$ETH

Price Falls 7%: Will Crypto Recover Soon? 📉

📊 Over the past 72 hours, Bitcoin dropped 7%, falling short of the $112K ATH due to rising bearish pressure. Escalating geopolitical tension and long-leverage liquidations amplified the downside across crypto markets.

⚔️ Trump’s tariff threats and Israel’s military strike on Iran triggered panic, leading to massive sell-offs. BTC was dumped as traders feared broader market turmoil, labeling crypto as high-risk in uncertain times.

🔍 CryptoQuant reports a sharp divergence between BTC price and Binance Open Interest. As BTC neared $110K, OI failed to confirm the rally, signaling weakening futures market interest despite bullish price action.

💸 On top of this, $750M in stablecoins were withdrawn from derivative exchanges—mirroring a similar move in May. This suggests de-risking and caution from whales near local price peaks.

📉 With BTC now hovering near $110K, breaking the $101K support could trigger a drop to $96K. Lack of confirmation from OI and large capital outflows add to the bearish risk in the short term.

🚨 Investors are advised to “DYOR” and avoid “FOMO” decisions as the market navigates geopolitical chaos and shaky on-chain signals.

⚠️ Disclaimer:

This post is for informational purposes only and does not constitute financial advice or endorsement.