Crypto Experts Warn: Big Market Drop May Not Be Over Yet

The crypto market is facing a lot of uncertainty right now, and analysts are urging investors to be careful. A well-known figure in the crypto space, known as “Capo of Crypto,” recently warned that the recent price drop might only be the start of something bigger.

Capo, who accurately predicted the major crash back in 2022, shared on October 11 that we might be in a “pre-black swan event” — a term used for rare, unexpected events that shake the market. He pointed out that many altcoins have already seen heavy losses, but some big-name projects still haven’t fully gone through their crash phase.

Other Analysts Share the Same Concerns

Even though Bitcoin (BTC) is still holding above $100,000 — trading at around $112,467 — Capo believes we could see a more serious price correction soon. He thinks Bitcoin could fall to somewhere between $60,000 and $70,000. That’s a big drop and suggests that the market still has a lot of risk.

Other experts agree. Popular analyst Michaël van de Poppe said that if Bitcoin drops below $95,000, it could trigger a wave of panic selling. However, some investors see these low prices as a good chance to buy in for the long term, expecting prices to bounce back eventually.

Global Events Add More Pressure

This warning came shortly after a major announcement from former U.S. President Donald Trump. He said he plans to introduce a 100% tariff on Chinese imports. This caused global markets to react strongly, with many investors moving away from risky assets like crypto.

As a result, Bitcoin futures dropped to $102,000, and spot prices briefly dipped under $110,000. Major altcoins like Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) also fell sharply — losing between 15% and 30% of their value.

According to data from CoinGlass, over $7 billion worth of leveraged long positions were wiped out in just a few hours.

What’s Causing All This?

There are two main reasons for the current crypto sell-off: fear of another trade war between the U.S. and China, and general uncertainty in the global economy. Trump posted on his Truth Social platform that China is planning to restrict exports of nearly all products starting in November 2025. This adds to fears of worsening trade relations and market instability.

History shows that major market crashes — or “black swan” events — can sometimes lead to strong growth later on. But for now, the mix of economic concerns and investor fear means it’s smart to stay cautious.

Key Takeaways:
– Bitcoin may fall further despite staying above $100K.
– Altcoins have already taken big hits; more pain might be coming.
– Trump’s tariff announcement is causing global market stress.
– Over $7 billion in crypto positions were liquidated quickly.
– Investors should be careful due to ongoing uncertainty.

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