The crypto market is in freefall today, February 25, 2025, marking one of the sharpest drops of the year. As of 11:00 AM PST, Bitcoin has plunged 7.5% to $88,450, Ethereum’s down 9.8% to $2,385, and Solana’s taken a brutal 14% hit to $135.90. The total market cap has shrunk 9.6% to $3.01 trillion, with $195 billion traded in the last 24 hours—a 42% volume spike signaling mass panic. What’s behind this mess, and what can traders watch for?
The trigger’s a mix of macroeconomic jolts. U.S. tariff threats from Trump’s latest press conference—25% on Canada and Mexico—rattled risk assets overnight. Add the Fed’s looming rate decision whispers, and you’ve got a recipe for a sell-off. Bitcoin broke its $90K support like glass, dragging altcoins with it. Ethereum’s $2,400 floor caved, and $XRP’s slid from $2.50 to $2.25 in hours. Over $1 billion in longs got liquidated, per Coinglass—leverage burned fast.
Charts tell the tale. Bitcoin’s 4-hour RSI sits at 32—oversold territory—while its wick hit $87,800 before a slight pullback. Solana’s volume doubled to $19 billion as it tested $134, hinting sellers might be tiring. $ETH’s daily chart shows a 10% red candle, but active addresses dropped 5%, suggesting holders aren’t dumping yet. These are exhaustion signals—panic peaks often precede stabilization.
Fear’s thick—Crypto Fear & Greed Index crashed to 22 from 49 in a day. Historically, sub-25 readings—like January’s 19—flip to rebounds within 48-72 hours; $BTC gained 10% after that dip. Today’s not calling a bottom—$85K looms if $88K fails—but the data’s there. High volume, oversold metrics, and whale buys (6,000 BTC scooped at $88K lows) hint at a shift.
Traders, zoom in. Watch $88K for BTC—if it holds, $92K’s next; if it breaks, $85K. $ETH at $2,380 needs to reclaim $2,400, or $2,300’s in play. $SOL’s $134 could bounce to $145 if volume fades. Crashes aren’t just pain—they’re data. For more breakdowns like this, check out https://cryptoanalyzes.com/. Stay sharp—the market doesn’t wait.