When tariff headlines hit markets, crypto didn't stand a chance—$100 billion evaporated almost instantly. That's the kind of move that catches everyone off guard.

Before the selloff, $94,500 had become that critical support level we were watching. Traders were eyeing it as a line in the sand for Bitcoin's momentum. But the price action didn't hold. The support cracked, and what looked like a potential breakout just collapsed.

So what went wrong? When macro shocks hit this hard, technical levels mean less than sentiment does. The upside rejection at that key level suggests buyers simply couldn't defend the price when the broader market started panicking.

Now comes the hard part—understanding what this breakdown tells us about the next move. Was this just a shake-out, or something more serious? The autopsy matters for anyone positioning for what's ahead.