#BTCVolatility

This latest collapse of Bitcoin ($BTC ) and Ethereum ($ETH ) (down $1T+ in market value!) confirms a bitter reality: cryptocurrencies are no longer a separate safe haven.

​The big loss: Bitcoin dropping to \text{\$87,300} and Ethereum to \text{\$2,810} after retreating from the peaks is a harsh liquidation.

​The main driver: What is driving the collapse is not just forced selling, but the overall trend. Mixed U.S. jobs data and Federal Reserve predictions are reducing global risk appetite.

​Correlation is king: As long as cryptocurrencies remain highly correlated with risky assets, price movements will continue to follow the previous "independent growth narrative."

​Levels of \text{\$85,000} for Bitcoin and \text{\$2,700} for Ethereum are a real test. We need to monitor whale behavior and ETF flows as the best indicators of recovery.​##BTCVolatility #Crypto_Jobs🎯