Recent difficulties for altcoin traders have resulted in losses exceeding 60%. This period has tested market participants, observing significant price fluctuations and anticipating key Federal Reserve decisions.
Market Sentiments
The cryptocurrency market has undergone significant changes in recent months. Many assets have fallen below last year's lows, intensifying bearish sentiments. However, a reversal is possible; increases of over 800% also happen in the cryptocurrency market.
Market and Long-Term Investors
Current events, such as liquidity issues within the Solana network and situations surrounding Trump, lead to caution among short-term investors. Despite this, long-term investors continue to accumulate assets. Long-term holders have collected 179,000 bitcoins in the last month.
Bitcoin Technical Analysis
Analysis by Titan of Crypto shows positive expectations. In the four-hour chart, Bitcoin is approaching the upper boundary of the Kumo Cloud, a key resistance that, if breached, could confirm an upward trend.
Challenges in the cryptocurrency market continue to influence investor sentiment. Despite short-term fluctuations, long-term investors remain optimistic and strategically accumulate assets.
