$74,500 Support Broken! BTC Plunges Late at Night, Nearly 100k Investors Forced to Liquidate

Last night, geopolitical tensions took a sudden turn. Bitcoin sank immediately at the open. The U.S. military attacked southern Iran, the White House denied any deal, and BTC sharply plunged, breaking below $74,500. Across the whole network, liquidations totaled $407 million, forcing nearly 100,000 people to close their positions.
The market was like a panicked zoo: funds rapidly fled, and sentiment swung wildly. Technically, $74,500 is a key support level. If it breaks, it could trigger a chain of downward moves in the short term. But past experience shows that after every late-night plunge, there is often an opportunity to rebound.
Strategy advice: for conservative investors, continue to hold positions and wait patiently for sentiment to settle; for aggressive traders, you may build positions at lower levels, but you must control your position size to avoid being “scared out” by the market.