$BTC has slipped under $90k and $ETH is testing $3k. If your portfolio is hurting today, you aren't alone. Here is the quick breakdown of why the market is bleeding:
1. 🌍 Geopolitical Tension:
New trade tariff fears between the EU and US are causing a global "risk-off" mood. Investors are fleeing volatile assets for safety.
2. 💥 The Leverage Flush:
Over $124M in long positions were liquidated in 24 hours. When longs get wrecked, forced selling drives prices down further—a classic domino effect.
3. 🏦 Bond Yield Pressure:
Rising treasury yields are making "safe" money attractive again, pulling institutional cash away from crypto temporarily.
📊 Market Watch:
* Bearish: BTC (-3.7%), SOL (-5.0%)
* Bullish Outlier: $AXS (+25%) is defying the trend! Gaming tokens are seeing a rotation while majors bleed.
🔮 What’s Next?
Watch the $92,500 level for BTC. If we reclaim it, this might be a bear trap. If not, we could see a deeper test of support.
👇 Are you buying the dip or sitting on your hands? Let me know in the comments!
#Binance #Bitcoin #Write2Earn #MarketUpdate #CryptoNews
