Iran's artillery fire triggered a "bloodbath" in the cryptocurrency market! 150,000 people were liquidated, and $500 million evaporated in an instant!

The main reason for the plunge in the crypto market is Iran's attack on Israel. This geopolitical conflict has caused widespread concern and panic in the market, causing investors to seek safe havens and exacerbating the volatility of the cryptocurrency market. After the attack, the cryptocurrency market responded quickly, and a large-scale liquidation wave occurred. $500 million in positions, including long and short positions, were liquidated, further driving the market price down.

Bitcoin, Ethereum, etc. were also hit, and prices fell sharply. The geopolitical event of Iran's attack on Israel became the direct fuse for the crypto market crash, triggering widespread market turmoil and investor panic. I wondered, it would rise after a while, and fall after a while. Is it going up or down? This depends on market sentiment. When the market warms up, everyone's mood is high, and the fundamentals of the market are analyzed. The big cake is rising. We can see it as three sections, lower, middle, and upper. The bottom begins to slowly warm up and the market begins to slowly climb. Whether you fight or not, the impact is not great. When the market sentiment is high and the market starts to hit the high point, the dealer can use the news to dump the market and sell the goods. So last week I told everyone to be careful and wait and see when the Bitcoin price is close to 68,000. I also told everyone that a big crash is coming! From the highest 67,000 to the lowest 60,450, it is a drop of nearly 7,000 points. There is a gap at CME BTC 54,000, and this wave of decline is likely to fill it! #BTC☀