Analysis: The drop in BTC below the $81,000 mark may be due to factors such as the situation in the Middle East and insufficient liquidity over the weekend.

According to ME News, on February 1st (UTC+8), Bitcoin's price fell below $81,000 due to weak market liquidity over the weekend, amplifying selling pressure. Market participants also pointed to tensions in the Middle East, uncertainty surrounding the US government shutdown, and cautious sentiment within the crypto market as factors collectively weighed on risk assets. Market data shows that Bitcoin's price fell approximately 2.2% in the past 24 hours. Weekend trading volumes typically decrease, making prices more prone to rapid fluctuations. The market is currently still in a range-bound trading pattern. Traders are watching whether Bitcoin can attract new buying in the $80,000-$82,000 range; otherwise, if weekend selling pressure continues, the price may fall further. (Source: ME)