Yesterday the market was still slowly drifting downward, with no signs of a rebound. When US trading opened, it directly "gave up" and started to decline. This morning, Bitcoin$BTC dropped to around 87,700, and the support at 89,300 was as fragile as a window paper—one poke and it broke. All the gains from last week were wiped out. Ethereum fared even worse, continuing to fall without stopping. The 3,000 level was also on the verge of collapse, with a low of 2,920, making people nervous.

Currently, Bitcoin is relying on the 88,000 support level to "stay alive." This is a critical line of defense; if it breaks, the price will fall further. However, there might be a slight short-term rebound, but the 90,000 mark won't be easy to overcome. Ethereum$ETH at 2,900 is a lifeline; whether it can recover to 3,000 depends on the strength of the rebound. Today, we will watch the speeches of the European Central Bank President and Trump to see if they will cause more market volatility. #加密市场回调