Matrixport's latest market analysis reveals significant corrections in major cryptocurrencies, with Bitcoin (BTC) dropping over 10% from $124,000 to approximately $109,000, and Ethereum (ETH) declining about 20% from $4,900 to $3,850. Despite these declines, the fear and greed index remains at 45, reflecting cautious market sentiment. Technical analysis indicates that BTC has found initial support near $109,000, while ETH faces critical support at $4,000 and $3,900. Momentum indicators suggest that the medium-term structure is still intact. As long as BTC remains above $110,000–$112,000 and ETH above $4,000, the current correction is likely a consolidation phase rather than a new downtrend.