Ether price still risks declining toward the $1,000-$1,400 range, according to a confluence of bearish technical and onchain indicators.

Over $2.6 billion was wiped out across the crypto market as institutions saw sub-$60,000 BTC as a buy-the-dip opportunity.

Panic selling by short-term holders, extreme fear, and oversold RSI suggested that BTC could be nearing the final phase of capitulation.

XRP’s bearish chart pattern signaled a possible price correction toward $1.22, fueled by declining demand and open interest.