Bitcoin Slips Below $91,000 as Market Volatility Picks Up
The crypto market has re-entered a phase of heightened volatility. Data shows Bitcoin has broken below the critical $91,000 support level, hitting a low of $90,996 with a 24-hour decline of 1.83%. The move has sparked renewed caution among traders and long-term holders alike.
What’s Driving the Pullback?
This correction reflects broader trends. Macroeconomic signals — including fresh commentary from the Federal Reserve — have triggered risk-off behavior across asset classes. On-chain metrics reveal increased movement from large wallets, while declining options open interest suggests a cooldown in speculative activity.
How Should Investors Respond?
- Manage exposure: Avoid over-leveraging during uncertain price action.
- Set clear exit points: Use stop-loss strategies to protect capital.
- Monitor key indicators: Watch metrics like MVRV and SOPR for early signals.
- Diversify holdings: Balance crypto exposure with other assets to reduce risk.
While short-term swings can be unsettling, the fundamental trajectory of Bitcoin adoption remains intact. Staying disciplined and focusing on long-term goals is crucial in volatile environments.