📊Crypto Market Faces Cooling Period as Selling Pressure Mounts and Institutional Demand Slows
The cryptocurrency market is showing signs of cooling off after a period of intense growth. According to analysts at Glassnode, market participants are shifting away from the previous state of euphoria.
Institutional demand for crypto assets is weakening, and selling pressure is starting to increase. This shift suggests that the market may need a period of consolidation before a potential resurgence. With rising volatility and a drop in institutional interest, a correction may be on the horizon, giving the market time to stabilize before any future growth.🤔