#MarketMeltdown Market snapshot & technical levels
Bitcoin (BTC) is trading near $113,600 (down ~1–2%) and testing support in the $114K–$115K zone. Breach of this could expose downside toward $111K–$112K .
Ethereum (ETH) has dropped ~3–5% to around $3,440–3,500, and is testing key support at $3,480. A break below may trigger deeper correction toward $3,100 .
Other altcoins (XRP, SOL, DOGE, BNB) have also declined sharply, with XRP down 6–7%, SOL off 6–8%, DOGE falling ~3–4%, and BNB down ~3% .
The total crypto market cap is estimated around $3.66–3.75 trillion, down roughly 1–3% over the past 24 hours .
---
🧭 What it means and what to watch
Some analysts consider the current dip a "healthy reset" after recent overbought conditions.
Crucial support levels: BTC near $114K–$115K, ETH near $3,480, and total market around $3.7T–$3.8T.
If these levels hold, a bounce may be possible; if they crack, deeper correction toward $3.6T or more is possible.
