The cryptocurrency market is experiencing a wave of intense fluctuations, with mainstream digital assets such as Bitcoin (BTC) and DOGE facing crucial support levels. Currently, the focal point of the market is whether Bitcoin can hold the key position of $114,000. If this level is breached, it could trigger a deeper pullback, and may even threaten the psychological level of $110,000.

This wave of decline has affected most small crypto assets, leading to a cautious overall market sentiment. However, there are still a few strong-performing altcoins that demonstrate resilience, providing some hope for investors.

The current market situation poses a severe challenge for bullish investors. If there is no stabilization and rebound in the short term, it may trigger more investors to cut losses and exit, further intensifying market pressure. However, experienced traders believe that maintaining calm and rationality is crucial in such a highly volatile market environment.

Despite the current severe situation, market participants remain cautiously optimistic. They believe that as long as key support levels can hold, the market still has the potential for a rebound. However, investors also need to be mentally prepared for various possibilities, including the potential for further declines.

In this period of uncertainty, closely following market trends and managing risks effectively will be key factors in whether investors can survive and potentially profit during this round of market adjustments.