The cryptocurrency market is grappling with a turbulent week, driven by geopolitical tensions and unexpected economic shifts that have triggered widespread sell-offs. Over $20 billion in liquidations on centralized exchanges alone highlight the market’s vulnerability as traders attempt to navigate this volatile environment. Analysts suggest a cautious approach while awaiting further insights into potential short-term moves within the crypto market. This downturn, sparked by geopolitical tensions and unexpected economic developments, has prompted a significant shift in investor sentiment. Bitcoin and other major altcoins have continued their downward trend with open interest declining across all markets. The situation is further compounded by heightened risk aversion as traders hold off on opening new positions due to the uncertain market environment. 24-hour crypto market liquidations reveal cascading effects of leveraged trading, highlighting potential opportunities for downside exploitation, especially at key levels in Bitcoin.