💥 Bitcoin and Ethereum collectively plunged, even Solana fell to the point where its mother couldn't recognize it! 😱

$200 billion evaporated in a week, the United States is preparing for a political earthquake!

💥 [Latest news] Bitcoin plummeted to $62,000, Ethereum fell to $3,377, and Solana collapsed by more than 7%! The crypto market evaporated $200 billion in a single week, and analysts warned that a deeper retracement is coming! 🌪️💸

[Newspaper (Asia-Pacific) News] The price of Bitcoin fell to $62,000, the lowest since early May, down more than 10% from its recent high. The prices of other cryptocurrencies such as Ethereum, Ripple, and Solana also plummeted, and the market was in mourning. 😱

📉 Technical analysts warned that once the key level of $61,500 is lost, Bitcoin may fall below $50,000 or even lower. The market is preparing for a large-scale political earthquake this week, and the situation is tense. 🇺🇸

🔍 10X Research analyst Markus Thielen said that Bitcoin's fall below $61,500 could lead to panic selling and the price could fall to $45,000. Traders are closely watching this key level. 🚨

📊 FXEmpire analyst Bob Mason pointed out that both Bitcoin and Ethereum are below the 50-day EMA, but remain above the 200-day EMA, which is bearish in the short term but bullish in the long term. Breaking through the key resistance level will be a victory for the bulls, but there is still a risk of a larger correction in the short term.

💬 Netizen comment: It seems that the crypto market is going to "go to the rooftop" this time, so everyone should be mentally prepared! 🪂

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