Crypto Market Today - Oct 9
Global Market Cap: $2.80T (-3.42% 24h)
Alerian Galaxy Index: 6,293.34 (-3.35% today)
Prev Close: 6,511.23 | Open: 6,499.57
Today's Range: 6,160 - 6,500
52Wk High: 10,679 | 52Wk Low: 4,772
WHY MARKET DOWN? 👇
1) $700M+ Long Liquidations - Leveraged longs wiped out!
2) Macro Pressure - US 10Y Treasury Yield nearing 5.3%
3) $BTC Support $80k-$82k Broken - Triggered $500M-$1B liquidations
Chart shows liquidation flush at 6,160 at night, then sideways recovery to 6,293.
Do you think this is a buying opportunity or more dip coming?
#Crypto #BTC #ETH #MarketUpdate
⚠️ Not Financial Advice
Global Market Cap: $2.80T (-3.42% 24h)
Alerian Galaxy Index: 6,293.34 (-3.35% today)
Prev Close: 6,511.23 | Open: 6,499.57
Today's Range: 6,160 - 6,500
52Wk High: 10,679 | 52Wk Low: 4,772
WHY MARKET DOWN? 👇
1) $700M+ Long Liquidations - Leveraged longs wiped out!
2) Macro Pressure - US 10Y Treasury Yield nearing 5.3%
3) $BTC Support $80k-$82k Broken - Triggered $500M-$1B liquidations
Chart shows liquidation flush at 6,160 at night, then sideways recovery to 6,293.
Do you think this is a buying opportunity or more dip coming?
#Crypto #BTC #ETH #MarketUpdate
⚠️ Not Financial Advice