The cryptocurrency market continued its bearish trend today, with Bitcoin falling to $66,000, ETH falling below $3,500, altcoins also following suit, while UNI rose 5-8%.

The plunge caused $162 million in wealth to evaporate from cryptocurrency investors, and the amount of long liquidations reached $139 million. Funds flowed out of the derivatives market.

Bitcoin's bull market performance is called "water buffalo": the trend is similar to that of US stocks, and it cannot be driven by big positives, weaker than big tech stocks, and is affected by US macro data and the attitude of the Federal Reserve. BTC's trend is controlled by macro data and fluctuates and falls due to negative factors.

Currently, BTC is struggling around $69,000, testing the 50-day moving average. If it falls below $51,000, it will continue to fluctuate within the bull market flag.

3 potential cryptocurrencies worth paying attention to:

CHZ: Supports sports fan interaction platform Socios.com, and the price has risen recently.

AVAX: Avalanche, which supports decentralized applications and smart contracts, has recently shown resilience.

JUP: An early Solana-based swap aggregator, it has become a DeFi giant and has recently performed beyond expectations#BTC☀ #ETH🔥🔥🔥🔥🔥🔥

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