đ Crypto Market Rollercoaster: Over $1 Billion Liquidated! đ
âą In a dramatic turn, the crypto market saw over $1 billion in leveraged positions vanish within a day, highlighting the risks of high-leverage trading. Despite the setback, analysts suggest this could be a short-term correction, not a long-term decline.
âą Bitcoin led the liquidation wave, settling at $94,971. Market expert Caleb Franzen notes similar pullbacks in past bull cycles, often followed by higher highs. Could this be a buying opportunity?
âą The Federal Reserve's cautious rate cut approach adds complexity, but some foresee a "Santa rally" as the year ends.
đŹ What are your thoughts? Will the crypto market bounce back? Share your views below!