#HasTheMarketDipped?

Yes, the crypto market has seen a notable dip today, led by Bitcoin dropping around 3–4%, briefly testing below and then stabilizing in the mid-$86,000 range.

This pullback aligns with a broader risk-off sentiment across global markets, driven by macro uncertainty — including concerns around potential yen carry trade unwinds and continued liquidity caution.

Market Breakdown:

📉 Bitcoin: Led the decline but held key lower supports, signaling controlled selling rather than panic.

🔻 Altcoins: Ethereum fell over 4%, with weakness spreading across most sectors. DePIN and high-beta tokens saw amplified losses.

🔄 Rotation: No clear rotation into altcoins — selling pressure remained broad-based.

Liquidity & Derivatives:

💧 Liquidity and trading volume thinned, contributing to sharper price swings.

⚠️ Over $200M in liquidations in the past 24 hours, predominantly long positions.

Market depth remains adequate but below peak levels, typical for this seasonal period.

Institutional & On-chain View:

🏦 Spot ETF flows remain choppy, with recent outflows reflecting profit-taking and de-risking — not panic.

🔗 On-chain data shows long-term holders staying steady, with no signs of large-scale distribution.

Outlook: Expect continued choppiness into year-end.
Key BTC levels to watch:

🟢 Support: $84,000–$85,000

🔴 Resistance: Near $90,000

Macro catalysts and liquidity resets are likely to define the next directional move.
📌 Stay disciplined and manage risk — volatility is part of the process.