In the past week, the overall atmosphere in the cryptocurrency market has been sluggish, with the market capitalization evaporating by over $1 trillion. Bitcoin (BTC) plummeted from a high of $126,000 in early October to around $85,000, erasing its gains for the year. The Fear & Greed Index fell to a level of 11, indicating 'extreme fear'.
Mainstream cryptocurrencies saw a broad decline, with ETH dropping to $2,800 and SOL falling to $131. Over the past 24 hours, liquidations exceeded $1.7 billion, leading to significant losses for bulls.
Institutional outflows have intensified, with a net outflow of $900 million from BTC ETFs in a single day, and ETH ETFs experiencing outflows for 10 consecutive days.
Macroeconomic factors, including hawkish comments from the Federal Reserve, a pullback in U.S. tech stocks, and tariff threats from Trump, have triggered a sell-off of risk assets.
However, some analysts view this as a 'washout' opportunity, predicting that BTC will rebound to above $100,000 by the end of the year.
The market has been declining steadily. Let's observe for a while; I think it has stopped falling. The important thing is whether the big investors and everyone else think the same! It's appropriate to buy the dip!!
In 1999, I was $1,000,000 in debt. What should I do? I don't want to just fall down like this. It's so painful 😣 But actually, I can break even quickly, just 50 payments of $20,000. Good luck!
99 years of bravely entering the cryptocurrency circle, lost over 300,000, with debts around 1,000,000, and still have 20,000 books, is there still a chance to turn 20,000 into 2,000,000?
I really can't stand this old coin anymore.. Seeing that K-line makes me want to short it, and every two minutes it pulls back -600%. Is this what they call playing with a few random fruits... Can you please laugh a little lighter?😟$ALCH