Bitcoin $84,164.68 and other large crypto currencies, asian sessions after the profit sales declined. Bitcoin lost more than 3 %and fell below $ 84,000. Ethereum 
$1,968.79While losing a level of $ 2,000, a 5 %decrease in Solana. The total value of the crypto currency market decreased by 3.2 %in the last 24 hours. Analysts warn that investors should be cautious.
Hard decreases were seen after profit sales
Snow sales in the crypto money market from yesterday evening hours, led to loss of value in large tokens. Bitcoin went below $ 84,000 from $ 86,000. Ethereum declined by losing critical $ 2,000 support. Solana, 5 %depreciated, while the XRP rise trend continued partially. The XRP managed to balance with an increase of 4.8 %after the 10 %rise at the beginning of the week.
BNB Chain’s tokene, on the other hand, made an increase of more than 8 %on a weekly basis. This shows that investor interest in some Altcoins continues. However, the general picture reveals that a cautious approach is adopted in the crypto currency market. Especially the decrease in Bitcoin has also pulled the total market value down. In the last 24 hours, the total value of the market decreased by 3.2 %.
Analysts say that these decreases depend on short -term profit sales. However, it is pointed out that prices are approaching critical support levels. Breaking these levels can trigger larger decreases. For this reason, investors need to carefully monitor market movements.
FED effect and investor expectations
The Fed’s last meeting was not reduced to interest. However, it is announced that the quantitative tightening program will be reduced from April. This development was interpreted by some investors as an indirect relaxation step. Although there was a short -term rise in the crypto money market after the announcement, this movement was not permanent.
The option markets have seen remarkable changes. Bitcoin’s probability of exceeding $ 100,000 by June 30 increased from 20 %to 30 %. The Ethereum side was also observed to increase in purchasing positions. Investors have a more balanced expectation that Ethereum will remain at the level of $ 2,000.
Expert names made evaluations about the market. Crypto Analyst Sean Dawson said Bitcoin’s possibility of increasing over $ 100,000 has increased significantly in the last 24 hours. Analyst Alex Kuptikevich stressed that the market is still not closing above a 200 -day moving average. According to him, the protection of this level is quite critical in terms of market dynamics.
Analysts point out that sudden price movements are both opportunities and risks. For this reason, investors are recommended to closely monitor the decisions and technical levels of the Central Bank.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
