📉 Reason for the sharp decline 3 hours ago:
1. Global political tensions
– Escalation between Iran and Israel caused panic in the markets.
2. Massive liquidation of derivatives contracts
– Over a billion dollars were liquidated, with the largest pressure on Bitcoin and Ethereum.
3. Pressure from the U.S. Federal Reserve
– There is still no clarity regarding interest rate cuts, which caused the market to decline.
4. Decrease in mining power (Hashrate)
– A drop of over 20% in the network, negatively affecting confidence.
✅ Positive side (the good news):
The decline was expected after strong rises.
Prices are currently at strong support levels.
Many analysts see it as an excellent opportunity to enter or to strengthen positions.
The overall trend is still upward if prices stabilize close to their current levels.
📌 Advice now:
🚫 Do not enter with all your liquidity
💡 Monitor the market calmly
🔥 And if prices rebound, the opportunity could be golden!