Crypto Pullback Deepens as BTC Falls Below $109,500

Bitcoin is trading around $109,410, down by ~1.7%, while Ethereum is at $3,954.69, slipping ~1.1%.

Markets have continued their downward adjustment amid macro pressures—interest rate uncertainty, economic headwinds, and global sentiment waning. Many leveraged positions are being liquidated, especially in altcoin and DeFi sectors.

Key Themes:

• Support in Focus: BTC needs to hold above $108,000 to avoid deeper slide; ETH must defend $3,800.
• Derivative Stress: Funding rates remain high in some pairs, making it costly to hold leveraged positions.
• Institutional Activity: Some institutions may use this dip to accumulate — watch large wallet flows.
• Catalysts to Watch: Upcoming macro data (CPI, jobs, Fed comments) and crypto regulation updates.

Conclusion:

This correction might be painful but not necessarily bearish in the long run. Traders should tread carefully, use risk controls, and watch for reversal signals.