Bitcoin is currently priced at $86,410, down 2.8% in 24 hours; Ethereum is at $2,826, down 4.6% in 24 hours. The total market capitalization is approximately $3.01 trillion, a 3.8% decrease over the past 24 hours, indicating extreme panic. There was $187 million in liquidations in the last 24 hours, over 83% of tokens declined, with only a few sectors like SocialFi and payment protocols bucking the trend and rising. On the technical side, multiple indicators for Bitcoin and Ethereum suggest a short-term rebound possibility, but resistance levels are significant. Tonight, key data releases and the European Central Bank interest rate decision may cause market volatility. A liquidity crisis is approaching at the end of the year, with institutions reducing positions and market participation declining. In terms of strategy, short-term Bitcoin trading can consider high sell and low buy within a range; for Ethereum, focus on shorting during rebounds, and be cautious about bottom fishing. Reminder: year-end market is highly uncertain, with high risks of liquidity issues, breakouts, leverage, etc. Avoid leverage, chasing highs, and blindly bottom fishing. Keep most cash on hand, patiently wait for the market to stabilize. Before tonight’s data release, observe more and act less; after the data, adjust strategies accordingly. Preserving capital is the top priority!$SOL
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Bitcoin is currently priced at $86,410, down 2.8% in 24 hours; Ethereum is at $2,826, down 4.6% in 24 hours. The total market capitalization is approximately $3.01 trillion, a 3.8% decrease over the past 24 hours, indicating extreme panic. There was $187 million in liquidations in the last 24 hours, over 83% of tokens declined, with only a few sectors like SocialFi and payment protocols bucking the trend and rising. On the technical side, multiple indicators for Bitcoin and Ethereum suggest a short-term rebound possibility, but resistance levels are significant. Tonight, key data releases and the European Central Bank interest rate decision may cause market volatility. A liquidity crisis is approaching at the end of the year, with institutions reducing positions and market participation declining. In terms of strategy, short-term Bitcoin trading can consider high sell and low buy within a range; for Ethereum, focus on shorting during rebounds, and be cautious about bottom fishing. Reminder: year-end market is highly uncertain, with high risks of liquidity issues, breakouts, leverage, etc. Avoid leverage, chasing highs, and blindly bottom fishing. Keep most cash on hand, patiently wait for the market to stabilize. Before tonight’s data release, observe more and act less; after the data, adjust strategies accordingly. Preserving capital is the top priority!$SOL