The cryptocurrency market is under intense pressure as selling accelerates across the board. Bitcoin ($BTC) has fallen below $113,000, while Ethereum ($ETH) slid to the $4,100 zone. Major altcoins like Solana, Dogecoin, and Chainlink also posted double-digit weekly losses. With fear growing and momentum weakening, traders are asking the key question: how low can this crash go?
Total crypto market cap in USD - TradingView
Bitcoin ($BTC): Losing Grip on Support
$Bitcoin dropped to $112,951, down nearly 3% over the past week. The chart shows weakening momentum as BTC struggles to hold the $110,000–112,000 range. If support fails, the next targets are around $105,000, and in a worst-case scenario, $98,000 could come into play.
Ethereum ($ETH): Sharp Reversal
$Ethereum stands at $4,193, with a weekly decline of nearly 10%. Despite its strong rally earlier this month, ETH is now vulnerable. If selling continues, a fall toward $3,800 is likely, with a deeper correction eyeing $3,500.
XRP ($XRP): Struggling Below $3
XRP is trading at $2.82, posting more than 7% losses in a week. The coin has consistently failed to stay above the $3.00 psychological level. If momentum doesn’t return, XRP could test $2.50 and potentially $2.20 in a prolonged downturn.
Binance Coin ($BNB): Losing Strength After Rally
BNB, currently at $1,017, is still up nearly 9% over the week, but the latest dip shows weakening momentum. If bears dominate, BNB risks dropping back to $950, with extended downside toward $880.
Solana ($SOL): Breakout Fades
$Solana is now at $224.94, down nearly 7% this week. After a strong run above $250, the pullback looks sharp. If SOL loses $220, the next support lies around $200, with a potential dip toward $180 if panic selling sets in.
Dogecoin ($DOGE): Meme Weakness
$Dogecoin trades at $0.2403, down 13% in 7 days despite ETF hype. If the sell-off accelerates, DOGE could revisit $0.20 and even $0.18, erasing much of its summer rally.
Cardano ($ADA): Close to Breakdown
$Cardano is at $0.8221, down nearly 8% weekly. If ADA fails to defend the $0.80 line, bears may drag it toward $0.70, and deeper support waits at $0.60.
Chainlink ($LINK): Steep Decline
$Chainlink has slipped to $21.27, losing over 12% this week. The trend looks bearish, with the next downside levels at $19 and possibly $16 if the correction continues.
Other Altcoins: Red Across the Board
- TRON ($TRX): Now at $0.3355, risks falling toward $0.30.
- Hyperliquid ($HYPE): Dropped to $49.07, downside targets include $42 and $38.
Conclusion: A Deeper Crash Ahead?
The crypto market is flashing strong warning signs. While Bitcoin and Ethereum remain dominant, technicals suggest more pain may lie ahead. Key support levels across major altcoins are under threat, and if global risk sentiment doesn’t improve, we could be in for a deeper correction.
