#加密市场回调
📉 The crypto market is experiencing a significant pullback, with major currencies declining across the board:
Current market conditions:
• Bitcoin has dropped to $110,108, with a 24-hour decline of 1.33% 📊
• Ethereum has dropped to $4,412, with a 24-hour decline of 4.11% 🔻
• Solana has dropped to $187.74, with a 24-hour decline of 5.72% ⚡
• Overall market capitalization has fallen to $3.94 trillion, down 2.8% 💰
Technical analysis:
All major currencies' RSI are in the oversold region (below 30), indicating excessive short-term selling pressure. Bitcoin has broken below the key support level of $112,100, and Ethereum has lost the $4,500 support.
Market sentiment:
In the past 24 hours, the liquidation amount reached $935 million, with long positions accounting for 73%, indicating strong market panic 😰
Investment advice:
The current pullback is a technical adjustment; it is recommended to gradually accumulate quality currencies. Focus on Bitcoin in the $108,000-$110,000 range and Ethereum in the $4,200-$4,400 range as buying opportunities 🎯
