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Friday, June 7 At 8:00 UTC, more than $2.2 billion worth of cryptocurrency futures options expired, leading to high volatility and a sudden price drop.
The market is starting to stabilize, but it is advisable to remain cautious with futures contracts.
For experienced traders: This is a good time to buy the dip. Avoid short selling and manage your funds prudently.
For beginners: hold your current positions and wait for the market to recover.
Stay vigilant and monitor market developments.
