Crypto Market Downtrend (31-May-2025) – Key Reasons
The crypto market is bearish today due to:
1. Technical Breakdown – Bitcoin broke below $106K support, with bearish MACD and RSI signaling further downside .
2. ETF Outflows – After 10 days of inflows, Bitcoin ETFs saw $346M in outflows, triggering sell pressure .
3. Options Expiry – $11.5B in BTC options expired, increasing volatility and liquidations .
4. Macro Uncertainty – Stagflation fears and Fed rate concerns dampened risk appetite .
5.Altcoin Weakness – Low Altseason Index (16) shows capital fleeing to BTC, worsening the drop .
Watch $101K BTC support—breach could deepen losses .
