It hurts! BTC crashes through 95000, ETH drops to 3120: This is not a fall, it's the scene of a "cliff-like reversal" in the crypto market.

Last night's market decline was anything but ordinary. It was clearly a "cliff-like reversal" in the crypto space—BTC plummeted to 94500 and ETH stepped on 3120. This magnitude is not random fluctuation; it is a resonance strike created by macro signals.

Interestingly, the K-line has already hidden the next signal. Take BTC's 94500 for example: it looks like a collapse, but in reality, it's a "cleaning-style pullback"—the rebound in US Treasuries, the simultaneous fall of risk assets, and tightening liquidity indicate that the macro environment is not favorable, not that BTC itself is underperforming. Moreover, the surge in trading volume shows that it's not that there are no buyers during the decline; rather, large funds are quietly changing hands at low levels. The support level of 94500 has already become the "hand-over area" for the main force.

ETH's 3120 is not simple, there might be a second wave of action hidden behind this position.
#当前行情抄底还是观望？