What traders should do as the crypto markets dip?
- Crypto markets fall sharply, triggering $737.36 million in leveraged liquidations over the past 24 hours.
- Leading assets, such as Ethereum, XRP, and Solana, experienced notable losses, while meme coins declined more significantly.
- Traders should closely watch key support zones to determine whether the market will stabilize or enter a deeper correction phase.
Crypto markets experienced a sharp sell-off over the last 24 hours, resulting in widespread liquidations across leveraged positions. More than $737 million in positions were wiped out, with 85.3% of them being longs—highlighting the overly bullish positioning. Altcoins, such as Ethereum (ETH), Ripple (XRP), and Solana (SOL), experienced a pullback, while meme…
