đ Why Crypto Is Red Today (and Why It Might Be Temporary)
After the US session opened, $BTC  slipped below $87K with a fast ~$2K drop in ~30 minutes. That kind of move usually isnât ânewsâ - itâs leverage getting punished.
đĄ Roughly $125M in long liquidations hit within an hour, and the sell-off fed on itself.
Now zoom out: $ETH fell near $3K, and the macro mood isnât helping. Markets are nervous about a potential BoJ rate hike around Dec 18â19, which hits the yen carry trade. Add a cautious Fed, and risk assets start to feel heavy.
Why it matters: these flushes often do two things:
clear weak leverage
set up a base once panic cools
My question: is this a clean leverage wipeout⊠or the start of a deeper macro-driven slide?
