Causes of the sharp decline 4 hours ago:
1. Global political tensions
Escalation between Iran and Israel caused panic in the markets.
2. Massive liquidation of derivatives contracts
Over one billion dollars have been liquidated, with the biggest pressure on Bitcoin and Ethereum.
3. Pressure from the US Federal Reserve
There is still no clarity regarding interest rate cuts, which is causing the market to decline.
4. Decrease in mining power (Hashrate)
A drop of more than 20% in the network adversely affected confidence.
🧐 The positive side (the good news):
The decline was expected after strong increases.
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 and watch the market calmly.
If prices rebound, the opportunity could be golden.
