Just looking back at what went down in late February and honestly, it was brutal. Bitcoin tanked over 6% in a single day, dropping toward $60K while Ethereum got hammered even worse, falling nearly 10% to around $1,800. The thing is, it wasn't just one thing causing this mess. You had the Israel-Iran geopolitical situation hitting markets all at once, which spooked risk assets across the board. Crypto trades 24/7 so it felt the impact immediately. On top of that, inflation data came in hotter than expected, which killed hopes for quick rate cuts from the Fed. When you combine geopolitical shock with that kind of macro pressure, you get panic selling. Spot Bitcoin ETF inflows dried up too - AUM dropped by over $24 billion that month. Then the liquidations started cascading. Over $88 million in leveraged long positions got wiped out in hours, which just accelerated the downside. $60K was a key support level, and once it started cracking, everything unraveled. That's why crypto crashes sometimes - it's rarely just one reason. It's usually a perfect storm of fear, weak institutional demand, and forced selling all hitting at once.