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Crypto market cap slumps to eight-month low as bearish sentiment deepens
The cryptocurrency market has dropped to $2.93 trillion, its lowest level in eight months, wiping out gains from 2025.
Investors are fearful, with altcoins expected to fall further and sentiment indicators showing “extreme fear.”
Bitcoin’s outlook is mixed, with some analysts warning of a drop to $10,000 while others see buying opportunities.
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🪙BTC $86.5K & $89K are the short term levels to watch with some decent liquidity clusters.
Price did already take and sweep the local liquidity below yesterday, so that $89K is the one to watch today in my opinion.
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#BTC still moving back and forth of the range but this time it game a new internally lower low. Nothing still clear, have to wait more, fundamentally driving market crazy and too predictive now. Also, Year end is near, we can have less volume too, which can lead in easy and heavy manipulation.
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