The $BTC /USDT chart is screaming high-octane volatility as Bitcoin plunges to $87,747.74, marking a sharp 1.32% drop that has wiped out recent gains in a brutal southward sprint. After hitting a 24-hour peak of $90,588.23, the price met a wall of resistance and collapsed through multiple support levels, fueled by a massive $1.23 billion trading volume that signals a fierce tug-of-war between exhausted bulls and aggressive bears. With the 15-minute candles painting a grim picture of lower highs and a desperate touch of the $87,614.79 low, the market is at a knife-edge crossroads: either this is a final "shakeout" before a massive rebound, or we are witnessing the start of a deeper correction that could send shockwaves through the entire crypto ecosystem.
Would you like me to analyze the support and resistance levels to see where the price might stabilize next?
