• DegenDen
  • Posts
  • Is This the Worst Sell-Off Ever?

Is This the Worst Sell-Off Ever?

This week's Crypto Carnage

In partnership with

Alright, Degens—this one hurt. 😬

If you checked your portfolio this weekend and immediately felt the urge to go touch grass…you’re not alone.

The crypto market just got absolutely nuked, with over $2.3B in liquidations (some estimates even go as high as $10B). People are out here calling this worse than FTX, worse than Terra Luna, and—dare we say it—even worse than the infamous 2020 COVID crash.

So, what the hell happened?

Let’s break it down 👇

Our friends Analytica Investor, wants to share with you something:

Why Savvy Investors Are Switching From Meme Coins

As the hype around meme coins fizzles, forward-thinking traders are seeking real utility in digital asset markets. DeFi Technologies Inc. (US: DEFTF & CAD: DEFI.NE) offers regulated exchange traded products designed to deliver greater transparency and security in a rapidly evolving blockchain environment. Explore how robust strategies and proven infrastructure can shape the future of your portfolio.

Ok fr let’s go!

💀 The Biggest Bloodbath Since FTX?

  • Bitcoin dipped below $98K (after peaking at $109K just weeks ago).

  • Trump’s tariffs + market panic = recipe for disaster.

  • AI tokens got absolutely clapped after DeepSeek’s debut (NEAR, ICP, and RNDR down 8-10%).

  • Retail investors panic-dumped $625M worth of Bitcoin to Binance, while whales just sat back and watched.

If you’re feeling a little betrayed, don’t worry—you’re not alone. The Crypto Fear & Greed Index went from a greedy 72 to a confused 54 overnight.

But wait… was this really the worst crash ever?

Some crypto influencers are calling this the worst dump in history. Worse than FTX, Luna, or even COVID’s 50% crash in a day.

Here’s the thing though…history says we’ve seen this before 👇

🚀 The Bull Run Plot Twist

You know that moment in every action movie when the hero is on the ropes? The villain’s monologuing, the odds look impossible, and then—BOOM—some last-minute power-up flips the script.

Yeah. That’s us right now.

The market took a beating, the weak hands are folding, and the fear index is flashing. But if history’s taught us anything, this is the moment where the real players double down. The ones who don’t panic, don’t flinch—just reload.

The data is actually super bullish if you zoom out:

  • Bitcoin’s ‘MVRV Z-Score’ (which tracks whether BTC is over- or under-valued) is flashing BUY SIGNALS—same as previous bull run dips.

  • Altcoin season hasn’t even started yet. Bitcoin dominance is still climbing, which historically means we’re nowhere near the cycle top.

  • Smart money (whales) isn’t selling. Retail is panic-dumping, but whales? They’re just chilling.

So yeah, things look brutal now, but if we follow history, this could just be the final shakeout before the real fireworks.

📉 Bitcoin’s Bumpy Ride: What’s Next?

Everyone’s asking: How low can we go?

Worst-case scenario: We see $88K if BTC loses its 50-day moving average. That’s the neckline of a double-top pattern, which traders love to call bearish AF.

Best-case scenario: Bitcoin bounces back above $100K like nothing happened. Some analysts even say we’re undervalued by $50K-$100K (big words).

Either way, expect stupid volatility for the next few weeks.

Here’s the thing—crypto’s got a lot of moving parts this cycle (cough Trump cough), so sometimes the market feels like it’s just vibing with no logic.

A lot of traders are absolutely lost right now. One even said:

"The market is cooked. It’s lost all rhyme or reason."

Some guy probably

We’ve got Trump pushing pro-crypto moves, yet the market keeps dipping. Bitcoin dominance is at cycle highs, but altcoins haven’t pumped yet. All-time highs were just hit, yet people think the cycle is over.

If you’re confused—you’re not alone.

But just remember: bull runs don’t die at neutral sentiment. We haven’t even seen altcoin mania yet.

Alright, let’s cue the comeback montage. The sell-off was brutal, but the story’s not over. Every cycle has its shakeouts, and every shakeout leaves behind only the ones who actually make it to the finish line.

So take a deep breath, zoom out, and get ready. Because the next move? It’s gonna be big.

📢 1…2…3… We ride. 🚀

We just witnessed one of the biggest shakeouts in crypto history. But guess what? We’re still here.

Bitcoin is already rebounding. Whales aren’t selling. Altcoin season is still ahead. The fundamentals haven’t changed.

You giving up now? Couldn’t be us.

See you degens at the top. 🚀

- The DegenDen Team

📩 Got thoughts? Reply and let us know!

What did you think of today's email?

Your feedback helps us create better content for you!

Login or Subscribe to participate in polls.

Reply

or to participate.