{"id":20052,"date":"2025-10-28T08:17:35","date_gmt":"2025-10-28T08:17:35","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=20052"},"modified":"2025-10-28T08:17:37","modified_gmt":"2025-10-28T08:17:37","slug":"understanding-decline-in-crypto-market-today-key-factors-explained","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/understanding-decline-in-crypto-market-today-key-factors-explained\/","title":{"rendered":"Understanding the Decline in the Crypto Market Today: Key Factors Explained"},"content":{"rendered":"\n

Crypto Market Shows Technical Consolidation<\/h2>\n\n\n\n

The total crypto<\/a> market capitalization currently stands at $3.81 trillion<\/strong>, marking a decline of $7 billion<\/strong> in 24 hours. This pullback comes after an intraday peak of $3.89 trillion<\/strong>, reflecting a natural consolidation phase following the recent uptrend. Trading volumes remain robust, but velocity is decreasing, indicating that investors are adopting a wait-and-see approach amid the current volatility.<\/p>\n\n\n\n

\"TOTAL<\/figure>\n\n\n\n

The support level at $3.81 trillion<\/strong> represents a critical zone for TOTAL. As long as this technical base holds, the bullish scenario remains valid, and a recovery toward $3.89 trillion<\/strong> remains feasible in the short term. However, a bearish breakdown would expose the market to a test of $3.73 trillion<\/strong>, a level corresponding to a major historical demand zone.<\/p>\n\n\n\n

The relative strength indicator suggests a market in equilibrium, neither overbought nor oversold. This technical neutrality leaves the door open to both scenarios, making observation of upcoming sessions crucial for confirming the trend.<\/p>\n\n\n\n

Bitcoin Stuck Below the $115,000 Barrier<\/h2>\n\n\n\n

The BTC<\/a> is currently trading at $114,090<\/strong> after touching $113,400<\/strong>, hitting the $115,000<\/strong> resistance level for the umpteenth time. This price zone has acted as a glass ceiling for several days, with successive rejections indicating organized selling pressure at this level. Long-term holders appear to be using this zone to reduce their positions<\/strong>, creating a temporary imbalance between supply and demand.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Immediate support levels are located between $112,500 and $109,600<\/strong>, corresponding to an order block on the 16H timeframe<\/strong>. A pullback to these zones would constitute a healthy technical correction and an opportunity to accumulate before a potential rebound, allowing for the absorption of speculative excess. The RSI remains in positive territory, oscillating around 60, indicating that the bullish momentum isn’t broken despite the current stagnation.<\/p>\n\n\n\n

If Bitcoin<\/a> manages to break through the $115,000 resistance with convincing volume, the next target sits at $117,261<\/strong>. This narrow range technical configuration typically precedes a strong directional movement, either upward or downward. Traders are closely watching momentum signals and volumes to anticipate the next impulse.<\/p>\n\n\n\n

Regulatory Developments Weighing on Sentiment<\/h2>\n\n\n\n

The announcement of U.S. sanctions against Huione Group<\/strong> casts a shadow over the market. This Cambodian group is accused of laundering 15.9 billion Korean won (approximately $12 million)<\/strong> via exchange platforms using Tether<\/strong>. This news reminds us that the regulatory environment remains a major risk factor for the crypto ecosystem, particularly in Asia where authorities are intensifying their surveillance.<\/p>\n\n\n\n

Paradoxically, the imminent launch of ETFs for Solana and HBAR by Bitwise and Canary Capital<\/strong> represents a positive signal<\/strong> for institutional adoption. These products mark a diversification of investment vehicles beyond Bitcoin and Ethereum<\/a>. HBAR has already surged by 10%<\/strong> while SOL is preparing for a rally toward $220<\/strong>. This disconnect between positive fundamental developments and price action demonstrates a market dominated by short-term uncertainty.<\/p>\n\n\n\n

MYX<\/a> Finance<\/strong> perfectly illustrates this volatility with a 12% drop in 24 hours<\/strong>. The token is nevertheless defending its support at $2.64<\/strong>, a level tested multiple times. The Parabolic SAR indicator remains positively oriented, suggesting that a rebound toward $3.73<\/strong> remains plausible if buyers regain control.<\/p>\n\n\n\n

Altcoins are ready to explode ahead of tomorrow’s FOMC announcement. Buy your altcoins like HBAR, SOL, and MYX<\/strong> directly on Bitget<\/strong>. Take advantage of a $10 bonus offer<\/a><\/strong> for your first purchase:<\/p>\n\n\n\n

\"cta<\/a><\/figure>\n\n\n\n

On the same topic:<\/strong><\/p>\n\n\n\n