Technical analysis shows: Most altcoins have an RSI in the 30-45 range, indicating an oversold condition 📊 Most cryptocurrencies have broken through key support levels, and the bearish trend is evident ⚠️
Market sentiment: News shows that Bitcoin ETFs have seen a net outflow for 5 consecutive months, with institutional funds withdrawing 💸 CryptoQuant data shows that new investors are selling off in large quantities, and the market is being washed out 🌊
Conclusion: Currently, the overall trend of altcoins is downward, and claims of an increase are unfounded ❌ #MLP
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CryptoNews_every_day
· 2025-08-27 06:40
I completely agree. We have been in a bear market for altcoins for a long time. To be precise, since December 2024, we have only been falling and updating the bottom.
Is #山寨币市值上涨2.64% true?
According to the latest market data, the claim that altcoins are rising is not true 📉
Major altcoins generally declined:
• ETH: $4,423, 24-hour change -3.74% 🔻
• SOL: $187.82, 24h change -4.81% 🔻
• ADA: $0.838, 24-hour change -3.02% 🔻
• AVAX: $23.38, 24-hour drop -3.54% 🔻
• LINK: $23.55, 24h change -4.17% 🔻
• UNI: $9.69, 24-hour change -5.56% 🔻
Technical analysis shows:
Most altcoins have an RSI in the 30-45 range, indicating an oversold condition 📊
Most cryptocurrencies have broken through key support levels, and the bearish trend is evident ⚠️
Market sentiment:
News shows that Bitcoin ETFs have seen a net outflow for 5 consecutive months, with institutional funds withdrawing 💸
CryptoQuant data shows that new investors are selling off in large quantities, and the market is being washed out 🌊
Conclusion: Currently, the overall trend of altcoins is downward, and claims of an increase are unfounded ❌
#MLP