The market is going crazy

Oh my god, what happened in the last 12 hours with the crypto market, it's insane how it's crashed. Over $600 millions in leveraged positions have been wiped out impacting all the long traders. I have been listening to some of the regular podcasters and it's like crazy how people have been losing money over these trades. People are contemplating that the reason behind it is the Trump's tariff raised tensions with China, but can this be the only reason. There can be many factors but the point is that such a crash is hard to understand. BTC nicely touched 125K and everyone was hopeful that from here on BTC will see the next new high level and then this :-(

All the alt coins have been majorly impacted, some less and some carzy dips. Sui from 3.65 went down to .54, it was for some moments, but it must have taken out life from all those who must have had a trade in Sui. Solana again down by 50$ :-(, the one coin that I am always eager about because I am invested in it. So much of playing around in the market that it all feels so uncertain. From here will it still go down or this is it, god knows, because every time it moves up a little and then it sees a crash which is worst then the previous one.

Source

I do not think any analyst anticipated this fall, because since the last few days I have been listening to a few of them and everyone was bullish on the market. At the end of 2024 it was anticipated that 2025 is going to be the year where BTC will reach it's next new high and the peak of bull run will happen, but now it's almost end of the year and there are no such signs and now the same people are saying it's going to be 2026. For sure market is breaking up all the previous trends and creating new trends.

Anyways lets see what's going to happen next in the coming days. Anything can happen, the market is known for heavy crashes and heavy boost also.

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