Over $10 trillion in market value was wiped out within hours. 💥
A single-day move where silver loses multiple years’ worth of typical returns is extremely rare.
That said, calling this the most brutal day in market history is an exaggeration—this was an extreme deleveraging event, not an unprecedented statistical anomaly.
$1.2B was lost during the COVID crash as panic sellers dumped at the bottom.
$1.6B vanished in the FTX collapse when over-leveraged traders were wiped out. $1.8B disappeared in just the last 24 hours as fear hit the market again.
History repeats itself. When fear takes over, weak hands exit. Smart money stays patient and accumulates. Crypto isn’t dead — panic is just early.
Bitcoin is now sitting on its last major support after sweeping large liquidation clusters between $96K–$98K.
Last week’s dump was extremely aggressive, which makes the current structure fragile. Because of that, I’m not confident taking long positions from this level yet.
⚠️ Caution is advised until we see clear confirmation or a strong reclaim.