"Massive Crypto Market Dive: Why Bitcoin and Altcoins Plummeted!

In the wake of the Iran drone attack on Israel, the crypto market took a severe hit, with BTC plunging below $60k and alts seeing staggering drops of 30%–50%. The reason? War typically boosts commodities like oil and gold, sparking inflation fears and stifling rate cuts, a bearish signal for stocks and crypto.

This crash triggered a cascade of liquidations, especially among leveraged positions, exacerbating the sell-off. But savvy investors know the key: avoid leverage, stick to spot trading to minimize risk and maximize gains.

But here's the silver lining: after past black swan events like Covid in March 2020 and the Russia-Ukraine tensions, the crypto market has historically bounced back with parabolic runs. With BTC holding strong above $63k and solid support at $60k, there's optimism for a rebound, especially with ETF buyers eyeing the $56k-$58k support range. Stay informed, stay sharp, and brace for the rebound! 🚀"