📉 Why the Market is Falling

The primary catalyst for this drop below $93,000 for BTC and the loss of the $3,230 support for ETH is a "Black Swan" geopolitical event:
Tariff Shock: President Trump announced sweeping new tariffs on European nations (initially 10%, potentially rising to 25%) linked to the ongoing Greenland diplomatic issue. This sparked an immediate "risk-off" move across all global markets.
Massive Liquidations: Over $525 million in leveraged long positions were wiped out in just 60 minutes as BTC fell from its $95,500 local high to an intraday low of $91,935.
Fed Uncertainty: Speculation over the new Federal Reserve Chair candidate is heating up. Markets are reacting to news that more hawkish candidates are being considered, which has bolstered the US Dollar and weighed on crypto.
🔍 Technical Analysis Summary Bitcoin (BTC): The battle at $92,000 is critical. If this fails to hold, the funding structure suggests a potential "gap fill" down toward the $88,000 level where historical support sits.
Ethereum (ETH): ETH is struggling significantly more, having briefly dipped below $3,200. The "Digital Asset Market Clarity Act" (the CLARITY/Clear Bill) currently being debated in the Senate has introduced some uncertainty regarding stablecoin yields, which is weighing on the DeFi ecosystem and ETH specifically.
💡 Bottom-Fishing or Waiting?
The "most prudent" approach depends on your timeframe, but caution is the word of the day:
For Short-term Traders: This is a high-volatility environment. High leverage is extremely dangerous right now due to "wicking" (sudden price spikes and drops). Watching the RSI on the 4-hour chart for an oversold bounce near $91,900 might offer a scalp opportunity, but stop-losses must be tight.
For Medium-term Investors: While the macro news is scary, institutional inflows via ETFs remain at record levels (over $1.4 billion last week). This suggests that "smart money" is buying the dip. Waiting for a daily close above $93,500 for BTC or $3,250 for ETH would provide much-needed confirmation that the bottom is in.
Prudent Strategy: Keep your position sizes small (under 30%) and watch the US Dollar Index (DXY). If the dollar continues to climb on tariff news, crypto will likely remain under pressure.