#MarketRebound

On Monday 02/03, the Crypto Market experienced major losses in 24 hours, with total liquidations reaching US$ 2.24 billion. The main cause of this incident was geopolitical uncertainty due to the global tariff war imposed by US President, Donald Trump.

Some market observers say that the impact of this mass liquidation event is greater than the liquidation during the Covid-19 pandemic and the fall of FTX.

Bitcoin ($BTC) slips 6% to $92,000. In addition to the major sell-off, prices of major altcoins such as Ethereum and Cardano ($ADA) also saw sharp declines within hours.

Seeing such large market liquidation, investor confidence in the crypto market began to be shaken. Crypto analysts say that market sentiment is at the 'fear' level. This indicates that many investors are starting to worry about their investments in Crypto exchanges today.

But for some investors, this does not make crypto something to be avoided. When the market is in a 'fear' condition, many investors actually see this as an opportunity to buy at a cheaper price. They have actually been waiting the prices of assets in the crypto market fall, assuming that there is a price discount.