#MarketPullback
📉 Fresh Pullback Alert – What’s Going On (June 7)
Hey everyone, here’s the lowdown on the current pullback in crypto markets — and how to navigate it smartly.
🔻 What’s Happening?
• Bitcoin is trading around $105.6K, down over 4% from its recent peak near $111.9K   .
• Ethereum has pulled back more sharply, currently at $2,515, off more than 6–7% from recent highs .
• Altcoins like SOL, XRP, DOGE are also seeing dips in the 3–9% range .
This isn’t just profit-taking—it’s a mix of macro caution and spillover from political drama, like the Trump–Musk clash .
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🧠 Why It’s Not Panic Time
• Corrections are normal — especially after a 50%+ run in a month .
• Support zones are holding: Bitcoin is stabilizing near $105K–$105.5K, Ethereum around $2.5K .
• Technical indicators hint at cautious sentiment — bearish RSI divergences flash, but BTC is still above key EMAs .
🛡️ My Playbook Right Now
1. No leverage – Too much volatility.
2. Buy near support – Especially BTC at $105K or ETH at $2.5K.
3. Watch macro signals – US jobs data or Fed cues can flip sentiment.
4. Track this space – If support holds, we may rebound; if not, deeper correction is possible.
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🔮 What Could Happen Next
• Best case: Consolidation → bounce from support → continuation to new highs.
• Bear case: Dive below $105K BTC or $2.5K ETH → risk of drop to ~$100K and ~$2.3K.
• Watch for long-liquidation events, which could trigger sharp moves  .
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🧩 TL;DR
This pullback feels healthy — profit-taking, macro nerves, and external noise mixing in. That said, support zones are intact, which sets the stage for either accumulation or deeper correction. Stay sharp, stick to your risk plan, and watch those key levels.
