• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

A Week of Decline on the Crypto Market: Opportunities for Reversal

user avatar

by Giorgi Kostiuk

3 months ago


In the past week, the cryptocurrency market showed a significant downturn, dropping by approximately 5.86%. This has sparked an increase in selling interest. Experts suggest that excessive bearish sentiment may signal a market reversal.

Crypto Market Performance: A Tough Week

On Monday, January 6, the crypto market reached a weekly peak of $3.54T. However, by Tuesday, January 7, it witnessed a severe single-day drop of 5.69%. By the second-to-last day of the week, the market had plummeted to a low of $3.16T. On Friday, January 10, attempts by buyers to push the prices higher resulted in only a 2.21% growth, far from the 11.07% needed to recover from the slump.

Rising Crypto Selling Interest

Reports indicate that the decline in the crypto market has triggered a sharp increase in selling interest among traders. Increased selling interest can exert strong downward pressure on crypto prices.

Bearish Sentiment and Historical Trends

During the Q4 bull rally, heightened bearish sentiment preceded price surges. Citing this historical trend, experts suggest that when sentiment becomes overly bearish, it often leads to potential rebounds. This indicates that there may be no reason to panic over the current market pessimism.

Despite a challenging week for crypto traders, the rise in bearish sentiment might signal a market rebound. Historical patterns show that extreme bearish sentiment can lead to significant price surges.

0

Share

Other news

Nexchain: A Promising Project at the Intersection of Blockchain and AI

Nexchain represents a new project in the blockchain market integrating AI for high speed and efficiency.

user avatarGiorgi Kostiuk

6 minutes ago

Crypto Fear & Greed Index Signals Recovery

Crypto Fear & Greed Index rises to 25, indicating increased investor confidence despite caution.

user avatarGiorgi Kostiuk

7 minutes ago

Dollar Shows Strength While Euro Weakens: Analyzing Forex Trends

Exploring recent shifts of the dollar and euro in the Forex market and their implications for the economy and traders.

user avatarGiorgi Kostiuk

9 minutes ago

OKX Fined €1.1 Million by Malta for AML Violations

Crypto exchange OKX fined €1.1 million by Malta for systematic breaches of anti-money laundering regulations.

user avatarGiorgi Kostiuk

11 minutes ago

How the Energy Crisis is Shaping Bitcoin Mining in 2025

In 2025, rising electricity prices reshape the Bitcoin mining landscape, creating demand for cloud solutions to reduce costs.

user avatarGiorgi Kostiuk

16 minutes ago

Strategic Cooperation Between Kyrgyzstan and Changpeng Zhao to Develop Blockchain

Kyrgyzstan has signed a Memorandum of Understanding with Changpeng Zhao to develop blockchain infrastructure and cryptocurrency.

user avatarGiorgi Kostiuk

19 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.