🚨 4 REASONS WHY THE CRYPTO MARKET IS COLLAPSING THIS WEEK
1️⃣ Options Expiration
Tomorrow, $23 billion in BTC/ETH options expire. This is a quarterly expiration, often synonymous with high volatility. Whales are pushing prices toward the maximum pain level: $110K for BTC, $3,700 for ETH.
2️⃣ Risk of US Government Shutdown
67% probability of a shutdown by October 1st. Historically, this triggers market corrections. Panic is rising.
3️⃣ Economic Data Too Strong
Q2 GDP revised to 3.8% (vs. 3.3%). Good news in the long term, but bearish in the short term: this reduces the chances of a rate cut.
4️⃣ Excessive Leverage
Retail traders overloaded highly leveraged positions via DEXs. Alt open interest doubled that of BTC. The result: massive liquidations and a market crash. #SECxCFTCCryptoCollab #BinanceHODLerXPL #BinanceHODLerMIRA $BTC #proppeseguy