Today, the crypto market came under heavy pressure due to a combination of several factors: investors began actively taking profits after the recent rise, and a wave of liquidations of highly leveraged positions only intensified the decline. Additional negativity was caused by concerns about the macroeconomic situation and the possible tightening of monetary policy, which forced some capital into less risky assets. As is often the case, a domino effect occurred, and the price decline triggered new sales and stop-loss orders. Despite the current correction, many analysts view this movement as a healthy cleansing of the market before the formation of the next trend.