How much longer will crypto keep falling? Honestly, nobody knows. But there are three things you need to see clearly.
$BTC is hovering around 74,000 right now, and $ETH , Ethereum, is just above 2,100. The Fear and Greed Index has plunged from 50 to 25, entering “extreme fear” territory. Over the past week, U.S. Bitcoin ETFs saw $1.28 billion in outflows, 210,000 traders were liquidated, and $1.1 billion in leveraged positions was wiped out—90% of them longs.
The reasons for the decline aren’t coming from crypto itself. Tech stocks were hit as enthusiasm for AI trading cooled, with the Nasdaq falling more than 5% in a week. As risk appetite fades, crypto gets caught in the crossfire. Even worse is the cascade of liquidations: when prices rise, everyone thinks they’re a genius; when they fall, the platforms “force-close” your positions, leaving you no chance to wait for a rebound. Whales have turned bearish too, with short exposure at its highest level since last October.
There’s one key level: around 74,000. Some analysts warn that if this level is decisively lost, prices could quickly plunge another 10% to 11%. Institutions are wildly divided: Standard Chartered says the bottom is already in, Galaxy says 40,000 is the “real bottom,” and Benjamin Cowen says Bitcoin could fall to 58,000 if the Nasdaq keeps dropping.
So how much longer will it fall? No one can give you a date. But one thing is certain: until the leverage has been flushed out, the bottom isn’t really the bottom. Don’t rush to catch a falling knife. Waiting for liquidations to subside and ETF outflows to stop is a thousand times more reliable than guessing price levels. #黄仁勋因婚外情致歉，英伟达启动独立调查 #CPI前瞻，12月利率走向迎关键考验 #AI芯片股重挫纳指周跌3.4% #新人宝典：从零了解TradFi
$BTC is hovering around 74,000 right now, and $ETH , Ethereum, is just above 2,100. The Fear and Greed Index has plunged from 50 to 25, entering “extreme fear” territory. Over the past week, U.S. Bitcoin ETFs saw $1.28 billion in outflows, 210,000 traders were liquidated, and $1.1 billion in leveraged positions was wiped out—90% of them longs.
The reasons for the decline aren’t coming from crypto itself. Tech stocks were hit as enthusiasm for AI trading cooled, with the Nasdaq falling more than 5% in a week. As risk appetite fades, crypto gets caught in the crossfire. Even worse is the cascade of liquidations: when prices rise, everyone thinks they’re a genius; when they fall, the platforms “force-close” your positions, leaving you no chance to wait for a rebound. Whales have turned bearish too, with short exposure at its highest level since last October.
There’s one key level: around 74,000. Some analysts warn that if this level is decisively lost, prices could quickly plunge another 10% to 11%. Institutions are wildly divided: Standard Chartered says the bottom is already in, Galaxy says 40,000 is the “real bottom,” and Benjamin Cowen says Bitcoin could fall to 58,000 if the Nasdaq keeps dropping.
So how much longer will it fall? No one can give you a date. But one thing is certain: until the leverage has been flushed out, the bottom isn’t really the bottom. Don’t rush to catch a falling knife. Waiting for liquidations to subside and ETF outflows to stop is a thousand times more reliable than guessing price levels. #黄仁勋因婚外情致歉，英伟达启动独立调查 #CPI前瞻，12月利率走向迎关键考验 #AI芯片股重挫纳指周跌3.4% #新人宝典：从零了解TradFi
