

Despite the decline, there are always opportunities in the market, and those who know how to take advantage of these moments can achieve significant gains. Keep following your analyses and strategies, and always stay aware of the fluctuations.

👇 Share this post with your friends and market enthusiasts, and let us know your thoughts on this decline!