The worsening macroeconomic outlook has resulted in a crypto market crash to start the month of August.
Fed Chair Jerome Powell’s hawkish stance on Wednesday, the hot PCE inflation data on Thursday and Friday’s brutal jobs report have created a strong selling pressure on crypto passes, exacerbated by US President Trump’s new sweeping tariffs.
Bitcoin price fell below $113k on Friday, while altcoins fared much worse.
However, analysts suggest there is no need to panic-sell just yet. Large-cap crypto assets are approaching key support levels, which could present excellent buy-the-dip opportunities and result in a bounce back.
Investors can potentially even maximize their returns using leverage with proper risk-management strategies. For instance, opening a long position with 10x leverage at key support levels could result in attractive gains.
In the bearish scenario that crypto prices lose key support levels, investors can even open short positions to win both ways.
While trading with leverage often sounds scary, especially for small-scale retail investors, using beginner-friendly platforms like CoinFutures with proper risk-management strategies can result in lucrative profits.
Why Sidelined Investors Should Look To Buy The Dip?
Crypto prices have seen a sharp sell-off, but they are now approaching key support levels.
Prominent analyst Ali Martinez claims that he would happily buy Bitcoin at $107,000.
In fact, the bulls could find a strong support level at its previous all-time high of $112,000, with a strong on-chain support also at $111,600, data from CryptoQuant reveals.
Similarly, popular analyst Income Sharks highlights that BTC is nearing a bounce soon, will likely form a higher low before a strong bullish continuation to new highs.
He is also bullish on Ethereum, claiming that the $3,300 to $3,400 region is an excellent buy zone.
Similarly, the XRP price is nearing the key $2.83 support level and could see a strong bounce soon.
Despite macroeconomic uncertainty, legendary Wall Street investor and Fundstrat CEO Tom Lee has advised investors to buy the dip.
As such, the global liquidity continues to surge. Moreover, Friday’s poor jobs data means that the Federal Reserve could cut interest rates three times this year, a bullish scenario for crypto.
How To Use 10x Leverage On CoinFutures To Maximize Gains Despite Crypto Crash?
CoinFutures is a new crypto leverage and binary trading platform built for the current bull market cycle.
Designed with simplicity in mind, it removes the usual roadblocks associated with derivatives trading; no KYC, no funding rates, and no need to connect external wallets. Users can trade major assets like Bitcoin, Ethereum, and XRP, as well as trending meme coins, using up to 1000x leverage.
A real-time bust price calculator, auto mode, and stop-loss tools help manage risk.
With smart use of leverage, investors can look to maximize their gains.
Take Bitcoin, for example. BTC has a strong support zone around $112,000. Traders can watch how it reacts at this level. If it bounces with convincing volume, they could open up a 10x leverage long position.
However, proper risk management is essential to avoid catching a falling knife. A stop-loss at $111,600 would limit downside risk while still offering solid upside potential.
CoinFutures has excellent risk-management tools, including Close Bet and Take Profit features in the Auto Mode that automatically exit the position once predefined loss or profit levels are hit. This helps prevent emotional decision-making and protects gains in fast-moving markets.
On the contrary, traders could also opt for smaller 2x or 3x leverage, essentially a form of spot buying with higher upside and relatively low risk. This would allow them to buy BTC at $112k and again at $107k.
With CoinFutures, leverage trading unlocks opportunities in both rising and falling markets.
Take, for instance, XRP. The XRP price is approaching the key $2.83 support level. If it fails to hold at this level, experts believe it could fall to the $2.40 to $2.50 range. In this scenario, traders can open a 10x leverage short position and grab attractive returns.
Placing traders on CoinFutures is intuitive and straightforward, especially with no KYC requirements. Check out the entire process here.
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