🚨Bitcoin drops sharply below $78,000 Why is the market bleeding? In just 2 days, the crypto market has lost around $80 billion, with $BTC breaking below the $78K level, causing a rapid shift in sentiment. Why is the market dropping? Iran announced a possible move to charge fees in the Strait of Hormuz – a key route handling around 20% of global oil shipments Oil prices surged, raising fears of inflation returning Markets are now doubting Fed rate cuts, with growing concerns about a more hawkish stance Risk assets are being sold off: both crypto and equities On top of that, hundreds of millions in leveraged positions were liquidated, creating a domino effect In short This is not a problem specific to Bitcoin, but rather a combined shock from geopolitics + macro uncertainty + excessive leverage. What to watch now ✅ Avoid panic selling ✅ Monitor developments around the Strait of Hormuz and oil prices ✅ Watch upcoming Fed statements closely ✅ Manage leverage carefully to avoid liquidation cascades Markets like this often “flush out leverage first, then find direction.” Are you holding BTC, staying in cash, or got liquidated in this move? #BTCBreaks5MonthDowntrend #BTCBestMonthSince2024Q4 #BTC71KWhaleCashout