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Bitcoin and Ethereum drop amid inflation data and U.S. equity declines, suggesting further market weakness.
Bitcoin Mayer Multiple signals a fairly valued market, while STH MVRV Bollinger Band suggests an oversold condition, indicating potential upside.
Coinglass data highlights that Bitcoin's drop below $107,000 could trigger $1.127 billion in long liquidations on major exchanges, with shorts at risk above $110,000.
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