But they said the same thing before the crashes in 2017 and 2021

This is crypto! The risks are always there, and it’s crucial to understand them

🧵: All the bearish signals on the market today 👇

Let’s start with the king of crypto: Bitcoin.

After $BTC crossed the $100,000 mark, whale behavior shifted significantly.

A week ago, the net asset flow was +28,570 BTC, but now it has dropped to -3,960 BTC.

Negative net flow means whales have offloaded approximately $400 million worth of Bitcoin.

There’s another worrying trend emerging: a decline in the number of long-term holders.

If you check the CryptoQuant chart, it’s clear that $BTC outflows from exchanges are slowing down.

This suggests that more people are keeping their Bitcoin on exchanges — typically a sign they’re preparing to sell in the near future.

It’s becoming evident that more whales are focused on short- or medium-term gains.

⬇️

If you pull up a standard BTC/USD chart and enable the MACD indicator, the picture becomes even more concerning.

MACD measures momentum: positive values signal bullish sentiment, while a downturn indicates the opposite.

Right now, the chart shows the blue line dipping below the orange line, signaling negative momentum.

If selling pressure continues to build, there’s a chance that $BTC could drop below $100,000 once again.

⬇️

Now, let’s talk about Ethereum.

Despite some major wins this year — like the Dencun upgrade and the approval of an ETH ETF in the U.S. — the network still faces significant challenges.

Transaction fees remain sky-high, and with the growing adoption of Layer 2 solutions, ETH is steadily losing its market dominance.

Despite its high price, Ethereum’s dominance is currently hovering around 13% — a level we haven’t seen since 2021.

In the last cycle, ETH was essentially the face of altcoins, setting the pace for their growth. However, this time around, things could take a different turn.

Binance's report highlights Ethereum’s significant contribution to the growth of DeFi technologies, but it also underscores the serious challenges the network still faces.

In my view, overcoming these hurdles will be the defining issue for Ethereum this cycle.

⬇️

Now, let's talk about Solana.

The price of $SOL has been dropping steadily for the past few days, and there's a high chance that the support at $200 won't hold.

On the daily chart, it's clear that Solana has been in a downtrend since November 23.

This pattern is bullish long term, yes but we don’t know when the breakout can come

⬇️

Moreover, the decline in SOL's value over the past few weeks has caused it to break below its 20-day Exponential Moving Average (EMA).

This situation indicates a strong downtrend, and I believe that in the coming week, bears will be in control of the market.

In short, there are two possible scenarios:

• Positive: If the bulls manage to break through the 20-day EMA resistance at $227, SOL could potentially reach a new ATH.

• Negative: Increased selling pressure could push the price down to $200.60, and if it doesn't hold, the next target would be $187

⬇️

Overall, despite some issues, I'm feeling optimistic about the market's near future.

I wrote this article to make you realize that there's no such thing as a guarantee.

No one can claim that the market is problem-free and everything is looking up.

Hope you enjoyed it📈