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BTC falls below 64k, now at 63.3k (-3.5%); ETH also drops nearly 4% to 1880. Major altcoins broadly tumble: XRP and SOL drop more than 4%, while ADA plunges 6.7%.
Total liquidations across the market reach $686 million, with long positions accounting for nearly 80%, and more than 160k traders are liquidated.
Macro pressure: The Fed’s rate decision is imminent, alongside South Korean stock market circuit breakers and heightened geopolitical tensions, putting pressure on risk assets. Flows are skewed bearish: spot BTC ETFs saw a net outflow of $11.64 million yesterday, and BlackRock’s transfer of 271 million triggered speculation of sell-off pressure.
The fear index falls to 29 (fear zone). Lido launches a major upgrade, and Arthur Hayes increases his ETH holdings against the trend.
In the short term, watch the 62k support and the outcome of the rate decision. #GateCard消费返现最高8% $ETH