It's important to remember that the crypto market can be influenced by various factors, including geopolitical events like the Iran drone attack on Israel. ๐ During times of uncertainty, investors often flock to traditional safe-haven assets like gold and oil, which can impact inflation and, consequently, interest rates. This, in turn, can affect the sentiment in the stock and crypto markets. ๐ฑ When BTC and altcoins start to drop, leveraged traders can get liquidated, exacerbating the downward spiral. ๐ฌ But hey, there's always a silver lining! ๐ซ As history has shown, the crypto market tends to bounce back after such events, so hodling and avoiding leverage can be a wise strategy. ๐ช And remember, support levels like $60k and $56k-$58k can act as strong pillars during turbulent times. ๐๏ธ So buckle up, keep calm, and hodl on! ๐๐
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