Solana is also among the most volatile; those who didn't dodge this wave are crying.

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𝐂𝐑𝐘𝐏𝐓𝐎 𝐌𝐀𝐑𝐊𝐄𝐓 𝐃𝐔𝐌𝐏𝐒 𝐀𝐒 𝐏𝐏𝐈 𝐈𝐍𝐅𝐋𝐀𝐓𝐈𝐎𝐍 𝐒𝐇𝐎𝐂𝐊𝐒 𝐓𝐑𝐀𝐃𝐄𝐑𝐒

📉 $BTC and $ETH are seeing aggressive selling pressure after U.S. PPI and Core PPI data surged to their highest levels in nearly 3.5 years.

The market reacted immediately:
▫️ Bitcoin dropped below key short-term levels
▫️ Ethereum followed with sharp downside momentum
▫️ Over $57M in long positions were liquidated within just 60 minutes

This is exactly how leverage-driven volatility unfolds after major macroeconomic surprises.

Higher inflation data increases fears that the Federal Reserve may keep interest rates elevated for longer.

And when that happens, risk assets like crypto usually experience immediate pressure.

Assets currently leading volatility:
▫️ $BTC
▫️ $ETH
▫️ $SOL

The important part now is whether spot demand steps in to absorb the selling.

Because if leverage continues unwinding aggressively, volatility could expand even further.

🔶 𝐓𝐑𝐀𝐃𝐈𝐍𝐆 𝐇𝐄𝐈𝐆𝐇𝐓𝐒™ 𝐕𝐄𝐑𝐃𝐈𝐂𝐓

Macro data still controls short-term market direction.

And right now, inflation fears are hitting crypto hard.

$BTC ‌ $ETH ‌#GateSquareMayTradingShare
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