Market Overview
Bitcoin (BTC) has lost about 3.01% in the past 24 hours, trading around 111,760 USD, with fluctuations between 113,975 and 115,948 USD. Last week, a sell-off triggered by U.S. tariffs on China pushed Bitcoin down to 102,000 USD, but easing trade concerns helped it recover toward 116,000 USD Ethereum (ETH) losing around 4.22% in the past 24 hours, trading near 4,000 USD, fluctuating between 4,066 and 4,289 USD. The Layer-2 ecosystem and upcoming ETF expectations are influencing its price. Overall, Bitcoin and Ethereum are holding support levels, while market volatility
continues to affect price movements.
Key Developments
Some analyses suggest that the recent market crash may have involved a possible coordinated attack or oracle manipulation.
Approximately 19 billion USD worth of liquidations occurred in the crypto market, marking one of the biggest selling pressures in recent times.
Institutional player Strategy (MSTR) purchased BTC at an average price of 123,561 USD; a buying opportunity was missed during the market’s decline.
Analyst Ash Crypto had predicted BTC would drop to $106,000 — a forecast that came true quickly; he now expects a strong rally in Q4.

BTC / USDT
As long as there’s no clear close below the purple zone, expecting a deep pullback toward the turquoise zone would be premature. This area still acts as a strong support level, and as long as the price holds above it, buyers are likely to step in. In the short term, potential reactions from this zone could lead to another upward move attempt. However, if the price dips below the purple zone and maintains stability beneath it, selling pressure may increase. In such a scenario, market momentum would weaken, and the move could become sharper, driving the price toward the turquoise zone. This level stands out as an important support area both technically and psychologically.