🔥Selling Pressure Rises, Market Tests Resilience

The crypto market is once again facing continued pressure with most assets moving lower. Bitcoin remains the main indicator of direction, while Ethereum and most altcoins follow the trend with higher volatility.

Technically, this condition indicates a short-term distribution phase after a previous upward period. Breaking through key support levels triggers leverage position liquidations and accelerates price declines. Increased trading volume during price drops indicates dominance of selling pressure.

However, in the context of market cycles, such phases are not new. Corrections serve as a balancing process before the market forms a new structure. Long-term investors typically use this period to evaluate project fundamentals, while short-term traders focus more on trend confirmation and risk management.

Some key points to note:

• BTC price movement as a primary indicator of market sentiment
• Stability of volume and price reactions at strong support areas
• Global macro conditions affecting risk assets

In conclusion, a still-red market demands discipline, patience, and a measured strategy. Protecting capital remains a top priority amid high volatility.

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