On Tuesday, Bitcoin briefly fell below $95,000, while the small digital asset index dropped over 10%, marking one of the largest declines of the year. On December 5, Bitcoin reached an all-time high of $103,800, but has since struggled to maintain levels above six figures. According to CoinGecko, the entire cryptocurrency market has shrunk by about $250 billion in the past 24 hours. Charlie Morris, Chief Investment Officer at ByteTree Asset Management, wrote in a report: "Large round numbers are real and often take time to overcome. The $100,000 level is a number we should get used to, but unless capital flows can surge from now on, we will spend time at this level." Katie Stockton, a technical analyst at Fairlead Strategies LLC, suggested in a report that a "neutral short-term bias" should be adopted after Bitcoin failed to hold above $100,000.