Is a catastrophic storm approaching? Bitcoin's lifeline is nearing, and altcoins may suffer a 50% bloodbath!
Bitcoin has plummeted to $107,320, just a step away from the $110,000 high, and is now fiercely defending the critical support at $107,800. Once breached, it may directly fall below $107,000, triggering a collapse of bullish positions and billions in liquidations!
Well-known analyst Ali Martinez warns: if BTC cannot reclaim $108,300, it will trigger a new round of declines. AltcoinSherpa bluntly states that if Bitcoin continues to fail to break its high, high-risk altcoins like WIF and POPCAT could plummet 30%-50%, leading to a bloodbath!
Market sentiment is swinging: on one side, there are geopolitical risks from the deteriorating situation in Iran and the accelerated withdrawal of U.S. troops, while on the other side, there are macro positives from easing U.S. inflation and thawing U.S.-China trade relations. In the short term, a tug-of-war between bulls and bears is happening, with key levels becoming a life-and-death struggle.
Altcoins have generally retraced about 4%, and market confidence is shaky. Investors need to closely monitor whether BTC can hold the $107,800 defense line; otherwise, altcoins will face a storm of bloodshed!
But don’t rush, perhaps the second half of the year will be the main battlefield! Stablecoins are experiencing explosive growth, with a market cap exceeding $250 billion. Circle's IPO has helped USDC rise to $30 billion, and Tether's ecosystem has raised $500 million in just 5 minutes. Tokenized financial RWA continues to explode, accelerating the arrival of the on-chain real asset era.
In the long run, Bitcoin remains the anti-inflation "digital gold," and stablecoins are changing the global payment landscape, with an application-driven bull market possibly already quietly beginning.
Strategy suggestion: In the short term, closely monitor BTC's support zone and hedge risks; in the long term, invest in RWA, stablecoins, and compliant crypto projects to welcome the new cycle's dividends!
