The cryptocurrency marketplace experienced over $2 billion in liquidation in a single day! Bitcoin fell below $100,000, and Ether hit a four-month low

The cryptocurrency market experienced a massive Get Liquidated storm, with daily liquidation amounts exceeding $2 billion. Bitcoin fell below the critical psychological threshold of $100,000, while Ethereum plummeted to around $3,000, hitting a four-month low. This article analyzes the deep reasons behind this big dump from multiple perspectives and provides key data and market outlooks for investors.

Market Bloodbath: Major Cryptocurrencies All Dropping

On Tuesday, the cryptocurrency market continued its big dump trend, with Bitcoin’s price dropping below the $100,000 support for the first time in six months, reaching a low of $99,075, down over 5% during the day. Meanwhile, Ether’s price sharply declined from a high of $3,649 to $3,097, marking its lowest level since July. Among the top ten market cap tokens, ETH led the fall with over 9%, while mainstream tokens like XRP, Solana, and BNB also fell more than Bitcoin. This big dump caused large-scale Get Liquidated in crypto leverage trading. According to CoinGlass data, the total global Get Liquidated amount in the past 24 hours reached $2.02 billion.

Get Liquidated Structure Analysis: Long Positions Hit Hard

Detailed data shows that out of the total $2.02 billion Get Liquidated, long positions accounted for as much as $1.63 billion, reflecting that overly optimistic leverage traders suffered heavy losses during the fall. Ether led with $655 million in Get Liquidated, followed by Bitcoin with $614 million. Maja Vujinovic, CEO of FG Nexus Digital Assets, pointed out: “Too many traders use Borrow funds to go long. If Bitcoin can hold the $100,000–$105,000 range, it might be a healthy adjustment; otherwise, it could face deeper falls.”

Multiple Factors Behind the Big Dump: Macroeconomic Environment Continues to Pressure

This big dump resonated with the sell-off in US tech stocks, with the Nasdaq and S&P 500 indices both closing lower. Besides macro uncertainty, escalating trade conflicts between Trump and China, concerns over market Liquidity, and investors’ cooling expectations for a third Federal Reserve rate cut in 2025 all contributed to the decline. Tech provider Incyt CEO Mike Maloney warned: “It’s like a replay of ‘Black Friday’ on October 10. Although there was a quick rebound after the big dump, institutional investors’ anxiety is still spreading.”

Historical Comparison and Market Outlook: Key Levels Are Lifelines

Although the $2 billion Get Liquidated scale is astonishing, it still falls short of the $19 billion record set in October. Technical analysis shows that Bitcoin’s key support areas are at $100,000–$105,000. If broken, it could drop to around $93,000 (Fibonacci 38.2% retracement). For Ether’s price trend, the $3,000 psychological support has become a battleground for bulls and bears. Once broken, it may trigger more technical selling at larger scales. Institutional investors advise controlling leverage ratios amid increased volatility and paying attention to opportunities in quality assets that may have been unfairly sold off.

Conclusion

This crypto market big dump again highlights the fragility of high leverage trading in extreme conditions. For crypto investors, given the ongoing macro uncertainty, it’s recommended to adopt defensive strategies: strictly set Stop-Loss, reduce leverage, and focus on the effectiveness of Bitcoin’s $100,000 and Ether’s $3,000 support levels. Historical experience shows that market panic often breeds medium- and long-term positioning opportunities, but decisions should wait until clear technical support signals and fundamental improvements appear.