BTC falls below the $88,000 key level, market share remains stable during the adjustment

According to the latest news, BTC has broken below the 88,000 USDT psychological threshold, with the current price at 87,987.5 USDT. Although there is short-term pressure, market data shows that BTC’s market share and liquidity remain stable. This adjustment may be a normal technical correction in the market.

Short-term Price Pressure Is Evident

Comparison of declines across different periods

From the data, BTC’s correction is mainly concentrated within the past 7 days, indicating some selling pressure in the short term. However, it is worth noting that although the 7-day decline is 7.06%, the 30-day period still maintains positive returns, suggesting that the medium-term upward trend has not been completely broken.

Market significance of the 88,000 threshold

88,000 USD is a psychological integer threshold. The breakdown at this level may reflect profit-taking pressure in this area. But based on historical experience, such round-number thresholds often attract institutional buy interest; a short-term breach does not necessarily mean a deep correction.

Market Fundamentals Remain Stable

Market share and liquidity

• Market Cap: $1.77 trillion, accounting for 59.11% of the entire crypto market
• 24-hour trading volume: $18.15 billion
• Circulating supply ratio: 95.14% circulated, close to full dilution

BTC’s market share remains above 59%, indicating that the market’s recognition of its leading position is still stable. Although the 24-hour trading volume has decreased by 31.83% compared to the previous day, this more reflects a phase of reduced market participation rather than a liquidity crisis.

Short-term Trend Observation

Currently, BTC is experiencing a typical technical correction. The 0.23% decline over 1 hour shows that the downward speed has significantly slowed, which may indicate that selling pressure is gradually easing. If support can be found around 88,000, a rebound may follow. Conversely, if further breakdown occurs, the next key support level will be at a lower position.

Summary

Although BTC breaking below 88,000 may seem like a negative signal, the market’s fundamentals—market share, market cap, and liquidity—do not show signs of panic. This appears to be a normal technical correction rather than a systemic risk. The key going forward is to observe whether 88,000 can serve as a support point and whether trading volume can gently increase during the rebound.