In the cryptocurrency market, each “round 100k” level holds psychological significance. Bitcoin falling below $100,000 means that the bullish confidence in the market has been broken, and the support level is being challenged. According to data, BTC has dipped to around $99,900 on most major platforms, marking a new low since June. Such a breakthrough is often accompanied by accelerated downward movement or intensified fluctuations, which is something Newbies should be highly vigilant about.
Drop of over 20%: Since the high of over $126,000 in October, it has retraced more than 20%.
Liquidation wave emerges: According to Decrypt, the daily liquidation scale of related crypto assets reached approximately 1.3 billion USD.
Support zone blurring: If the $100,000 support is not maintained and there is no clear support level below, it could trigger a new round of decline. Institutional data suggests that if it is lost, it may drop to around $72,000.
According to Gate market data, the current BTC/USDT is reported at 99,357.6 USD, with a 24-hour low of 98,951 USD. Technical indicators show:
Overall, the current BTC trend is still in an adjustment range. Newbies should pay close attention to whether the $98,900 support is effective; if it rebounds and breaks above the MA10, a short-term recovery market is expected; otherwise, the trend remains weak.
Step 1 “Watch”: Observe price trends, trading volume, and market sentiment. Don’t rush to act.
Step 2 “Wait”: There are two possibilities: support rebound or breakdown confirmation. If support is confirmed, some buying opportunities will appear; if it breaks down, reduce positions and implement risk control.
Step Three: “Do”:
The future path can be divided into two types:
For newbies, the key is not to make the correct prediction, but to respond reasonably. Dropping below $100,000 reminds us: the market has risks, but also opportunities. The important thing is to stay calm, distinguish the logic, and be prepared.
In summary, when BTC falls below $100,000, it offers not just a price signal, but also a reminder: do your homework, manage risks, and respond steadily. How things will develop in the future, we will continue to pay attention.
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