The crypto market is undergoing a significant correction, with Bitcoin ($BTC ) falling below $94,000 and wiping out its 2025 gains.1 This move places the market in "extreme fear" territory.

Key pressure points include a broad risk-off sentiment linked to US tech stock declines and persistent macroeconomic uncertainty regarding future Federal Reserve interest rates. Technical indicators show bearish signals, like the BTC "death cross."

Institutional demand, especially through ETFs, has slowed. However, on-chain data suggests this is a profit-taking phase rather than a full systemic capitulation. Long-term fundamentals, driven by blockchain adoption and regulatory clarity efforts, remain a potential counter-catalyst for future recovery.#BTC90kBreakingPoint