After a wild October rebound, the crypto market just took another sharp turn.

Bitcoin tumbled below $106,000, wiping out its early-month gains — and dragging the rest of the market down with it.

Altcoins felt the pain even harder: Ethereum dropped below $3,800, while Solana and XRP both lost over 8% in 24 hours. Across the market, over $1 billion in leveraged positions were liquidated in a single day. Ouch.

Crypto stocks weren’t spared either — Circle fell 7%, Gemini 6%, Coinbase 4%, and Strategy 3% — as investor sentiment took another hit heading into November.

So, are we in for a crypto winter sequel? Not so fast.

FundStrat’s Tom Lee — one of Wall Street’s most closely watched crypto analysts — is still calling for a massive year-end rally, with targets of $200,000 for Bitcoin and $7,000 for Ethereum before 2025 closes. His reasoning? Fundamentals are finally outpacing prices.

Institutional accumulation is still climbing. ETF inflows remain steady. Stablecoin supply — a key liquidity indicator — just hit a 10-month high. And on-chain data shows whales quietly buying the dip.

In other words: this could be the market’s way of shaking out weak hands before the next leg up.

For traders, volatility means opportunity — and for Cointiply users, it’s a reminder that you don’t have to trade to earn.