The market today is witnessing a noticeable turmoil as the price of Bitcoin has dropped by nearly 5% to around $86,000 and Ethereum has reached about ~$2,800. The main reason lies in widespread liquidation of high-leverage positions amounting to hundreds of millions.

Japanese bond yields rising above 1% for the first time in years, leading to the unwinding of yen borrowing positions.

Additionally, a lack of liquidity at the beginning of the new month and the start of the week.

Macroeconomic pressures such as fears of a delay in interest rate cuts by the Federal Reserve.

Negative flows from Bitcoin exchange-traded funds.

Concerns over tightening regulations in China and rebalancing of automated portfolios.

🎯Stay calm and avoid selling under panic pressure and focus on long-term investments with portfolio diversification to reduce risks; the market always returns stronger.

👉DYOR

$BTC