🚨 Crypto Market Bleeds! — What’s Causing This Sell-Off? 💥
> $BTC, $ETH & $SOL break major support levels – $500M liquidated! 💣
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🇺🇸 Trump’s New Tariffs = Risk-Off Mood?
On July 31, the U.S. announced fresh import tariffs, set to kick in from August 7.
→ This has sparked fear across global markets.
→ Whales and institutions are pulling liquidity out of crypto.
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📉 Support Levels Broken
$BTC , $ETH, and $SOL have all crashed through key support zones.
This triggered panic selling and cascading liquidations across altcoins.
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🔻 $500M+ Liquidated
Leverage traders were hit HARD.
Over $500,000,000 in long/short positions were wiped out in hours.
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📊 Fed Rate Uncertainty = More Trouble Ahead?
The market is also nervous about the U.S. Fed’s interest rate stance.
Will they pause, hike, or cut? Nobody knows, and investors hate uncertainty.
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🤔 My View:
"This is a classic example of how macro triggers + technical breakdowns can wreck over-leveraged markets. Personally, I'm staying cautious and waiting for more clarity before re-entering big positions."
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💬 What’s YOUR take on this correction? Are you buying the dip or waiting it out?
👇 Drop your thoughts in the comments!
