The cryptocurrency market is currently experiencing bearish trends. Four (FORM), trading around the $1.26 mark, reflects this downturn. Over the last 24 hours, FORM has suffered a significant drop of over 17.94%, losing value from its opening price of $1.50 to a low of $1.14 before briefly rebounding to $1.63. This lackluster performance is mirrored across Bitcoin (BTC) and Ethereum (ETH), as the market becomes fatigued by constant fluctuations. 483.52 million dollars in market cap, a significant drop from previous highs. However, there are some notable points of interest: volume has recently decreased to $834.13 million, and trading activity shows signs of liquidation, with a loss of over $2.56 million worth of FORM as per Coinglass data. 4 (FORM) technical indicators suggest a potential bearish trend, with the MACD line below its signal line, signaling weakening momentum, and the CMF indicator at -0.18, indicating dominance from selling pressure. While the asset currently trades around $1.26 with a neutral RSI of 50.98, the lack of buying activity and a bearish BBP value (-0.0983) suggest a continued downward trend unless buying interest increases.