Clear drop in the market: Most currencies have lost between 5% and over 13% in 24 hours.
Bitcoin BTC is down by 3.1% and is around $104,000 (the highest price it reached was $111,980 just a few hours ago).
Ethereum ETH is down more than 9%, which is a negative indicator because it usually follows Bitcoin but can sometimes be more sensitive.
💥 What is happening? And why this drop?
1. The geopolitical situation (Iran vs. Israel):
News about escalation or new tensions in the Middle East creates a state of "uncertainty" in the markets.
Investors are fleeing to safe-haven assets (like gold and the dollar) and exiting from cryptocurrencies.
This puts pressure on the price, especially if direct strikes or military reactions occur.
2. Huge sell-offs / liquidation of positions:
Whales or large investors sell when they sense political danger.
People entering with leverage are liquidated if the price drops quickly.
3. Technical analysis:
Bitcoin broke an important support around 106,000, and if it drops below 102,000, we might see another drop to 98,000 or even 94,000.
🤔 So what should I do? Sell or wait?
The answer here depends on 3 factors:
1. Are you a long-term investor?
✅ If you intend to hold the currency for months or years, then this drop is a buying opportunity and not a selling one.
❌ Selling now would be locking in actual losses instead of just paper losses.
2. Do you need liquidity soon?
If you have financial commitments, you can sell only a part and keep the rest.
It's best not to sell everything while under pressure.
3. Can your psyche handle it?
This market is tough, and if fear controls you every time the price drops, it's better to exit and invest in something less volatile.
🧠 My opinion honestly:
> "Don't sell at a loss when you're scared, and don't buy when you're greedy."
The market is down due to political and temporary news.
A strong rebound could happen if calming news or an agreement is announced.
Bitcoin is still maintaining the upward trend in the long term.
Small coins (like PEPE, ARB, and UNI) might collapse further, stay with the big ones for now if you intend to continue.
✅ My practical advice:
If you're holding strong currencies (BTC, ETH, BNB), stay an investor and be patient.
Watch the support at 102,000 and 94,000 for Bitcoin.
Don't inject new liquidity now, wait for signals of stability or rebound.
Always diversify your investments and don't put all your eggs in one basket.