Рекордные ликвидации: краткосрочные колебания не повредят бычьему тренду криптовалют Translation: Record Liquidations: Short-Term Volatility Will Not Harm the Bull Trend of Cryptocurrency

A recent crash in the cryptocurrency market will not impact the long-term bullish trend, according to Matt Hougan, the Chief Investment Officer at Bitwise.

He stated that the decline was triggered by cascading liquidations rather than underlying fundamental issues.

The sharp movement was initiated following Donald Trump’s announcement of a potential imposition of 100% tariffs on Chinese goods. Traders reacted to this news by selling off in the cryptocurrency market, as stock exchanges were closed.

Bitcoin’s price dropped by 15%, while some altcoins, such as Solana, saw a temporary decline of around 40%. This drop led to automatic liquidations of leveraged traders’ positions, further exacerbating the downward trend. The total liquidation amount approached $20 billion, although the market quickly rebounded.

Hougan believes the event did not have significant consequences. He outlined three key factors for assessing the situation:

In Hougan’s view, the fundamental drivers of growth—regulation, institutional capital influx, and technological adoption—remain intact. He anticipates that after a brief period of volatility, the bullish market will continue.

Additionally, trader Peter Brandt has stated that Bitcoin’s price will exceed $125,000 after another drop.

K33’s Head of Research, Vetle Lunde, considers the decline in digital gold’s price to be an excellent entry opportunity into the market.