Crypto Market Update: Panic, Pump, and What Comes Next✍️

Good evening my crypto friends! Hope you all are doing great. Honestly, today feels really good after a long time and why not 🤩 because Bitcoin is finally moving again. The market was boring, painful, and frustrating for months, but now things are getting interesting. Bitcoin recently dropped hard and tested the $60k area, even touching the 200-week moving average, which usually happens only in extreme market conditions. In just 24 hours, almost $2.5 billion got liquidated that’s huge. This crash actually became one of the top 10 biggest liquidation events in Bitcoin history. The start of 2026 hasn’t been kind either. Q1 has turned out to be one of the worst first quarters we’ve seen since 2014. Fear was everywhere, timelines were full of negative posts, and even big whales were sitting in losses. This market really tested everyone’s patience. But if you’ve survived crypto long enough, you know one thing panic moments create opportunities. The 200-week moving average has always been a strong level in Bitcoin’s history. We saw major bottoms around this zone in 2014, 2019, during the COVID crash, and again in 2022. Every time people said “Bitcoin is dead,” and every time Bitcoin proved them wrong. Right now, indicators like RSI are at very low levels, funding rates turned negative, and leverage traders got wiped out. All classic signs of fear and exhaustion.

That’s why I personally feel the $60k–$63k range is a very important zone. I’m not saying this is the exact bottom crypto never makes things easy 😅 but for spot buyers and DCA lovers, this area looks really good. Volatility will stay, fake moves can happen, and price may retest lower levels, but once panic settles, relief bounces usually follow. And trust me, when everyone stops believing, that’s when crypto does the unexpected. One last thing please stay away from leverage trading. This market doesn’t forgive greed. Focus on spot, stay patient, and enjoy the journey. Crypto always rewards those who survive the tough phases. That’s all for today. Let’s see how this story unfolds.

@abfarhan