📉 The market is under pressure — Bitcoin and Ethereum decline amid strong selling wave
📅 Date: August 20, 2025
The digital markets are experiencing a tough day, as major cryptocurrencies have declined amidst a sharp correction:
- Bitcoin (BTC) fell by 1.55% to $113,562, continuing its decline from its recent peak of $124,000
- Ethereum (ETH) dropped by 1.51% to $4,166, despite strong inflows into ETF funds
📌 Key reasons behind the drop:
- Over $500 million exited Bitcoin and Ethereum ETF funds in 3 days
- Anticipation of Jerome Powell's statements at the Jackson Hole conference, increasing caution in the market
- The fear and greed index shifts to the "fear" zone, recording the lowest trading sentiment since June
🔍 Technical indicators:
- Current support for Bitcoin at $113,000, with a risk of dropping towards $110,000 if pressures continue
- Ethereum faces resistance at $4,200, and may test $4,000 soon
> The market is in a correction, but long-term investors see this as an opportunity to rebuild.
📲 Follow channel #CryptoEmad for real-time analysis, trading opportunities, and smart strategies in real time.
