The crypto market just took another punch to the gut.

Bitcoin tumbled hard during early Asian hours, shedding up to 6% and breaking below the $86,000 mark. Ether didn't fare any better—down over 7% to roughly $2,800. What looked like a stabilizing selloff? Turns out it's got legs.

The renewed downward pressure caught traders off guard, reigniting concerns about whether we've actually found a floor or if there's more pain ahead. Classic crypto volatility at work—just when you think the bleeding's stopped, the market reminds you who's boss.

Anyone still holding through this needs nerves of steel. The question now: is this a buying opportunity or a warning sign?

BTC-6.54%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

FarmHopper

· 14h ago

Here it comes again, is it really going to fall through this time? Is it time to buy the dip or continue to cut loss, that's the question. Can't hold 86k, it's a bit precarious. Ugh, it's another chaotic Asian session, what the hell. They say they've found the bottom, who believes that? Those who dare to increase the position now are tough guys. Let's wait and see, where is the bottom? The coins in hand are shrinking again, really can't hold on anymore. In this wave, either you're a buy the dip hero or a trapped hero, there's no middle ground.

View OriginalReply0

gas_guzzler

· 14h ago

Here we go again, every time I look at the Asian market it disappoints, I don't understand why it’s always like this.

View OriginalReply0

GateUser-cff9c776

· 14h ago

Schrödinger's floor price is back... Looking at the supply and demand curve, this drop is purely an artistic liquidation, not financial advice but I'm still all in.

View OriginalReply0

GateUser-ccc36bc5