Bullish Nightmare! Bitcoin falls below $94,000, over $890 million in funds vanish into thin air
The crypto market is experiencing a wave of severe adjustments. Bitcoin plummeted in the early hours, hitting a low of $93,955, with key support levels breached. Following this, the entire market turned red: ETH, SOL, Dogecoin, and other mainstream cryptocurrencies generally dropped over 2%.
The most severe impacts are reflected in the liquidation data: $1.066 billion evaporated within 24 hours, with 225,000 investors being forcibly liquidated. It is noteworthy that bulls suffered losses of up to $890 million, more than five times the scale of bears—this once again proves that blindly chasing after trends when they shift is the most dangerous game.
