HORSE EAGLE

ABTC’s 50% Flash-Crash Exposes a Bigger Structural Issue

ABTC just printed one of the most violent collapses of the quarter - a 50% drop in under 30 minutes, multiple trading halts, and a complete breakdown of order-book support. And unlike , which held above $91K during the event, this crash had nothing to do with the market and everything to do with company structure.

The catalyst was the lockup expiration for pre-merger Gryphon Digital Mining shares. The moment early investors gained selling rights, liquidity evaporated: ABTC fell from above $4 to the low-$2 range on extreme volume as bids disappeared entirely. Classic retail panic compounded by algo pressure.

Eric Trump attempted to calm markets by saying he is “holding 100% of his shares,” but the stock still closed the session –35%, extending its total decline to more than 60% from the September high. Confidence - not Bitcoin - is the core issue here.

Lockup events often trigger defensive behavior, but this one exposed deeper fragility. This was not correlation with ; this was a structural liquidity hole inside ABTC. The newly formed support at $2.20–$2.40 is only temporary and still heavily seller-weighted, making any bounce vulnerable to becoming a dead-cat setup.

For traders, the takeaway is clear: market risk and corporate risk behave differently. Bitcoin can be stable above $90K while mining-linked equities follow their own violent trajectory. ABTC’s flash-crash is a textbook example of how one unlocking event can escalate into a full market breakdown.

Bitcoin Snaps Back Above $93K And Traders Start Drawing Lines Again ✍📈

finally reminded the market what upward momentum looks like. The price blasted past $93K with a 7% rebound, lifting total crypto market cap back to $3.15T. Sentiment also improved, with the Fear & Greed Index rising to 22 - still “fear,” but a noticeable upgrade from the panic earlier this week.

$ETH
The more interesting part isn’t the green candle - it’s the behavior behind it.
BTC pushed over $84.8B in 24h volume, signaling deliberate positioning rather than casual dip-buying. ETH jumped 8.9%, SOL rallied 11.6%, and XRP moved back into a short-term uptrend. When majors start moving in sync, it usually means confidence is returning across the board instead of concentrating around one asset.

Technical signals echo the shift: the average market RSI climbed toward 55.55, moving out of oversold territory and hinting at strengthening momentum. Now traders watch whether can secure a clean hold above $93K, a stable close there opens the way toward $95K, while a rejection could still drag price back to the high-$80Ks.

And as volatility returns, so does the urge to analyze every candle.
Trendlines, channels, volume profiles - all suddenly matter again. It’s also why more eyes are drifting toward chart-centered tools and activities built around real market engagement. One example is the newly launched “Chart Your Way to the Skybox and More with WhiteBIT Nova”, a chart-driven promo tied to TradingView integration and crypto spending tools - fitting neatly into a market where traders are actively charting rather than waiting on the sidelines.

Confidence is still fragile and leverage remains high, but at least the market is awake again.
And for traders, that’s usually where the real story begins.