After repeated highs earlier this year, the crypto market is under pressure again â and the downward trend seems to be deepening.
đģ Whatâs going wrong:
Bitcoin (BTC) recently plunged more than 30 % from its October peak.
Overall market-wide sell-offs, weak institutional demand and macroeconomic headwinds (like interest-rate concerns) are fueling uncertainty.
Even though occasional âgreen daysâ (price upticks) occur, theyâre often ârelief bouncesâ, not backed by strong buying or long-term conviction.
â ī¸ What this means for investors/traders:
The drop suggests we might still be deep in a âbearish cycleâ â momentum is weak and risk remains high.
Short-term rallies are possible, but theyâre fragile; without major catalysts (macro-economic clarity or renewed institutional demand), the bearish pressure might resume.
For risk-averse investors: this isnât the time to chase hype. For traders/open-position holders: careful risk-management (stop-losses, position sizing) is more important than ever.
đ What to watch for next:
Macro news: upcoming interest-rate decisions or economic signals â such events can either add fuel to the downtrend or trigger a bounce.
Institutional flows: whether big funds or âwhalesâ start entering (or exiting) crypto again could shift sentiment sharply.
Support levels: if prices break key support zones, we could see deeper declines; if they hold, a consolidation or slow recovery might begin.
