The bitcoin-led crypto market correction has entered its third day, with Bitcoin losing an additional 3.5%, nearing $94,000. This follows a week where it came close to the $100,000 mark for the first time. Analysts anticipate that this correction, viewed as a natural phenomenon, could result in a decline of up to 10% from its peak, potentially dropping to as low as $92,000. Despite profit-taking, some investors see the current dip as a buying opportunity. Notably, major tokens like Solana and Cardano have also experienced significant losses. Market activity is characterized as highly volatile, with notable inflows of stablecoins indicating sustained bullish momentum. Experts emphasize that when short-term holders sell at a loss, it often leads to a market rebound. The broader sentiment suggests preparation for continued price fluctuations, with potential resistance at the psychological $100,000 level. Observers are cautious about the future direction amidst high levels of market leverage and overbought conditions across the board.

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