1️⃣ US economic pressure — Lower chances of rate cuts pushed investors out of risky assets.
2️⃣ Stock market drop — Nasdaq & S&P falling, and crypto is following the global risk-off mood.
3️⃣ Large liquidations — Huge long positions wiped out in 24 hours, increasing selling pressure.
➡️ This is a temporary fear-based dip.
➡️ Strong projects always recover.
#btc #blt #bnb