Based on technical analysis, the asset's price hit a high of $793.86 before dropping to $699.63, indicating a potential bearish correction. The Moving Averages (MA) suggest mixed trends, with shorter-term MAs crossing below longer-term ones, signaling potential weakness. The volume spike near the price drop highlights increased selling pressure.
Google Trends data for cryptocurrency interest aligns with market activity, showing a rising curiosity in altcoins, while broader market data from Binance indicates cautious sentiment. Traders should monitor resistance levels near $732 and support at $661 for the next moves. Risk management remains crucial as the market stays volatile.