Once Again All Hot Coins in Losers side... What Happened with Market ..?? Or It's again going for #Liquidations for all Long positions ..??
Market Downturn Analysis: $ADA , #LINK , $SHIB , $AAVE , and #LTC
The crypto market is taking a hit, with ADA, LINK, SHIB, AAVE, and LTC all posting notable losses. ADA is trading at $0.8730, down by 5.10%, struggling to find strong buying interest as it tests key support levels. LINK, at $23.15, saw a steep drop of 6.88%, showing bearish dominance as it approaches critical levels. SHIB, priced at $0.00002190, is down by 5.19%, continuing its trend of heightened volatility among meme coins.
The largest setback comes from AAVE, which plummeted by 10.85% to $342.54, signaling a lack of bullish confidence in DeFi assets. Lastly, LTC, trading at $104.80, has declined by 2.99%, maintaining relative resilience but still under selling pressure. These corrections reflect broader market uncertainty, offering potential entry opportunities for cautious traders monitoring key levels and waiting for bullish confirmations. Keep an eye on volume and momentum to navigate these volatile moves effectively.
