Crypto Experts Predict Market Stabilization or Further Decline

Crypto market analysts are closely watching price levels as they grapple with a recent selloff, driven by both macro-economic factors and leverage unwind. While the current downturn is considered ‘material’ but not chaotic, experts predict whether it will stabilize or deepen in the coming weeks. Bitcoin, currently at around $96,000, faced its steepest drop since August 2022, triggered by large ETF outflows, sharp liquidations, and a shift in sentiment.