The cryptocurrency market took a quite painful dip in the last 24 hours, with liquidations topping $700 million, according to CoinGlass. This was one of the biggest liquidation events of 2025, but in the midst of all this, TRON founder Justin Sun offered some advice, telling people to be strong and think about what might happen in the future.
According to Sun, there are exactly two solid ideas about how to deal with all the chaos on the market. First, he said it was a good time to buy the dip because in the long-term, the potential of cryptocurrencies is clear, even though there are short-term problems.
Buy the dip and focus on building! 2025 will be a great year!🤞
— H.E. Justin Sun 🍌 (@justinsuntron) January 13, 2025
Second, he said it is important to keep building the ecosystem, even when things are tough. His message was optimistic, saying that 2025 could still be the year things turn around and the market grows.
Bitcoin price recovers; Are we “so back?”
Bitcoin (BTC) led the decline, dropping to its lowest point in two months. While the cryptocurrency recovered to above $93,000, the overall market was still under pressure. Altcoins suffered big losses, with smaller-cap assets accounting for most of the liquidations.
All eyes are now on whether the price of Bitcoin will restore to the $97,500 area, which may serve as a pivot for the leading cryptocurrency. If we reclaim above that, the next aim may be an all-time high. And of course, healthy BTC will trigger positive momentum across the broader market.
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