1. The Market Is Correcting
Total capitalization has decreased by approximately 3.9% and now stands at around $3.54 trillion. Trading volumes have increased — a sign of growing anxiety among market participants.
2. Bitcoin Loses Ground
The price dropped below $104,000, which is almost 18% lower than October highs. The $100,000 level has become an important psychological support zone.
3. Privacy Coins Gain Strength
Privacy-focused tokens (Dash, Decred, Zcash) are showing double-digit growth despite the overall market decline.
4. Derivatives Liquidations
Liquidations of long positions exceeded $1 billion — triggered by support level breakdowns and a chain reaction of sell-offs.
5. Macroeconomic Impact
The Federal Reserve’s decision to keep interest rates steady and the strengthening of the U.S. dollar are putting pressure on risk assets, including cryptocurrencies. A detailed analysis of the macroeconomic impact on digital assets is available on ebtc.pro.
6. Institutional Players
Crypto funds are recording capital outflows; the lack of major institutional buying increases the market’s vulnerability to external shocks.
7. The Role of Information Platforms
Amid volatility, demand for analytical platforms that provide updates and insights for traders continues to grow.
8. Stability Among Some Altcoins
Several projects maintain stability thanks to unique technological features and alternative blockchain use cases.
9. Fear and Greed Index
The index has fallen into the fear zone: buying activity is declining, and liquidity is decreasing — a trend reversal or further sell-offs may follow.
10. Key Support for Bitcoin
Holding the $100,000 level could stabilize the market; a breakdown would open the way for further decline. Analysts are watching the $105–106K range as the next critical threshold.