In the latest analysis from XBTManager, the cryptocurrency market is expected to continue its short-term decline until a solid bottom is established. The ongoing fall is seen as a selling opportunity, particularly on the Coinbase side, with no recovery yet visible on the index side.

However, the market's current state is viewed optimistically as a 'liquidity hunt.' Once sufficient liquidity is obtained, the market is projected to resume its upward trajectory, aligning with the major bull structure. This perspective suggests a positive long-term outlook for the blockchain and crypto sector, despite the current market downturn.