Whispers and headlines also played a role:
Concerns over exchange liquidity
Rumors about regulatory actions
Large anonymous wallet movements
Miners selling more aggressively as profitability spiked
Even if the rumors aren’t true, they impact sentiment.
📊 5. Natural Market Structure: Nothing Goes Up Forever
A healthy bull market includes sharp corrections.
This drop:
Liquidates weak hands
Flushes excessive leverage
Resets funding rates
Allows for sustainable future growth
In previous cycles, 10–20% drops inside bullish trends were completely normal.
Today’s wick looks painful — but technically follows typical bull-market behavior.