Thread by @InvestWithD

🚨CRYPTO PULLBACK AFTER BITCOIN’S $124K ATH — WHAT’S REALLY GOING ON 🚨

Markets woke up red after smashing new highs yesterday.

BTC, ETH, XRP — all in the red.

Here’s exactly why it happened & what’s next 🧵👇

1️⃣ THE BIG PICTURE

Yesterday: BTC hit $124,000 — a new all-time high. 🎉

Today:
📉 BTC –4.19%
📉 ETH –2.80%
📉 XRP –5.41%
📉 XLM -6.22%

So… why the sudden dip after a historic high?

2️⃣ REASON #1 — PROFIT-TAKING + LIQUIDATIONS 💰

ATH = early buyers cashing out.

That selling + heavy leverage in futures = liquidation cascade.

Liquidations trigger more selling → sharp, fast drops.

3️⃣ REASON #2 — MACRO SHOCK 📊

This morning’s US PPI inflation → 🔥 Hotter than expected:

+0.9% vs 0.2% forecast
3.3% YoY — highest since Feb

Hot inflation → Fed less likely to cut rates → risk assets (crypto included) take a hit.

4️⃣ REASON #3 — PSYCHOLOGY & OVEREXTENSION 🧠

BTC just ran from <$100K to $124K in a sprint.

Momentum traders + algos front-run reversals at extremes.

ATH zones = high risk of quick but short-lived pullbacks — even without bad news.

5️⃣ KEY LEVELS TO WATCH 🔎

BTC:
💠 $115K–$116K → first big support
💠 $110K–$112K → deeper test zone

ETH:
💠 ETH/BTC strength = could hold better if BTC dips more

XRP:
💠 $3.00 = key psychological support

6️⃣ WHAT’S NEXT? ⏳

BTC holds $115K+ in next 48h → healthy reset before another leg to $130K+.

Break $110K → deeper correction before bulls step back in.

Next macro catalyst: CPI next week.

7️⃣ FINAL TAKE 🧠

This isn’t a bull cycle ending — it’s a textbook bull market pullback.

ATH → profit-taking → reset → continuation.

Stay zoomed out, manage risk, and don’t get shaken out on a red day.

💬 Are you buying this dip or waiting for deeper levels?

#Bitcoin #Crypto #BTC #ETH #XRP