𝗔 𝗧𝘂𝗿𝗻𝗶𝗻𝗴 𝗣𝗼𝗶𝗻𝘁 𝗳𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗮𝗿𝗸𝗲𝘁𝘀: 𝗧𝗵𝗲 𝗕𝗲𝗮𝗿𝘀 𝘃𝘀. 𝗧𝗵𝗲 𝗗𝗮𝘄𝗻
Yesterday’s decline drew comparisons to the sharp market drop on March 12, while today’s continued slide feels like an aftershock of March 13’s events. Interestingly, the liquidation volume for altcoins yesterday significantly surpassed that of Bitcoin, signaling aggressive bearish action. However, today’s liquidations have notably decreased despite the ongoing drop, hinting that the bullish momentum in altcoins may have been fully drained for now.
Currently, bullish funds stand at approximately $1.5 billion, while bearish positions dominate at $9.8 billion—a clear imbalance favoring the bears. But the question remains: are the bears growing uneasy? This market dynamic feels like the darkest hour before the dawn. If the market can weather this storm and remain composed, there is a high chance of a strong recovery just ahead. For those holding positions in $BTC, $ETH, and $SOL, patience and strategy may soon lead to the light of victory. The key lies in staying focused and navigating through this phase with calculated moves.