Bitcoin Below $117K — Treasury Firms Under Pressure

I'm seeing a sharp market unwind after Bitcoin fell below $117,000 and Ether slid toward $4,400, and that's squeezing digital-asset treasury managers and leveraged positions.

I expect continued volatility and potential forced selling as firms mark down holdings and meet liquidity needs, which could amplify downside in the near term.

I'll trim directional exposure, favor hedges and stop-loss discipline, and wait for clearer signs of stabilized volume and liquidity before redeploying capital.