Are Cryptocurrencies Dropping?

The recent sharp decline in the crypto market is driven by a mix of factors: major token unlocks triggering large-scale sell-offs, global risk-off sentiment due to weak economic data, and fears of further interest rate hikes. Additionally, rising regulatory uncertainty in several countries has added downward pressure. My outlook: this correction appears short-term, with a potential technical rebound in the coming weeks—especially if Bitcoin holds above $60,000. Caution is advised; focus on capital protection, wait for strong support zones before re-entering positions.

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