These recent falls are due, among other things, to three factors
1° the sale of GBTC by Grayscale, which has been greater than the absorption capacity of the Black Rock ETFs. (You have to keep an eye on it, because there are rumors of China proposing new BTC ETFs)
2° The great leverage in recent months that has resulted in large liquidations, part of the excessive price.
3° The link between point 1 and 2, by lowering the price of BTC, all the leverage that it can provide directly impacts the altcoins, thus liquidating many accounts and logically the money of many people.
It is not investment advice but one more opinion that will be lost, thank you very much for reading 😁😁😁
