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This might be your golden entry. Markets can snap back fast and send prices way higher. 🚀 Are you ready for the next leg up?

Bitcoin ( BTC ) has fallen below the key $80,000 support level, now trading at $79,800. This marks a critical moment for the market, as further declines could trigger more liquidations. Traders are closely watching if BTC can reclaim $80K or if deeper losses are ahead. BTC/USDT 1-day chart - TradingView via Bitget Trading Platform Ethereum ( ETH ) is hanging just above the crucial $2,000 level, currently priced at $2,005. A break below this support could lead to an accelerated drop, further shaking investor confidence. ETH/USDT 1-day chart - TradingView via Bitget Trading Platform XRP is teetering at $2, with heavy selling pressure threatening to push it lower. A confirmed breakdown could send prices tumbling further, extending the market’s bearish momentum. XRP/USDT 1-day chart - TradingView via Bitget Trading Platform Cardano ( ADA ) has officially broken below $0.70, now trading at $0.69. The altcoin market is feeling the pressure, as selling intensifies across multiple assets. ADA/USDT 1-day chart - TradingView via Bitget Trading Platform The ongoing market decline is being driven by heavy dumping and profit-taking, creating a snowball effect. As prices drop, panic selling increases, spreading FUD (fear, uncertainty, and doubt) throughout the crypto space. This cycle has led to widespread losses, with no immediate signs of recovery. Even in a bear market, traders can make money through short selling—a strategy that allows them to profit from declining prices. By opening a short position, traders can sell assets at a higher price and buy them back lower, pocketing the difference. One of the best platforms for short selling is Bitget , offering leveraged trading and risk management tools. Want to short Bitcoin or other cryptos? Start trading on Bitget now 👉 https://partner.bitget.com/bg/cryptoticker .

According to CryptoRank, the BNB Chain network hit a record $16.5 million in DApp revenue in February, while Sonic surpassed Sui to reach $3.8 million. Ethereum and Solana saw notable declines, falling 30% and more than 50%, respectively. 📈 CryptoQuant analysts note that Binance has recorded an all-time high of stablecoin inflows of $31.3 billion. This could mean that investors are pouring liquidity into the exchange, potentially preparing for a coin accumulation. ❗️ Economist Timothy Peterson warns that if the Fed delays its rate cut in 2025, it could trigger a wider market downturn and send BTC crashing to $70,000. ⚡️ Michael Saylor has stated that the US government should aim to hold 25% of Bitcoin's supply by 2035, when 99% of all BTC will be issued.

If Cardano (ADA) climbs to $1.04, a significant price movement could trigger the liquidation of $3.28 billion in leveraged short positions. The latest liquidation heatmap data highlights a key resistance zone where traders betting against ADA may face substantial losses should bullish momentum push the price higher. $3.28 billion in leveraged short positions could face liquidation if #Cardano $ADA surges to $1.04! pic.twitter.com/mGEsexUiZ9 — Ali (@ali_charts) March 9, 2025 The analysis, shared by market expert @ali_charts, underscores the risk short-sellers face and the potential for a sharp price rally if ADA overcomes critical resistance. The liquidation heatmap reveals a concentration of leveraged positions that could be wiped out if ADA breaks past the $1.04 mark. As of March 8, 2025, ADA was trading at approximately $1.03789, just shy of the threshold that could force mass liquidations. Liquidation occurs when traders using leverage cannot maintain their positions due to unfavorable price movements. In this case, if ADA rises above $1.04, those holding leveraged short positions would be forced to close their trades, leading to a cascade of buy orders that could propel the price even higher. The heatmap data highlights a substantial accumulation of short positions, suggesting that many traders have bet on ADA’s price decline. However, should the asset breach this level, it could trigger a short squeeze, where forced buy orders drive the price up rapidly. ADA’s Price Movements and Market Sentiment ADA’s price action is unfolding amid broader volatility in the cryptocurrency market. The asset has experienced fluctuations in recent weeks, with investors reacting to macroeconomic factors, regulatory developments, and Bitcoin’s market movements. Investor sentiment remains divided, with some traders betting on further downside while others see the potential for a bullish reversal. A large liquidation cluster suggests that many traders anticipated ADA’s price to remain below key resistance levels. However, the resulting short squeeze could push the asset significantly higher if bullish momentum builds and ADA surpasses the $1.04 threshold. Several factors could influence ADA’s price trajectory in the coming days. The overall strength of the cryptocurrency market, Bitcoin’s performance, and Cardano’s ecosystem developments all shape investor sentiment. Additionally, trading volumes and market liquidity will be crucial in determining whether ADA can sustain a move past the $1.04 resistance level. A breakout could attract more buyers, reinforcing bullish momentum, while a rejection at this level may lead to further consolidation or a pullback. Traders and analysts are watching closely as ADA approaches this critical liquidation zone. If the asset breaks above $1.04, a wave of forced liquidations could send the price significantly higher. Conversely, if sellers maintain control and ADA fails to clear this level, it could lead to another downturn or prolonged sideways trading.

Risked this dip on $GRK Pray for me Community and Jesse backing might send this back past ATH