Matrixport: Breaking Key Support Levels Will Trigger Concentrated Stop-Losses, Market Faces Low Trading Volume and High Risk
ChainCatcher reports that Matrixport has released today's market analysis. Although the macro environment is favorable for crypto assets, the significant decline in trading volume is increasing the risk of forced liquidations, and long positions are easily affected by minor shocks.
Despite the market's consensus expectation that the Federal Reserve will enter an interest rate cut cycle, historical patterns show that this phase is often accompanied by volatility. After this Federal Reserve meeting, U.S. Treasury yields rose, further increasing market pressure. If crypto market prices fall below key technical support levels, stop-loss orders will be triggered collectively, and the deleveraging process will unfold rapidly. In an environment where the trend is still unclear, it is especially important to control risk exposure and remain cautious.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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