$ETH
Reasons for the collapse of the cryptocurrency market:
We have witnessed a sharp decline in the market due to several factors:
1️⃣ U.S. inflation data came in weaker than expected, prompting investors to reduce their exposure to high-risk assets.
2️⃣ Technical pressures after Bitcoin failed to break the resistance at $110,000, along with massive liquidations of long positions.
3️⃣ Geopolitical tensions and a market shift towards risk aversion, leading to liquidity flowing into safe havens.
4️⃣ Movements by large investors (Whales) started intensive selling on platforms like Coinbase.
5️⃣ A natural correction after a strong upward wave, which could be a "pause" before resuming the upward trend.
📉 Bitcoin is currently trading between 100–106K, an important support area.
🔁 Is it a crash? No. It is a healthy correction within the market cycle.