🚨 Overnight crash: $BTC touched $73,510 and $1 billion was liquidated! What's happening?
Monday morning was shocking:
- $BTC dropped to $73,510, its lowest since August 21
- $ETH broke below $2,100 and reached $2,060
- $1 billion in long positions liquidated within hours!
The reported reasons: an Nvidia scandal + failed Iran talks + anxiety ahead of tomorrow's U.S. CPI inflation data.
Now $BTC is trying to stabilize at $74,650 and $ETH at $2,118
Fear index: 29 — everyone's scared.
Is this the bottom before a rally? Or the start of a drop to $70k?
I'm not using high leverage during this dangerous period. Preserving capital is more important than making a profit.
What's your plan for tomorrow's CPI data?
$BTC $ETH $SOL #CryptoCrash #CPI #Write2Earn
Monday morning was shocking:
- $BTC dropped to $73,510, its lowest since August 21
- $ETH broke below $2,100 and reached $2,060
- $1 billion in long positions liquidated within hours!
The reported reasons: an Nvidia scandal + failed Iran talks + anxiety ahead of tomorrow's U.S. CPI inflation data.
Now $BTC is trying to stabilize at $74,650 and $ETH at $2,118
Fear index: 29 — everyone's scared.
Is this the bottom before a rally? Or the start of a drop to $70k?
I'm not using high leverage during this dangerous period. Preserving capital is more important than making a profit.
What's your plan for tomorrow's CPI data?
$BTC $ETH $SOL #CryptoCrash #CPI #Write2Earn