Well, we’ve wrapped up the final call of the week! 🔥 Today we took an in-depth look at the reasons behind the sharp sell-off in the crypto market 🩸
We focused mainly on the sell-off in the US tech sector, the drop in shares of #NVIDIA and #AMD, and how reduced risk appetite in the stock market affected crypto. Long liquidations added further pressure, intensifying the downward momentum.
For $BTC , $ETH and $AVAX , we reviewed the market structure, key levels, and possible scenarios for further movement. We also looked at how our setups played out.
We focused mainly on the sell-off in the US tech sector, the drop in shares of #NVIDIA and #AMD, and how reduced risk appetite in the stock market affected crypto. Long liquidations added further pressure, intensifying the downward momentum.
For $BTC , $ETH and $AVAX , we reviewed the market structure, key levels, and possible scenarios for further movement. We also looked at how our setups played out.