Last night, the entire crypto market went into meltdown mode đ± â and hereâs the real reason behind the chaos đ
đŁ Over $1.2 BILLION got liquidated in just 24 hours â with more than 88% being long positions!
đ Bitcoin ($BTC) alone faced over $25M in liquidations, while spot ETFs saw massive $480M outflows, the biggest in weeks!
Many traders were confused: âWait, didnât the Fed cut rates? Shouldnât that pump the markets?â đ
Well⊠not this time. Hereâs what really happened đ
đ At 2:30 AM, Fed Chair Jerome Powell dropped a shocker during his statement:
> âThis rate cut is a preventive adjustment, not the start of an easing cycle.â
He also warned that the ongoing U.S. government shutdown could delay critical data â meaning no confirmation of another rate cut in December. â
That one comment instantly flipped sentiment. Traders who were expecting two cuts this year â October and December â suddenly lost confidence. đ©
The result?
âïž Risk assets froze.
đ $BTC broke below $106K.
đ ETF outflows triggered panic selling across altcoins.
But hereâs the good news đĄđ
As long as Bitcoin holds the $105Kâ$106K support zone, thereâs room for a technical rebound. đ
đ§ Watch ETF flows closely â theyâre the new heartbeat of the crypto market.
Institutional inflows = green light đą
Continued outflows = red alert â ïž
Donât get shaken out when it matters most. The market is testing conviction â not killing opportunity. đȘ
Stay focused, stay strong, and remember⊠every dip builds the next breakout! đ
#CryptoCrash #BitcoinUpdate #PowellSpeech #ETFFlow #MarketAlert #BinanceSquare
