We started the day with a decline in cryptocurrencies. #Bitcoin's decline below $105,000 also affected altcoins.
➖There were significant declines in all altcoins. The market was red.
It is annoying that altcoins and memecoins that could not accompany the rise of $BTC; fell more severely when BTC fell.
There is an expectation of an increase in the market. New investors are coming. Even in such an environment, they managed to push investors.
We do not know if the reason for these declines and the expected increases never coming is the futures markets, but let's say that spot investors are also having a hard time...
🟢 Despite many events in $BNB, the expected increases did not come. $ETH cannot rise above $4000. The Ethereum Foundation continues its sales.
▪️ $LUNC and $USTC continue to squeeze their investors. The expected attacks never come.
There are also declines on the memecoin side. We had deep declines in $PENGU. We see a reaction buying after the declines. Important memecoins such as $DOGE, $PEPE, $FLOKI also have declines of up to 5%.