🚨 Major drawdown across altcoins
Altcoins are showing broad weakness, with charts turning deep red, sharp price drops, and declining confidence on lower timeframes.
What’s happening now:
🔥 Widespread selling pressure
📉 Major altcoins breaking key support levels
⚠️ Rising correlation with risk-off market sentiment
This move looks more like a serious correction than a simple dip, flushing out weak hands from the market.
Key points:
• High-beta altcoins are suffering the most
• Liquidity is rotating back into $BTC dominance
• Critical support levels are becoming major pivot zones
• Volatility is increasing as buyers step back
Get ready for choppy price action—this drawdown is testing market conviction 🧨
#AltcoinCrash #CryptoMarket #BTCdominance #CryptoVolatility #MarketCorrection