📉 Major Market Moves
Deep sell off continues across cryptos Bitcoin Ethereum Solana and XRP are extending losses as a risk off mood grips markets. BTC is trading lower after failing to break out of its recent range tilting charts toward bearish bias.
Bitcoin slips under key support levels BTC has dropped below $63,000 as market anxiety persists raising the possibility of a deeper washout if $60,000 breaks next. Bitcoin price discovery shifting A structural move in derivatives markets is driving more trading activity through Chicago based platforms rather than traditional crypto exchanges which may influence liquidity and institutional interest.
🌍 Macro & Structural News
Solana infrastructure push A major initiative is underway to build high speed execution and institutional tools for Solana, aiming at positioning SOL for the next super cycle despite short term price pressure. Market crash narrative persists Broader reports show that crypto funds and ETFs are debating renewed tariff and macro uncertainty that’s shaking investor confidence and testing key levels across major tokens.
ETF performance diverges While Bitcoin and Ethereum ETF products are struggling with outflows and weak demand some XRPlinked ETFs continue to attract inflows showing mixed institutional sentiment.
📉 Today’s Price Trend & Sentiment
Bitcoin & ETH under pressure Nearly all major cryptos are down on bearish technicals rising safe haven demand in other assets, and macro fears.
Bearish market patterns Analysts see signposts like falling open interest weak support retests and strong selling pressure including leveraged liquidationscontributing to downside momentum.
Technical levels under threat Crypto charts show BTC around the $63,000 area, while Ethereum and XRP extend declines amid broader risk off positioning.