Bitcoin drops below $110,000, market enters a critical turning point
Recently, Bitcoin has again dropped below $110,000, and ETH, Solana, and most altcoins have also seen significant pullbacks. So, what does this wave of market volatility mean? What is the future trend of crypto assets?
1. Market status: Key support lost, panic sentiment rises
Main cryptocurrency trends
Bitcoin: Dropped below the $110,000 mark, reaching a low of $108,631
Ethereum: Fell below $4000, hitting a low of $3815
Solana: Dropped to $191
Altcoins: Comprehensive pullback, continuing a broad decline trend
Market liquidation situation (Coinglass data)
Total liquidation amount across the network in 24 hours: $1.191 billion