In the last 24 hours, the crypto market experienced a major crash, wiping out $1.33 billion in trades. The biggest losses came from overleveraged traders who borrowed too much, leading to massive liquidations.
With many high-risk traders now out of the game, the market might see a brief rebound—just enough to lure people into believing a recovery is underway—before making its next significant move.
To stay on the safe side, avoiding high-risk futures trading is wise for now. Instead, focus on accumulating and holding strong cryptocurrencies for the long haul.