🔥🔥The Core Truth Behind Last Night's Market Plunge
The main reason for the market decline is
Yesterday, news broke about negotiations with Iran, causing a pre-market surge due to expectations of a delayed war from the former president, followed by a sharp decline, with BTC breaking below the 62,000 support level.
Subsequently, it was announced that the negotiations with Iran had collapsed and Russia warned the U.S. not to interfere in the Iran conflict, with the situation in Russia-Ukraine and the Middle East escalating simultaneously, leading to a prolonged period of market stagnation.
The Iran war could last more than 2 weeks, with safe-haven funds flowing into gold and the dollar, pulling liquidity from the crypto market, as historical patterns confirm.
In the first week of the 2022 Russia-Ukraine conflict, BTC's volatility reached 45%, while ETH fell by 28%.
During geopolitical crises, mainstream coins typically drop before rising, and panic selling presents a buying opportunity.
The washout may continue for several weeks, but if international conflicts ease within the next 2 weeks, the bull market for the 2025 halving cycle may kick off early, leading to a rapid rebound in the market, so everyone should prepare their ammunition!!!
The altcoins to prioritize in spot trading: UNI PNUT
