The crypto market is deeply in the red, and this move looks more like a structural correction than a short-term shakeout. Momentum has clearly shifted as liquidity continues to be pulled from risk assets, and price is now reacting to positioning rather than narratives.
From a technical and behavioral perspective, $BTC revisiting the $70,000 area would not be surprising. This zone aligns with prior demand, untested liquidity, and a psychological round number where buyers previously showed interest. A move there would help reset leverage and cool down excessive optimism.
$ETH is showing relative weakness compared to Bitcoin. A retrace toward the $2,000 level would fit well within a healthy market correction, especially as capital rotates and risk appetite contracts.
For $SOL , the $70 region stands out as a key level where prior consolidation and volume support converge.