First, take a look at this: trader AguilaTrades has opened another position, shorting 93.67 BTC with 40x leverage.
$BTC 76845.54, 24h -1.8%, 24h trading volume 1.117 billion.
This could make the market more cautious, with more people sitting on the sidelines. It’s worth comparing coins in the same sector to see whether this is an isolated case or part of a sector rotation. How did you respond the last time something like this happened?