Just observed: Bitcoin has fallen below the 80,000 mark and triggered a significant wave of liquidations. Futures positions worth approximately $300 million were liquidated in the process. That’s quite remarkable, considering how volatile the markets are currently — not only in crypto but also in other assets like oil prices over the past 24 hours.

This again shows how quickly sentiment can shift. When the price drops so suddenly, margin positions are automatically liquidated, which pushes the price even further down. A classic domino effect scenario in the market.

Interestingly, such movements often also influence other markets. Those who pay close attention can see the correlations between different asset classes. Still, for long-term hodlers, these are more side shows. The major moves are driven by real fundamental changes, not just liquidations.