Altcoins crash as Bitcoin falls to 101,724 USD: LDO, JUP, and FET take the double-digit hits

Bitcoin fell over 3% to 101,724 USD after Circle’s IPO, displaying a bearish trend. It shows a potential breakdown in the Head-and-Shoulders pattern near 102,250 USD, with immediate support at 100,860 USD.

Lido DAO (LDO) dropped 14% and is near key resistance at 0.80 USD, risking a decline below 0.741 USD. Jupiter (JUP) fell over 11%, breaking the 0.50 USD psychological level, targeting support at 0.4019 USD.

FET faced losses around 0.70 USD, with significant risks of further declines. If it falls below this level, it may reach the psychological threshold of 0.50 USD.

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