$100k and $3k ETH in Danger

Group 1 - The crypto market is experiencing a significant downturn, with Bitcoin nearing levels not seen since June, indicating a potential full retracement of gains made in Q3 and early Q4 [1][2] - Over the last 24 hours, more than $550 million in Bitcoin has been liquidated, contributing to a total of nearly $1.8 billion lost across all crypto markets [1] - Bitcoin is trading below the critical $100,000 level, which is seen as a pivotal price point for maintaining market confidence [2] Group 2 - Ethereum is facing a sharper decline than Bitcoin, approaching the $3,000 mark, which is its lowest level since July [3] - Traders are increasingly positioning for further declines, with December 26 expiry options showing rising volumes for puts below the $2,000 level, indicating bearish sentiment [3] - The market is under pressure from large sell orders, creating a reflexive situation that could exacerbate the downward trend unless positive news emerges [4]