Crypto Market in the Midst of a Downturn

🔴Over the past 24 hours, the cryptocurrency market has lost $227 billion, reducing its capitalization to $3.28 trillion. Holding this level is critical; a breach could drive capitalization down to $3.16 trillion, undermining investor confidence.

🔴Bitcoin fell by 5.8%, dropping to $96,290 but maintaining support at $95,668. A breach of this level could push BTC down to $93,625, while a return above $100,000 would revive the bullish trend.

🔴Among altcoins, TIA dropped 14%, losing the $5.0 level and trading at $4.7. Holding $4.5 is critical; otherwise, the price could fall to $3.8. A recovery to $5.0 would pave the way for growth to $6.0.