The cryptocurrency market 🪙 has witnessed a wide-scale crash in recent hours, affecting almost all digital assets without exception. This decline was not just a simple corrective movement, but rather akin to a storm of mass selling 🌪️ that caused a loss of hundreds of billions 💸 in market value within a short period.

🔥 Current scene details:

Bitcoin (BTC) 💣: It has dropped sharply and broken critical support levels, raising fears of a drop to much lower areas.

Ethereum (ETH) ⚡: It followed the same path with compounded losses, and the indicators show that selling pressures have not yet reached their end.

Alternative currencies (Altcoins) 🌊: From Solana SOL to Cardano ADA and VeChain VET, all are bleeding heavily, with some recording their worst performance in months.

📊 Indicators and analyses:

The technical indicators RSI & MACD show that the market is still under selling pressure (Oversold not yet completed).

The high trading volume 🔊 confirms that there are massive liquidations from major investors (whales 🐋).

Continued panic among individual investors 😱 is pushing the market further down.

🌍 External influencing factors:

1️⃣ Global economic tensions 📉 related to central bank monetary policies 🏦.

2️⃣ Concerns about inflation and recession negatively impacting high-risk assets.

3️⃣ Lack of positive news or supportive catalysts for market recovery.

⚠️ Recommendation:

🚫 Buying now = very high risk.

⏳ The best is to wait until the end of the week, where the market is likely to experience further decline 🔻 that has not yet touched its bottom.

💡 Only when clear stability signals appear or a strong bottom is formed can one consider gradual entry.