Crypto correction hitting hard right now bros 😭
BTC plunged 13-15% yesterday, briefly cracking below $61k (lowest since late 2024), last seen around $62k-$65k after the bloodbath. Total market cap shed hundreds of billions – from $4T+ peaks to under $2.5T territory in months. Alts bleeding worse, tech stocks dumping in sync, and even gold volatility adding fuel.
This isn't a quick dip anymore – it's full capitulation mode. Leverage flush, OGs cashing out, ETF outflows spiking, sentiment lowest in months. Feels like 2022 all over again... but remember, every cycle has these resets before the next leg up.
Trader tips in the trenches:
BTC support testing $60k-$62k zone – hold with volume rebound = potential bounce to $68k+.
Stop below $60k tight if you're long (no revenge trading).
Cash is king right now – wait for capitulation bottom signals (extreme fear, volume dry-up).
If you're buying dips: small size, only play money, diversify.
Who's still diamond handing through the storm? Or did you sell the bottom last time? Drop your honest take below – no judgment, we all bleed red together 😂
#CryptoCorrection #Bitcoin #MarketUpdate #BinanceSquare #MarketCorrection
