【Cryptocurrency Market 24H Report】Battle for Key Support Level After Plunge
📉 Total market value evaporated by $188 billion in a single day
• Total cryptocurrency market value fell below the critical support of $3 trillion (currently reported at $2.95 trillion)
• BTC tests the death line at $87,041 (current price $89,907)
• Altcoins face a massacre: HYPE plummeted 17.5% to $19.16
🔥 Core Battlefield Interpretation
1. If BTC loses $87k, it may drop to $85k
2. If HYPE holds at $19.16, it may rebound to $23.2
3. $3 trillion becomes the critical threshold for market confidence recovery
💥 Breaking News
• OKX pays $504 million to settle with the U.S. Department of Justice
• MicroStrategy purchases an additional 20,356 BTC (stock price remains under pressure)
⚠ Warning Signals
BTC has continuously fallen below key trend lines, institutional buying has failed to boost the market, and tight liquidity may trigger a chain reaction. Currently, all rebounds need to be based on regaining a market value of $3 trillion; investors please fasten your seatbelts.