- Current Trends in the Cryptocurrency Market
- Signals Indicating Continued Market Pressure
- Market Outlook Until Late 2025
The cryptocurrency market is likely to experience prolonged instability in the near future. CryptoQuant data indicates significant market cooling and a characteristic extended sideways trend.
Current Trends in the Cryptocurrency Market
Since March, the cryptocurrency market, especially Bitcoin, has attempted to push upwards on five separate occasions. However, it has failed each time to maintain a sustained upward trend.
Signals Indicating Continued Market Pressure
One of the signals pointing to the fact that the market is currently experiencing some difficulties is the short-term/long-term SOPR moving average, which has recently shown a 'Dead Cross'. This indicates that the market might be under further pressure in the future.
Market Outlook Until Late 2025
The current state may be very discouraging for investors but it is advisable to hold their horses. It appears that a stronger rebound might only take place in 2025. There might be a prolonged period before the market reaches any new highs, and volatility is likely to remain low for quite some time. This will depend on different economic indicators and any changes in market rules and regulations. Lastly, despite short-term positivity as the next base rate cut approaches, CryptoQuant data revealed that the cryptocurrency market is anticipated to continue struggling. Investors should prepare more for gradual and slow market movement and should not expect higher rates until the later part of 2025.
The cryptocurrency market is expected to face instability in the coming years. It is unlikely that significant recovery will occur before 2025, and investors should prepare for long and gradual market shifts.
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