“Crash Alert: BTC, ETH & BNB All Falling—What to Do? 🚨”
Today (August 1), the crypto market dropped sharply:
Bitcoin dipped below $115,200, wiping out recent gains amid U.S. tariffs and profit taking
Ethereum fell by ~3.7% and traded under $3,700, following market-wide corrections
BNB has broken below key support at $640, down over 4%, testing critical zones like $625–$600
📌 Short-term traders: Watch for bounces toward resistance levels—BTC around $120K, ETH near $3.8K, BNB resistance at $640–670.
🎯 Risk management: Consider setting stop losses or booking partial profits on high-risk alt coins.
⏳ Long-term holders: These dips offer a chance to rebalance cost average if fundamentals remain solid.
Do you plan to hold through this dip, buy more, or sit it out? Let's talk market strategy 👇