On Monday, crypto markets fell as Bitcoin retested $85,000 and Ether touched $2,900, while leveraged longs saw $527M liquidated in 24 hours. Traders shifted risk after surveys and Fed chair speculation changed macro expectations, and AI-related debt concerns added pressure.

SOL has failed to hold above $145 for four weeks as Solana’s TVL fell by more than $10 billion from its September peak. Following the Oct. 10 market shock, memecoin trading cooled and DEX volumes retreated, while perpetual futures funding shows muted long demand at a 6% annualized rate.