Following a brief rally, traders are taking profits, sending prices lower across the crypto space. The move reflects selling pressure as investors lock in gains and reassess risk. Market liquidity remains fluid, with several coins leading the pullback.
The downturn underscores the market’s sensitivity to rapid shifts in sentiment, and volatility is rising as capital flows rotate between assets. Analysts caution that the pullback could be temporary if demand reappears at key support levels. Traders are watching for early signs of stabilization before committing new capital.
While the decline may attract buyers at lower levels, risk appetite remains subdued in the near term. A cautious rebound could take shape if buyers step in at psychological levels and macro cues improve.
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