The market capitalization of crypto drops to its lowest level in 8 months • Do you need to know the reasons? This post is for you.

The market capitalization of crypto drops to its lowest level in 8 months

• The total market cap of the digital currency market has fallen to $2.93 trillion

• This is the lowest level since April

• A large part of this year's gains has been wiped out

🔻 What happened in numbers?

• A loss of nearly 33% from the all-time high of $4.4 trillion

• A decline of about 14% since the beginning of the year

• The market has returned to the mid-range of its moving price since March 2024

🇯🇵 Japan's decision increases uncertainty

• Bank of Japan raised interest rates to 0.75%

• The decision increased tension in global markets

• Some analysts expect continued short-term pressure

• Bitcoin recorded a temporary rebound of +2.3% with no change in the overall trend

⚠️ Short-term scenario

• Possibility of entering a capitulation phase (Capitulation)

• Altcoins may decline between 10% – 20%

• Any potential rebound could be quick after a strong sell-off

💡 Is this the time to buy?

• The decline is due to macroeconomic pressures

• Investors' risk appetite is weak

• Some analysts see it as a gradual accumulation opportunity

• Preferably avoid random buying or fully deploying liquidity

😱 Sentiment at extreme fear levels

• Fear and Greed Index at 16

• The market is in a state of extreme fear

• Historically, these levels precede sudden rebounds

🧠 Summary

• The market is volatile, and the short-term trend is unclear

• Better to focus on cash

• Use DCA instead of lump-sum entry

• Stay away from hype and emotional decisions.

#DOGE #PEPE #SHİB #DOGS

$DOGE ‌
$PEPE ‌
$SHIB ‌