I don't know how everyone's weekend went. For me, I barely got any sleep, woken up in the middle of the night by a series of liquidation alerts on my phone. The recent crypto market trends have been absolutely terrifying, especially from last night to this morning, with Bitcoin doing a "high dive." Many friends probably woke up to find all their profits wiped out, or even their principal locked in. Today, we're skipping all the vague macroeconomic jargon and getting straight to the point. Based on the latest market data as of 11:24 AM today, let's talk about the real situation in the crypto market and lay out the next steps for trading. As usual, I'll share some personal risk warnings at the end of the article, because in this market, protecting your principal and staying alive is more important than anything else.