CryptMarket Analysis — 25-09-12
The crypto market is experiencing heightened volatility as Bitcoin and Ethereum extend heavy overnight losses, triggering $1.6 billion in liquidations and dragging crypto stocks down in pre-market trading. Over 400,000 traders saw their positions wiped out in what is now the largest crypto liquidation event in months, with Ethereum and Dogecoin among the top losers. Analysts are closely monitoring key Bitcoin resistance levels at $113,500 and $115,000 for short-term trend direction. The broader market sentiment leans negative, driven by ongoing macro uncertainty and leveraged positions unwinding, while attention shifts to potential market stabilization or further downside should the sell-off gather momentum.