🚀In the past 24 hours, the cryptocurrency market has dropped by 1.78%, with the market cap falling to $2.62 trillion. The reduction of corporate debt and increasing uncertainty in the macroeconomy have led to a correlation of up to 67% with the S&P 500 index, indicating that both are quite sensitive to interest rates.


1. Main reasons: Large corporate sell-offs and signals from the Federal Reserve indicating a tightening monetary policy have triggered a wave of risk aversion.


2. Secondary reasons: Significant declines in Ethereum and Layer 1 tokens have exacerbated the downtrend, while widespread panic has hindered buying.


3. Short-term market outlook: The market is at a critical technical moment, and the closing prices in the coming days will determine the short-term trend. Key upcoming dynamics include the next policy statement from the Federal Reserve and the weekly ETF fund flow report.


💥 Liquidation alert:

In the past 24 hours, a total of 165,781 people across the network have been liquidated, with a total liquidation amount of $516 million, long position liquidations amounting to $373 million, and short position liquidations amounting to $144 million.


图片


📊 Mainstream coin performances:


1.Bitcoin (BTC): Price around 77415, 24h change -1.54%


Bitcoin today focuses on 77300, stabilizing here for 1 hour is necessary for a rebound, if it goes up, key pressure points to pay attention to are 79370, 81460, 83110.


If the rebound can't even surpass 77300, it indicates the strength is too weak, and we need to look down for support, pay attention to 75520, 74510, 73540.


图片


2.Ethereum (ETH): Price around 2301, 24h change -6.51%


Ethereum today focuses on 2287, stabilizing is necessary to initiate a 1-hour level rebound, with upward pressure looking at 2380, 2460, 2550 nearby.


If it can't even rush above 2307 today, the rebound might lack strength, next pay attention to these supports at 2201, 2110, 2035.


图片


3.BNB: Price around 764, 24h change -2.61%


BNB today focuses on 765, stabilizing for 1-2 hours is necessary for a rebound, if it goes up, pressure looks at 784, 805, 821.


If it can't stabilize above 765, it indicates a lack of rebound strength, next pay attention to 742, 730, 720 for support.


图片


4.SOL: Price around 102, 24h change -2.42%


SOL today focuses on 103, stabilizing here for 1-2 hours is necessary for a rebound, with upward pressure looking at 106, 109, 114 nearby.


If it can't even surpass 103, then the rebound might be weak, next pay attention to 99, 95, 93 for support.


图片


🌡️ Market sentiment:


Today, the total market capitalization of cryptocurrencies is approximately $2.70 trillion, and the total trading volume over 24 hours is approximately $160 billion.


Current market sentiment is 13 (extreme fear), the current market sentiment is low, at the 'extreme panic' level. Panic sentiment on social media and data from the derivatives market confirm the forced liquidation of leveraged positions. The low panic and greed index, negative financing rates, and high liquidation rates usually indicate that selling pressure continues to exist.


图片

Today's cryptocurrency rise and fall rankings 🔥


📈 Top 3 gains:


1.QKC: Price $0.004267, 24h change +21%


2.GAS: Price $2.003, 24h change +18%


3.ZK: Price $0.03046, 24h change +16%


📉 Top 3 losses:


1.ZKP: Price $0.0901, 24h change -37%


2.C98: Price $0.0194, 24h change -21%


3.SYN: Price $0.0786, 24h change -20%


✨ Other mainstream coin performances:


Dogecoin (DOGE): Price $0.10534, hourly change +0.52%


Tron (TRX): Price $0.2844, 24h change +0.56%


Cardano (ADA): Price $0.2914, 24h change -1.19%


Hyperliquid (HYPE): Price $31.309, 24h change -1.73%


Avalanche (AVAX): Price $10.08, 24h change -0.88%


Stellar (XLM): Price $0.1775, 24h change -1.61%


Sui (SUI): Price $1.1217, 24h change -2.90%


Chainlink (LINK): Price $9.57, 24h change -4.49%


Hedera (HBAR): Price $0.08992, 24h change -2.73%


Bitcoin Cash (BCH): Price $522.1, 24h change +1.36%


Shiba Inu (SHIB): Price $0.00000678, 24h change -0.15%


Litecoin (LTC): Price $59.37, 24h change -0.13%


Pepe hiba Inu (PEPE): Price $0.00000421, 24h change +0.96%


Toncoin (TON): Price $1.346, 24h change +0.30%#BTC何时反弹? #加密市场回调