@$BTC ‌$ETH ‌Sudden massive sell-off! The entire crypto market is plunging—can you really buy the dip now? Explain the market logic in one go

Many people watching the chart panicked and started asking whether the crypto market has just seen a major internal negative catalyst. Actually, this drop has nothing to do with the cryptocurrencies themselves; the root cause lies entirely in global stock markets.

The culprit behind this round of sell-off is the coordinated collapse of the semiconductor sector. China’s AI leader Zhipu AI fell as much as 30% in a single day. Global tech stocks all weakened as well. The crypto market is only passively following the broader market sentiment—BTC is down just 2%, which is already relatively resilient compared with stock-market declines.

Many people are most concerned: has the market dropped enough? Is it a good time to buy the dip and position now?
For the short term, you can take a small position to bet on a rebound. The current market has already pulled back into a key strong support zone: Bitcoin support at 62.7 thousand, and Ethereum support at 1820–1830.

Looking back at past market behavior, the demand at these two price points has been very strong. After prices reach them, they will most likely produce a rebound of more than 2 percentage points. However, trading must be conservative: focus closely on the semiconductor sector trend—if stocks continue to weaken, it will keep dragging crypto prices down. Do not enter with a heavy position.