๐ฐ Crypto News & Market Update โ [Time UTC+6: 14:00]
๐ช Bitcoin (BTC):
Current Price: ~$107,000 (approx)
24h Change: ~ โ1% (approx)
๐ง Analysis: Bitcoin slipped below the $108 K level as selling pressure persists, with key support zones in the $100 Kโ$108 K range becoming more critical.
๐ Ethereum (ETH):
Current Price: Data not specified (but showing broad weakness)
24h Change: Down several percent
๐ Analysis: Echoing Bitcoin, Ethereum is under pressure amid broader market risk-aversion and structural headwinds. Turning points are awaited around its key support levels.
๐ Market Overview:
Total Market Cap: Approximately ~$3.7 trillion to $3.8 trillion
24h Trading Volume: Elevated with increased liquidation activity
Market Trend: Bearish / Volatile
Highlights: Analysts note a possible major breakdown toward $100 K if current support fails.
๐ Top Gainers (Last 24h):
Data for meaningful large-cap gainers not clearly specified; smaller tokens may show isolated strength.
๐ Top Losers (Last 24h):
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Broad alt-coin weakness across risk assets
๐งฉ Crypto News Highlights:
The Bitcoin crash below $106 K was triggered by forced liquidations and weaker macro/risk sentiment.
ETF outflows and institutional rotation are adding to the pressure, with signs that the โbull trendโ is entering a correction phase.
Despite the fall, analysts such as AlexโฏThorn of GalaxyโฏDigital believe the structural bull market remains intact, though near-term is fragile.
๐ฎ Expert Outlook:
If BTC fails to hold support near $100 Kโ$108 K, a deeper correction toward $90 Kโ$100 K could play out; however, stabilization above those levels may set the stage for a renewed rally.
