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#Краткое News

Over the past 24 hours, the cryptocurrency market has decreased by 1.22%, continuing the monthly decline of 4.75%. The main reasons are long positions liquidations with leverage, investors shifting to Bitcoin, and negative technical signals.

Leverage Position Liquidations – Long BTC positions worth $47 million have been liquidated, and derivatives trading volume increased by 41%
Sentiment Decline – The Fear and Greed Index dropped to 28 (Extreme Fear), and fund flows from altcoins are increasing
Bitcoin Dominance – BTC’s market share rose to 59.13%, indicating a protective strategy by investors

Detailed Analysis

1. Leverage Position Liquidations (Negative Factor)

Overview: Over 24 hours, long BTC positions worth more than $47 million have been liquidated, and derivatives trading volume increased by 41% to $279.86 trillion. Funding rates for futures contracts have become negative (-0.000236% for altcoins relative to BTC), encouraging short positions.

What it means: The market faced increasing selling pressure, with over-leveraged traders, especially on Bitcoin, forced to close their positions. This creates a vicious cycle: liquidations ➔ falling prices ➔ new liquidations.

What to watch: Open interest remains high — $741.98 billion. If funding rates continue to stay below zero, broader selling may persist.

2. Shift to Bitcoin Amid Risk Reduction (Mixed Impact)

Overview: Bitcoin’s dominance reached 59.13% (growth of 0.18% over 24 hours), amid capital inflows from altcoins. The altcoin season index dropped to 15 out of 100 — the lowest since April 2025.

What it means: Investors are seeking protection in Bitcoin amid macroeconomic uncertainty, leading to decreased liquidity in altcoins. ETH and XRP have declined by 1.79% and 3.45% respectively over the week.

What to watch: Breaking the critical support level for Bitcoin at $85 000 (according to CoinMarketCap) could trigger broader panic.

3. Technical Analysis (Negative Factor)

Overview: The total market capitalization of cryptocurrencies has fallen below the 30-day moving average ($3.03 trillion), testing Fibonacci support at $2.94 trillion. The RSI indicator (36.62) indicates oversold conditions, but no reversal signals are present yet.

What it means: Technical analysts see this as confirmation of a bearish trend. The MACD chart shows a slight bullish divergence (+4.59 billion dollars), but it’s not enough to change the overall market weakness.

Summary

The current decline results from a combination of leverage liquidations, a shift to Bitcoin as a safe haven, and breaking key technical levels. Despite oversold conditions that could lead to a short-term rebound, the main trend remains bearish until Bitcoin stabilizes above $88 000. Watch US PCE inflation data today — a rise could strengthen the correlation between cryptocurrencies and financial markets and increase selling pressure over the next 24 hours +0.95 compared to small market cap(.