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😱 Crypto Night of Horror! Bitcoin plummeted 4.2% in 24 hours, losing the $70,000 mark; Ethereum also dropped 4.6%, falling below the critical $2,000 support level. The total liquidations across the market reached $312 million, and the Crypto Fear and Greed Index dropped to 8, indicating extreme market pessimism.
📊 Key Level Analysis:
Support Levels: First support at $67,000 (intraday low), strong support at $65,500 (weekly key support)
Resistance Levels: First resistance at $69,500 (intraday rebound high), strong resistance at $70,500 (20-day moving average)
With multiple bearish signals converging, do you think the crypto market will continue to bottom out or will it rebound?