When the crypto assets market falls into a comprehensive decline, investors are faced with a suffocating scene. Bitcoin and Ethereum, as the market leaders, lead the way down, dragging down mainstream tokens, while small market capitalization crypto assets have suffered severe value evaporation, and the entire market is shrouded in a deep red hue.

For bullish investors, this is undoubtedly a disaster, with every falling number on the balance sheet appearing as a gaping wound; while for the bearish camp, the current trend has become their feast. The market is clearly dominated by bears at the moment, and technical analysis seems to struggle to change this direction. In such a one-sided market environment, going with the trend may be the more sensible choice.

From the price trend, Bitcoin is facing a key resistance around 105000. If it cannot break through, it may further test the important support level of 100500. If this level is also breached, the possibility of the price testing the 98000 area cannot be ruled out.

During periods of intense market volatility, investors especially need to analyze calmly and formulate reasonable risk management strategies, rather than blindly following market sentiment to make decisions. The high volatility of the crypto market is both a risk and an opportunity; rationally viewing the current market adjustment may enable better entry timing when the market turns in the future.