Kronos Research CIO Vincent Liu told COINOTAG that recent inflation data has intensified bearish sentiment in crypto markets, compounding pressure from large-scale Bitcoin whale sell-offs and consequent leveraged liquidations. He framed these dynamics as a near-term stress on market liquidity.

Liu identified a key psychological support for Bitcoin at $100,000 and placed Ethereum support near $4,000, cautioning that breaches could prompt further downside and broader liquidity tightening. He emphasized that a sustained multi-period decline would be necessary to confirm a genuine bear market.

On the macro side, Liu highlighted the upcoming non-farm payroll release as a potential volatility catalyst: a materially stronger jobs print could curb risk appetite and pressure crypto, while weaker employment data might restore demand and dampen volatility.