Crypto Markets See Steep Losses as Bitcoin Slides Below $23K, Solana and Altcoins Also Drop

• Major tokens dropped 5-8% in past 24 hours, with over $400M long positions liquidated • Bitcoin fell 5% to trade below $23K, unable to break $71K resistance • Analysts expect bitcoin to remain range-bound in coming weeks as long-term holders sell • Solana's SOL dropped 7% to $185 after briefly hitting $200, Dogecoin fell over 8% • Bitcoin Cash dropped 10% amid profit-taking after 40% weekly gain ahead of halving event