- The Immutable X market is facing a negative trend, with a decline of 4.06% in the last 24 hours, surpassing the 2.40% decrease of the crypto market overall. The coin has shown underperformance against BTC, losing 8.43%.

- Despite the bearish sentiment and a Fear and Greed index at 83, indicating extreme greed, IMX is expected to increase by 30.02% in the next 5 days, reaching $1.65.

- The volatility of the crypto market is high, but optimism about BTC remains strong, which could offer long-term opportunities in the sector.