Reason for the sharp drop 3 hours ago:
1. Global political tensions
– Escalation between Iran and Israel has caused panic in the markets.
2. Massive liquidation of derivatives contracts
– Over a billion dollars were liquidated, with the largest pressure on Bitcoin and Ethereum.
3. Pressure from the US Federal Reserve
– There is still no clarity regarding interest rate cuts, leading the market to decline.
4. Decrease in mining power (Hashrate)
– A drop of more than 20% in the network negatively affected confidence.
✅ Positive side (the good news):
The decline was expected after strong rallies.
Prices are currently at strong support areas.
Many analysts see it as an excellent opportunity to enter or to strengthen positions.
The overall trend is still upward if prices stabilize close to their current levels.
📌 Advice now: 🚨🚨🚨🚨
🚫 Do not enter with all liquidity
