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General Scenario: High Volatility and "Fear"
The day was marked by a strong downward trend, intensifying during the night. The market shifted from a state of "extreme fear" in the afternoon to a massive liquidation at night.
$1. Price Movement (Evolution)
Bitcoin (BTC): Opened the day under pressure, was at $76,850 at 4 PM and fell to the range of $73,000 - $75,000 at night. The critical support is now between $68k and $70k.
Ethereum (ETH): Suffered one of the largest declines among the major coins, dropping from $2,241 (4 PM) to test levels below $2,200 at night, accumulating nearly 10% loss on the day.
Altcoins (SOL, XRP, BNB): Followed the free fall trend, mirroring the pessimism in the tech sector.
2. Main Causes of the Decline
Liquidations: Over $620 million in investor positions were forcibly "liquidated" by exchanges due to the rapid price drop.
Economic Factors: High interest rates in the US and fiscal uncertainty drove investors away from risk assets. In contrast, gold hit historic highs (close to $5,000).
New Regulation: The enforcement of new tax and compliance rules today created an atmosphere of institutional uncertainty.
3. Conclusion and Next Steps
The market is testing important "floors" (supports). Immediate recovery depends on positive signals regarding US interest rates or a relief in global tensions. The prevailing sentiment is risk aversion.
