唐华斑竹 Analyzes the Current State of the Crypto Market, Advises Caution

According to Twitter user 唐华斑竹, BTC has fallen below $81,000, and ETH has dipped to around $2,400, indicating a rise in market risk aversion. Coinglass data shows that in the past four hours, the total liquidations across the network reached $157 million, primarily from long positions. On the macro front, Brent crude oil prices have risen to $112, and the S&P 500 index has dropped over 1%. The ETH/BTC ratio has decreased by nearly 20% this year, with institutional funds increasingly concentrated in Bitcoin. Solana's RWA track ecosystem TVL has reached approximately $2.5 billion, but overall liquidity remains tight. The support level for ETH is in the range of $2,250 to $2,300, and it is advised that those with light positions wait for a signal of BTC stopping its decline near $80,000.

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