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Major Movers: Bitcoin (\text{BTC}) & Ethereum (\text{ETH})
Bitcoin (\text{BTC}):
Recently dipped below the $100,000 psychological level for the first time in months, signaling weakening confidence.
Some analysts note that this level acts as a key support, and a decisive break below it could accelerate a downtrend.
Large outflows from spot Bitcoin ETFs have been noted recently, suggesting profit-taking or reduced institutional appetite.
Ethereum (\text{ETH}):
Altcoins, including Ether, have reportedly been hit harder in recent sell-offs, sometimes dropping 8\% or more.
Technical indicators show a bearish momentum continuation in the short term for \text{ETH/USD}.