CoinEx Daily: Bitcoin Drops over 3% with Market Support Weakening and Leverage Unwinding
- ASTER0%
- DUSK0%
- PUMP0%
- XMR0%
Daily View
Bitcoin fell over 3% in a short period, with analysis noting its support between $88,000 and $90,000 has significantly weakened. The drop was described as a typical 'crash to clear leverage' event, with the largest single liquidation reaching $25.83 million. Market concerns about a potential US-EU trade war were cited as a factor in the decline.
:quality(80)/2026-01-20/E37D51C7814ABE7A8371EB8F4CA93A73.png)