In the past 24 hours, Bitcoin has dropped from the 110,000 USD mark to 107,320 USD, evaporating thousands of dollars in gains within a few trading days, triggering a surge in market alertness.
Although the latest US CPI inflation data is slightly below expectations, and trade negotiations with China have released some positive signals, providing Bitcoin with brief upward momentum, geopolitical uncertainties from the Middle East quickly seized market dominance—especially Iran's radical statements and the US military's regional strategic adjustments have pushed the market back into risk-averse selling pressure.
🔍 Technical storm: Bitcoin has lost the 107,800 level, is the short-term rebound coming to an end?
According to renowned cryptocurrency analyst Ali Martinez, Bitcoin is currently facing a critical technical support level—107,800 USD. If it cannot hold this position, the next target may be approaching the 107,000 USD level.
Martinez emphasizes that BTC needs to regain the 108,300 USD level to restart the short-term bullish trend; otherwise, a deep pullback may occur, triggering broader market panic.
⚔️ Altcoins drop over 4%+: Popular coins like POPCAT and WIF may face a 30%-50% correction?
Altcoins are generally weakening today, with an average drop of about 4%. Renowned analyst AltcoinSherpa warns that popular coins like WIF and POPCAT may have formed a temporary peak, and if Bitcoin fails to break the current resistance level, they could face corrections of up to 30%-50%.
For example, the current price of POPCAT is 0.34 USD. If BTC continues to show weakness, it will inevitably trigger an accelerated decline in the altcoin market.
🧠 Opinion reminder: On the edge of a bear market, hot coins are often the last emotional outlet for a peak, and once Bitcoin's trend weakens, these coins will expose their vulnerabilities first.
🌐 Macro observation: Trade and inflation are stabilizing, is there still hope for a crypto summer rebound?
From a macro perspective, the market is not entirely filled with pessimistic signals. The latest news indicates:
US-China tariff negotiations are stabilizing, and agreement terms are expected to be reached before July;
The EU trade proposal is also entering the final stages;
Countries like India and Japan are also nearing the signing of crypto-friendly agreements.
This series of actions suggests: Geopolitical friction is being digested, macro pressures are easing, and the crypto market may be preparing for a summer rally adjustment.
💵 Stablecoins are becoming the invisible main character: The eve of an on-chain financial explosion?
While many investors are only focused on BTC/ETH prices, stablecoins have quietly achieved a historic breakthrough:
The total supply of stablecoins has surpassed 250 billion USD for the first time;
The market value of Circle has rapidly surpassed 30 billion USD;
The Plasma network under Tether raised over 500 million USD in 5 minutes;
The adoption of stablecoins is becoming a bridge for the circulation of digital assets globally.
Stablecoins are not just an alternative to 'dollar-pegged' assets, but a realistic pathway for global users to bypass fiat systems and access on-chain finance.
Analysts like Patrick Scott believe that 2025 will mark the starting point of an 'application-driven' crypto cycle, with stablecoins playing a foundational role.
🧠 Blogger's opinion summary: Don't just focus on how much prices drop, this may be a necessary path before the next surge.
This round of decline may not be the end but a phase of cleansing:
Market sentiment is nearing panic, which is the golden window for reallocation of assets;
If BTC holds the 107K level and quickly rebounds, it will restart the summer rally;
Stablecoins, tokenized assets, and on-chain finance are becoming the framework for the 'next bull market'.
📌 The future of the crypto market relies not only on price breakthroughs but also on structural growth.
Bitcoin provides a channel to leave the traditional system, while stablecoins are quietly paving a 'high-speed link' for global finance.