âđ Market Shock: The $2.95T Dump & Critical Support Levels
âThe market is facing a Bearish Shock as traders eye key support levels. Here is the data driving the fear and the hope:
âThe Damage: The global crypto market cap is down to $2.95 Trillion, a drop of 5.02% in the last 24 hours. Major coins like $BTC (-6.03%), $BCH (-6.18%), and $DOGE (-9.43%) are heavily impacted.
â$ETH Breaches Support: Ethereum ($ETH) has dropped below 3,000 USDT.
âWhale Signal: A Significant AAVE Transfer to FalconX was observed, a move often associated with impending volatility.
âThe Hope: Markets previously saw a major rebound as Rate-Cut Odds Surged to 85%. Can this macroeconomic optimism overcome the sudden selling pressure?
âđ Question: Will the current selling stop at the next major support, or is the market testing the patience of the new institutional capital that has driven the surge in investments?
â#marketcrash #bearish #ETH #AAVE #ratecuts @Square-Creator-06b0c68e5637 $ETH $AAVE
