#当前行情分析：抄底还是观望？

The cryptocurrency market has significantly declined, and fears of an escalating trade war are sweeping the globe.
Bitcoin has fallen by about 7% since Sunday evening, hitting a low of $77,150. The second largest cryptocurrency, Ethereum, plummeted to $1,537, marking a new intraday low since October 2023.
U.S. President Trump imposed reciprocal tariffs on global trade partners, triggering panic over a tariff war, which has led to the evaporation of trillions of dollars in U.S. stock market value. On Monday morning in Asia, U.S. stock index futures continued to plummet, with safe-haven sentiment driving the yen to soar against the dollar.
Data shows that in the past 24 hours, bullish positions worth approximately $745 million in the cryptocurrency market have been liquidated, marking the highest level in nearly six weeks.
Sean McNulty, head of Asia-Pacific derivatives at a digital asset institutional broker, said the options market suggests that selling pressure is likely to continue to increase, with "demand for put options rising significantly."
He further pointed out that the key support levels for Bitcoin and Ethereum are at $75,000 and $1,500, respectively.
Previously, when Trump first announced the tariff plan, it triggered panic in the market, and cryptocurrency assets showed some resilience, seemingly indicating a possibility of breaking free from the drag of tech stock declines. However, Monday's plunge may suggest that cryptocurrencies are also hard to escape from this fate.