#BTC Why is the red market today?

1. End of the month — profit taking: At the end of the month, there is often profit taking by funds, traders, and large players. This can create pressure on the price.

2. Uncertainty with macro data in the USA: Investors are waiting for fresh macroeconomic data, including an update on inflation (CPI) or the Fed's decision on rates. Any tension or expectation of 'hawkish' policy is a risk signal for crypto.

3. Weak growth after BTC halving: The market expected a stronger impulse after the Bitcoin halving (which took place on April 20). The lack of significant growth leads to a short-term loss of confidence.

4. Manipulations before the altcoin season begins: Sometimes, large players 'clean out' positions of weak hands before a new growth phase — first a dump, then an impulse.

5. Decline in trading volumes: In recent days, trading volumes on many exchanges have decreased, indicating market indecision. In such conditions, it is easy to 'push' prices down.