🚨𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐀𝐥𝐭𝐜𝐨𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐚𝐩 𝐖𝐢𝐩𝐞𝐨𝐮𝐭 🚨
In a dramatic turn, the altcoin market saw a staggering $260 billion erased in a single price candle, marking a brutal leverage flush. As anticipated, this mirrors Bitcoin's recent leverage shakeout. Overleveraged traders and inexperienced investors who aggressively bought dips over the past weeks faced mass liquidations, caught unprepared for the sharp downturn. This event underscores the importance of trading with caution, avoiding excessive leverage, and waiting for clearer market signals. Savvy traders who anticipated the flush positioned themselves wisely, capitalizing on the chaos and securing profitable opportunities amidst the volatility.