The cryptocurrency market is facing a negative trend, with Raydium (RAY) falling by 6.09% in the last 24 hours, surpassing the general market decline of 1.93%. Despite this drop, projections for Bitcoin remain optimistic.

Raydium has shown underperformance against BTC, with a loss of 4.45%. However, RAY is expected to increase by 30.10% in the next five days, reaching a price of $6.26. In the long term, RAY has experienced significant growth of 237.84% in the last year, suggesting recovery potential.

The Fear and Greed index indicates "Greed," reflecting cautious optimism in the market.