Crypto Euphoria Fades Into Brutal Correction


7h05 ▪
4
min read ▪ by
Luc Jose A.

After weeks of bullish euphoria, the crypto market violently corrected, revealing an underlying tension ignored for too long. In just 24 hours, over 500 million dollars of long positions were liquidated, dragging down bitcoin, Ethereum, and XRP in their fall. This brutal wave revealed the fragility of a market fueled by leverage, where technical indicators, sidelined by optimism, suddenly regain all their importance. A return to reality is necessary for investors.

A crypto trader on the edge of a cliff, symbolizing the massive liquidations.A crypto trader on the edge of a cliff, symbolizing the massive liquidations.

In brief

  • The crypto market suffered a…

Source link