Cryptocurrency
markets are trading under pressure Wednesday as Bitcoin holds near $87,700,
down a marginal 0.2%, while Ethereum, XRP and Dogecoin face modest losses amid
regulatory uncertainty and consolidation fatigue. The entire crypto market is
stuck in a holding pattern ahead of the holiday period, with 75% of the top 100
coins now trading below key moving averages.
In this article, I answer
the question of why cryptocurrencies are falling and analyze the BTC/USDT,
ETH/USDT, XRP/USDT, and DOGE/USDT charts, drawing on more than ten years of
experience as a trader and analyst.
Global
risk-off sentiment and fading liquidity
