1. Mainstream Cryptocurrency Market (24h)



• Bitcoin (BTC): approximately $66,400–$67,400, -0.85%~-2%, broke below $68,000, briefly dipped below $67,000

• Ethereum (ETH): approximately $2,029, -1.3%~-3.5%, temporarily fell below $2,000

• Major altcoins generally follow the decline, market sentiment weakens

2. Key Events

1. Market-wide Decline
Cryptocurrencies and tech stocks both retreating, dragged down by Nvidia's sharp drop, overall risk assets under pressure

2. Institutional Views

• Bernstein: Currently a confidence crisis, underlying infrastructure (exchanges, custody, ETFs) remains stable

• Bullish analyst Tom Lee: Crypto sell-off nearing the end, last few weeks of retracement

3. Policies and Capital

• Federal Reserve plans to relax restrictions on bank and crypto company collaborations, slight capital inflow into ETFs

• High interest rate environment persists, liquidity remains tight, increased volatility between bulls and bears

4. Domestic Regulation
Eight departments clarify: Virtual currency-related activities are illegal financial activities, trading losses to be borne by individuals

3. Short-term Key Levels

• BTC: support at 67,500, resistance at 69,000

• ETH: range between 2,040–2,080
BTC-0.81%
ETH-0.98%
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