Rogério Mereciano Souza
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Another red day for the crypto market
Bitcoin started the day down and pulled a good part of the market along. $BTC even lost support at $66K, and most altcoins followed the trend:
$ETH dropped below $3,500
$SOL retreating more than 5%
ADA, AVAX, and LINK are also bleeding badly
Even meme coins like DOGE and PEPE have lost strength
No FUD without reason: the correction came after weeks of rising, with the market still digesting macro data from the USA, speculation about interest rates, and that old fear of profit-taking before the end of the month.
👉 For those positioned for the long term, it's just another fluctuation.
👉 For those in the short term, it's worth staying alert: a lot of volatility, leverage being liquidated, and lower liquidity this weekend.
Nothing has changed in the fundamentals, but the sentiment has temporarily shifted. Stay tuned, hold on tight, and always DYOR.
#CEXvsDEX101 #TradingTypes101 #Bitcoin2025
Bitcoin started the day down and pulled a good part of the market along. $BTC even lost support at $66K, and most altcoins followed the trend:
$ETH dropped below $3,500
$SOL retreating more than 5%
ADA, AVAX, and LINK are also bleeding badly
Even meme coins like DOGE and PEPE have lost strength
No FUD without reason: the correction came after weeks of rising, with the market still digesting macro data from the USA, speculation about interest rates, and that old fear of profit-taking before the end of the month.
👉 For those positioned for the long term, it's just another fluctuation.
👉 For those in the short term, it's worth staying alert: a lot of volatility, leverage being liquidated, and lower liquidity this weekend.
Nothing has changed in the fundamentals, but the sentiment has temporarily shifted. Stay tuned, hold on tight, and always DYOR.
#CEXvsDEX101 #TradingTypes101 #Bitcoin2025
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