Bitcoin plummeted to key support! Why is the market panic? #Web3 Daily

Hello everyone, welcome to **Web3 Daily**! I am Uncle Jin! Today's market can be said to be bloody, Bitcoin and Ethereum are facing fierce selling pressure, the total contract liquidation amount exceeds US$600 million, and the market sentiment has fallen into "extreme panic". Will it fall below the key support level **80,000 1** next? Altcoins are even more terrible. Dogecoin, Cardano and others have experienced shocking declines. Can the market stop falling and rebound? Take you to comprehensively analyze the latest market trends and logic behind it! 📖 ** Highlights of this issue: ** 1️⃣ **Bitcoin plunge analysis: The bulls' defense line is completely lost** - Bitcoin fell from 90,000 to 81,000, and the "Fear and Greed Index" fell directly to 27. Will the market enter a bear market? 2️⃣ **Ethereum was sold off: Institutions leaked $23 million in a day** - BlackRock ETF's largest withdrawal in history, ETH fell below $2,000. What is the subsequent trend? Technical analysis reveals the crisis! 3️⃣ **Altcoin dives: Dogecoin plummeted by 11%, Cardano cut in half** - Risk preference dropped to freezing point, funds withdrew from altcoins, where can Dogecoin and SOL fall? 4️⃣ **Trump's National Crypto Reserve Plan: Why can't he save the market? ** - Policies favorable policies have become "buy expectations and sell facts"? Why is Bitcoin unable to rebound? What are the uncertainties in the future? 5️⃣ **High pressure on macro negative: Fed tightens expectations + escalates Sino-US trade war** - Risk aversion sentiment heats up, why doesn’t Bitcoin have the ability to resist “digital gold”? Why are institutions evacuating one after another? 6️⃣ **Coinbase expands its enrollment by 1,000 people: The regulation of the US crypto industry has become warmer? ** - SEC withdraws the lawsuit, improves the regulatory environment, how does Coinbase view the future of the US market? #Web3 Daily#Bitcoin plummet#Ethereum sells#altcoin dive#Trump crypto policy#National crypto reserves#Macroeconomic negative#Dogcoin market#Cardano forecast#BTC support level analysis#BlackRock withdrawal#Feder policy#Coinbase enrollment#Crypto market dynamics#Investment risk reminds the market trend to change suddenly, and macro negatives and internal market pressure overlap, resulting in this wave of sharp decline. But the more crisis is, the more opportunities it may be! Today's **Web3 Daily** will take you to disassemble the latest developments in the currency circle and help you see the logic behind the market. If you like our content, please like, subscribe, and leave a message to tell us, do you think Bitcoin can hold 81,000? See you next time!