Cryptocurrency market crashes across the board: Bitcoin falls below $77k, Ethereum drops below $2,100

The sharp declines in $BTC and $ETH are well-founded; during previous crashes, many believed it was a bottom-fishing opportunity. Starting from the recent dip to 2,233, many thought the bottom was in and reversed to go long. Later, after falling below 2,200, the professor firmly led fans to cut losses and go short; then it hovered around 2,180, until this morning when it dropped to 2,084. People believed it had reached the bottom at each of these points. During these periods, many bulls entered the market, but in every crash, most of the bulls who entered earlier were liquidated. However, a careful analysis of funds, geopolitical factors, and technical signals shows a resonance that indicates a steady decline:

1. Fund aspect: Massive net outflows from ETFs, severe liquidation of bulls, and panic selling pressure.
2. Geopolitics: Expectations of escalating US-Iran conflict, Trump hinting at possible military action against Iran, causing global markets to shift to safe-haven mode, with Asian stocks and risk assets like cryptocurrencies experiencing widespread sell-offs.

3. Technical aspect: Key support levels broken, triggering chain liquidations. After Bitcoin broke below the critical support at 77,800, programmed sell orders and cascading liquidations were triggered. Failure to hold may lead to further decline toward 75,000.

Once the mainstream starts moving, the space is not smaller than altcoins. This wave of Ethereum and Bitcoin, the professor wants to see how many fans can follow to recover losses and turn profits. Everyone continues to short, aiming for steady gains. #加密市场下跌15万人爆仓