🔴 Red Friday: $160B Vanished — Is This Just a Dip or the Beginning of Blood Season? 🩸
$1 Billion liquidated.
$160B wiped from the market.
And the whole crypto world is holding its breath. 😶🌫️
Here’s what’s really going on… and what to watch before Sunday hits. 🧵👇
⚠️ What Sparked the Crash:
• Galaxy Digital dumped ~10,000 BTC (≈ $1.18B)
• Triggered $152M+ in liquidations — dominoes fell FAST
• BTC dipped ~3% to $115K
• Altcoins: SOL & XRP bled up to 5%
• But strangely… ETH held strong, climbing ~0.5% to $3,346 🤔
📊 My Take:
This isn’t crypto winter. It’s a reset.
Smart money is chilling after a 24% run in July.
Liquidations + whales = flash correction, not death spiral.
ETH’s resilience is the hidden signal here.
If BTC holds $115K and ETH holds $3,500 into Sunday...
We survive. We continue. The bull run breathes. 🫁
If those break?
Prepare for:
👉 BTC at $110K
👉 ETH near $3K
👉 Altcoins bleeding out again
✅ What I’m Doing:
• Watching BTC @ $115K — make or break zone
• ETH support: $3,500, resistance at $3,730
• Hunting oversold altcoins near major support
• No leverage. No panic buys. No FOMO.
🧠 TL;DR:
This is not the end — but a test.
Shakeouts create opportunities.
Watch the next 48 hours like a hawk. 🦅