$ETH $BTC
The crypto duo encounters a chill: BTC falls below 95,000, ETH defends the 3,000 USD line
Recently, the chill in the crypto market has intensified, with BTC and ETH, the core assets, both facing pressure and trending downwards. Bitcoin has plunged from a high of 126,000 USD, breaking below the 95,000 mark in mid-November, reaching a low of 92,900 USD, erasing all gains for the year and officially entering a technical bear market.
Ethereum, while also facing a correction with a weekly drop of 7.5%, has shown strong resilience at the 3,000 USD mark—quickly rebounding after hitting a low of 3,047 USD, supported by ETF inflows and institutional buying, temporarily holding the key line. Current market signals indicate a clear retreat of capital, with BTC facing a test at the 92,000 mark, while ETH is engaged in intense battles in the 3,000-3,200 USD range, making short-term fluctuations difficult to change. In the long term, the fate of the crypto duo still depends on three major variables: changes in the global liquidity environment, clarification of the regulatory framework, and the advancement of institutionalization and compliance.
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