The crypto market is once again turbulent.
Bitcoin has experienced intense pressure and plummeted more than 12% in a single trading day, triggering panic across various sectors of the market.
A massive sell-off is clearly visible in the derivatives market.
Liquidation of long positions occurred massively, exacerbating the pressure and causing volatility to spike sharply.
The domino effect is felt quickly:
📉 Crypto market capitalization shrinks significantly
🔥 Liquidations are increasing across various exchanges
💸 Altcoins are also correcting
🌍 Risk-off sentiment is beginning to spread to other riskier assets
Global investors are now tending to be more defensive, waiting for certainty regarding the next market direction.
The question is:
Is this just a short-term shakeout, or a signal of a deeper correction phase?
Amid high volatility, risk management and emotional control become the key factors.
!! Disclaimer: This post is for educational purposes only, not an invitation to buy or sell assets
