This time the sharp BTC drop was essentially caused by a combination of macro risk + leverage liquidation: inflation expectations rose, U.S. Treasury yields went up, the Fed turned more hawkish, and risk assets fell first. After BTC broke through a key level, it also triggered massive long order stop-losses and liquidations, ultimately resulting in an accelerated selloff."
Also, what’s relatively critical in the market right now is the area around 80,000. If this region can be held, it’s more like consolidation after a deep pullback; if it continues to break down effectively, you need to guard against further downside probing. This level is an observation point for the market—not a confirmed bottom.
Also, what’s relatively critical in the market right now is the area around 80,000. If this region can be held, it’s more like consolidation after a deep pullback; if it continues to break down effectively, you need to guard against further downside probing. This level is an observation point for the market—not a confirmed bottom.
