$BTC
Update on the Cryptocurrency Index (excluding Bitcoin and stablecoins)
The index still fails week after week to break through the first weekly resistance level, which is a bearish signal reflecting the ongoing weakness in the market.
This behavior confirms weakness in liquidity (volume) and a decline in investors’ interest in alternative coins, making any attempts to rise so far limited and unconvincing.
#Altcoins
#Crypto
#Binance
#BTC
Update on the Cryptocurrency Index (excluding Bitcoin and stablecoins)
The index still fails week after week to break through the first weekly resistance level, which is a bearish signal reflecting the ongoing weakness in the market.
This behavior confirms weakness in liquidity (volume) and a decline in investors’ interest in alternative coins, making any attempts to rise so far limited and unconvincing.
#Altcoins
#Crypto
#Binance
#BTC