#加密市场回调 Bitcoin: Over the weekend, it attempted to breach the $80,000 mark twice but failed. In the early hours of Monday, it dropped to $77,800 alongside the US stock market, forming a double bottom pattern on the daily chart.

Ethereum: The flash crash in the early hours of Saturday made $1,537 the dividing line between bulls and bears. This position is not only the support level of the 30-day moving average but also the critical point for the liquidation of $560 million in leveraged positions across the network. Currently, the weak rebound at $1,620 shows signs of fatigue; if it cannot recover the $1,680 mark within 24 hours, it may trigger a second bottom test. #Crypto market correction

Altcoin market: The funding rate for Binance perpetual contracts hit a three-month low, and the depth of OKX altcoin trading pairs plummeted by 43%, reminiscent of the liquidity exhaustion scene before the March 12, 2020 crash.