🔴Bitcoin dropped below $90,000 for the first time since spring, triggering a sharp rise in market anxiety. The decline was accompanied by more than $1 billion in long liquidations and a steep slide of the Fear & Greed Index into “extreme fear.” This environment has prompted traders to secure profits and reduce exposure, amplifying volatility across BTC and Ethereum.
🔴Still, several analysts offer a more measured view. According to Bernstein, the current downturn resembles a moderate correction and an attempt to establish a local bottom rather than a repeat of the large-scale crashes of previous cycles. With core fundamentals intact, experts believe a recovery into late 2025 remains a realistic scenario.