2025-12-18 06:21:08

Market Overview

Today, the crypto market is once again in a sea of red. Bitcoin is currently stuck at $86,100, down 2.8% over the past 24 hours, with intraday fluctuations ranging from +0.5% to -3.2%. Trading volume is approximately $4.25 billion, and the total market capitalization has reached $1.72 trillion, still accounting for 57.1% of the entire crypto market.

Ethereum is in an even worse state, with a current price of $2,810, down 4.6% over the past 24 hours. Intraday volatility swung from +1.2% directly down to -6.3%. Trading volume is $25.4 billion, with a market cap of $339 billion, holding an 11.4% market share.

**Overall Market Falls into Extreme Panic**

The total cryptocurrency market cap is now about $3.01 trillion, down 3.8% over the past 24 hours. Even more alarming is the Fear & Greed Index, which is only at 18-23, signaling extreme fear. Within 24 hours, liquidations amounted to approximately $187 million, affecting 82,000 traders directly.

Over 83% of tokens are declining, with only a few sectors still outperforming the market. SocialFi and payment protocols are the most resilient, with gains between 2-5%. In contrast, DeFi and Layer2 projects are generally being hammered, with declines of 3-6%. NFT and GameFi sectors are the hardest hit, with drops ranging from 7-12%.

**Technical Analysis: Key Support and Resistance Levels for Bitcoin**

Bitcoin’s current support levels to watch include: $85,000 as a psychological barrier and a strong support; below that, $84,250 (4-hour lower band); and the last line of defense is $83,000 (weekly support level).

On the resistance side, $87,500 is the 4-hour midline and the strongest intraday resistance; above that, a critical resistance at $88,150. Whether BTC can regain stability above these levels in the short term will determine the strength of the subsequent rebound.

BTC1,78%

ETH1,27%

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GateUser-6bc33122

· 2025-12-18 20:13

Here it is again, at this kind of moment... 83% of tokens have dropped, 82,000 traders have been liquidated, and we're just watching? --- The fear index is at 18, how desperate is that? I just want to know who is still bottom fishing. --- NFT dropped 12%, I'm completely stunned. Why is GameFi so miserable? --- If 85k can't hold, it's really dangerous. We need to keep a close eye. --- SocialFi is still rising? What kind of black magic is this haha. --- 1.87 billion in liquidations... this number is terrifying. --- Bitcoin is stuck here; if it can't break 87.5, it's game over. --- DeFi has been broken again; this round really has no bottom.

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NotSatoshi

· 2025-12-18 06:52

Another day of bloodshed, brothers, when will the bottom come? So green it hurts the eyes, 80,000 people liquidated, not unfair 83 coins one down, one up, it's ridiculous Can that 84250 level really hold? Feels like it will keep crashing Everyone's bought in is falling, those who didn't buy are also uncomfortable, how do you play this game? DeFi and Layer2 have been broken again, should I switch tracks? Fear index is at 18, is there really no one left to buy the dip? First dead, then alive, let's see if 85000 can hold steady When will this wave rebound? Seeing green every day is really unbearable

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NightAirdropper

· 2025-12-18 06:35

Here comes another wave of rug pulls, 82,000 people liquidated—truly unbelievable. --- 83% are falling; what the hell is there to buy? I'm just coming clean—I'm trying to catch the bottom. --- Is the panic index at 18 really the floor? Usually, it should rebound now? --- Ethereum dropped to 2810; you can hear the sound of mental breakdowns. --- Can SocialFi still hold up? Fine, I believe in this counter-trend story. --- Breaking 85,000 would be the end; I bet the next support is at 84,250. --- Bitcoin keeps bouncing back daily; is this the bottom or just a false bottom? --- Liquidations of 1.87 billion—really? Feels milder than the last wave. --- DeFi Layer2 got hit hard; but with such a sharp drop, is the opportunity here? --- NFT Game down 12% haha, trash sector should be like this.

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