@137labs
đ ⨠Over the past 24 hours, Bitcoin and major crypto assets have experienced a sharp sell-off, with prices rapidly breaking through key levels, liquidation volumes expanding significantly, and market sentiment sliding into extreme fear.
đŻ This article provides a systematic review of the latest downturn from multiple perspectivesâincluding price action and trading volume, the structure of derivatives liquidations, shifts in the macro environment, and the behavior of institutions and on-chain whalesâexamining how panic and deleveraging have unfolded, and exploring the potential logic behind the formation of an interim bottom and the marketâs possible next phase.
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