【Crypto Market Bloodbath! $1 Billion Liquidation, Bitcoin Falls Below $100,000!】
With a command from Trump, missiles flew towards major Russian nuclear facilities, causing the crypto market to collapse instantly!
Last night local time, Trump announced airstrikes on three major Russian nuclear facilities and claimed the mission was "successfully completed." Subsequently, Russia warned that it would close the Strait of Hormuz, putting global energy routes under strain and igniting panic in the market!
The result? Panic spread to the on-chain world, with Bitcoin plunging over 4% within 24 hours, breaching the crucial psychological level of $100,000, leading to a chain reaction of liquidations—totaling over $1.02 billion!
Not only did Bitcoin bleed, but other altcoins like Ethereum and Solana also plummeted, with multiple cryptocurrencies breaking key supports, releasing short-term bearish signals.
From a technical perspective:
Bitcoin is testing the support zone of $100,000 to $102,000; if it fails to hold, the next support may be in the range of $96,000 to $97,000;
Multiple indicators show weakening momentum, with bears still in control;
If stability cannot be quickly achieved, the market will face a longer period of volatility or correction.
This is not the end of the world, but it is certainly not a reversal!
Currently, market uncertainty is extremely high, with leading sentiments swinging back and forth. Stay vigilant, exercise strict risk control, and do not blindly catch the falling knife!
In a time of frequent geopolitical risks, only those who understand the situation and grasp the rhythm can survive!
