#CryptoMarketStructureUpdate The crypto market has just experienced one of its most violent shake-outs since 2022. Bitcoin led a sharp sell-off, briefly crashing below $61,000, before staging a strong rebound into the $70,000–$71,000 zone. This price action signals capitulation followed by aggressive dip-buying, but the broader market structure remains fragile.
🔹 What Just Happened
Heavy macro risk-off pressure (tech sell-off, Fed uncertainty, liquidity tightening)
Massive forced liquidations across futures markets
Fear & Greed Index dropped to extreme fear, a level often seen near local bot