The cryptocurrency market has seen strong fluctuations in recent hours, with liquidations of trading positions exceeding $500 million recorded, most of which were for traders betting on rising prices.
Major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) continued to decline, amid caution among investors due to global market conditions and a decrease in liquidity for some digital assets.
On the other hand, the data showed a significant decrease in liquidity for some currencies like XRP, which may lead to more severe price movements in the upcoming period.
💡 My personal opinion:
These movements are a clear reminder of the importance of risk management, especially for beginners, and not entering large trades without a clear plan.📌 In your opinion, are we witnessing a continuation of the decline or a rebound soon?
