Bitcoin Intraday Key Levels

The BTC/USD pair has lost 2.30% in the last 24 hours and is currently trading at $96,104. Bitcoin (BTC) has dropped below the support level of $98,504, heading toward the next support levels. If it rises, the resistance level will be $98,504. Support levels are $91,221 and $89,472.

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Ethereum (ETH): The ETH/USDT pair has lost 16.50% in the last 24 hours and is currently trading at $2,591. Resistance levels for ETH are $2,724 and $2,877. Support levels are $2,366 and $2,140.

Celestia (TIA): The TIA/USDT pair has lost 24.20% in the last 24 hours and is currently trading at $2.966. Resistance levels for TIA are $3.781 and $4.537. Support levels are $2.645, with further support at $2.352 if the decline deepens.

Arbitrum (ARB): The ARB/USDT pair has lost 23.82% in the last 24 hours and is currently trading at $0.4348. Resistance levels for ARB are $0.5843 and $0.6855. Support levels are $0.3952, with further support at $0.3446 if the decline continues.

Pyth Network (PYTH): The PYTH/USDT pair has lost 22.81% in the last 24 hours and is currently trading at $0.1962. Resistance levels for PYTH are $0.2643 and $0.2959. Support levels are $0.1789, with further support at $0.1647 if the decline deepens.

Trending Coins

In the last 24 hours, some of the trending coins include Elon4AfD (ELON4AFD), Alpha (ALPHA), and Sui (SUI). Among the top gainers are Plume (PLUME), AI Rig Complex (ARC), and Mask Network (MASK). On the list of the biggest losers are MimbleWimbleCoin (MWC), ORDI (ORDI), and Notcoin (NOT).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, the most notable liquidation is at $97,935 with $60.81 million. On the downside, the $91,759 level is notable with $49.90 million.

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Bitcoin Bloodbath: Bears Take Control!

Before the announcement, Bitcoin (BTC) was holding strong at around $106,000. However, after the news broke, the cryptocurrency went into free fall. It quickly plummeted below $90,000, resulting in a 15.09% loss, shocking investors.

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This sharp decline triggered massive liquidations in Bitcoin futures. Hundreds of millions of dollars in positions were wiped out, and bulls could not defend key support levels, leading to even more selling pressure. Technical indicators now suggest that further downside is imminent for BTC.

Ethereum Nightmare: 40% Loss!

Ethereum (ETH) saw an even worse scenario. The coin dropped sharply from around $3,500, losing nearly 40% of its value, reaching as low as $2,100.

The rapid liquidation of high-leverage positions accelerated the decline. Ethereum investors now face the risk of falling below the $2,000 mark. If panic selling continues, ETH could drop as low as $1,850.

$2.25 Billion in Liquidations: Market in Chaos!

Following the tariff decision, global markets, including the cryptocurrency sector, experienced massive shocks. In just 24 hours, $2.25 billion worth of positions were liquidated.

The dramatic drops in Bitcoin and Ethereum led to severe sell-offs in altcoins as well. The panic forced investors to sell at a loss, quickly driving the market into a crash scenario.

Will the Markets Recover?

Analysts highlight that Bitcoin’s drop below $90,000 is critical, but a potential rebound could trigger a bounce back. As for Ethereum, the $2,000 level is crucial. If it fails to hold, deeper declines could follow.

After these recent developments, investors must proceed with caution and adapt to the volatile market conditions.

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