Technical analysis by paul_endeo about Symbol BTC on 3/7/2025

Another wild night in crypto was at the beginning of the week! 🌪️ Bitcoin took a sharp dive to $82,500 following Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The market reacted instantly, triggering over 1 1B in liquidations within 24 hours. 🔻 Key Liquidation Stats: 💀 $858M wiped from long positions 💀 $150M from shorts 💀 BTCUSDT & ETHUSDT led the crash with $372M & $200M liquidated The Fear & Greed Index now sits at 15 – extreme fear mode. 🔄 What’s Next? Just two days ago, BTC rallied to $95K after Trump hinted at a strategic digital asset reserve. Now, it’s struggling to hold $83,700. Volatility is off the charts, and traders are bracing for impact. 🚀 or 📉? 🔥 Top ATH Breakers: Some altcoins have hit new ATHs despite the chaos: 🚀 OMUSDT – $8.99 🚀 LEOUSDT – $10.05 🚀 FTNUSDT – $4.04 🚀 WBTUSDT – $31.28 🚀 IPUSDT – $7.31 ⚡️ Are you buying the dip or staying on the sidelines?