$ALGO got hit — but the problem wasn’t Algorand. 👀
BTC dumped fast.
💥 $400M–$550M+ in leverage got wiped out
📉 Alts followed
💵 Strong dollar + high yields added pressure
No major fresh ALGO-specific bad news.
This looks more like a market-wide leverage flush than an Algorand problem.
Now the real question: does $ALGO bounce with BTC, or is there more downside ahead?
👇 Would you buy here or wait for confirmation?
#BinanceSquare