Crypto majors slipped another 2–5% before showing signs of recovery after Bitcoin briefly dipped below $100,000. At the time of writing, BTC is down 2% at $102,100, ETH has fallen 5% to $3,320, BNB is down 1% at $945, and SOL is off 2% at $157. Among top movers, ZK (+24%), DASH (+12%), ASTER (+12%), and HYPE (+9%) led the gains. Liquidations totaled over $1.7 billion on Tuesday as Bitcoin slid below $100,000 and Ethereum neared $3,000. The Fear and Greed Index edged up two points to 23 but remains in the “Extreme Fear” zone. In ecosystem developments, Berachain restarted its chain after a roughly day-long shutdown following the Balancer exploit, with funds returned. Chainlink unveiled the Chainlink Runtime Environment (CRE), enabling institutions to deploy smart contracts across multiple blockchains with built-in compliance and legacy finance integration. Meanwhile, Gemini announced plans to launch a prediction market, following its DCM license application to the CFTC in May. On the corporate front, Marathon Digital (MARA) reported record Q3 revenue of approximately $252 million as it continues expanding into AI compute services.
💡 DMK Insight
Bitcoin’s dip below $100,000 is a critical moment for traders to assess market sentiment. The recent 2-5% drop across major cryptocurrencies signals increased volatility, particularly as BTC struggles to maintain support around the $100,000 mark. This level is crucial; a sustained breach could trigger further sell-offs, while a bounce back might indicate strong buying interest. Ethereum’s decline to $3,320 also reflects broader market weakness, but it’s worth noting that ETH has historically shown resilience after sharp corrections. Traders should keep an eye on the 24-hour trading volume and RSI levels for both BTC and ETH, as these metrics could provide insights into potential reversals or continued downtrends. On the flip side, this pullback could present a buying opportunity for those looking to accumulate at lower prices. If BTC can reclaim the $102,000 level, it might signal a short-term bullish reversal. Watch for any news or developments that could impact market sentiment, especially around regulatory changes or macroeconomic indicators that could influence crypto adoption.
📮 Takeaway
Monitor Bitcoin’s ability to hold above $100,000; a failure to do so could lead to further declines, while a recovery above $102,000 may signal a buying opportunity.






