downtrend

1. Maintain a stable mindset – No FOMO, no panic.
Downtrend often discourages people and leads to impulsive actions.
→ Stay calm, avoid trading based on emotions.
2. Preserving capital is the top priority.
🚩 Limit the use of leverage (margin).
🔴 Actively cut losses at the right level if the strategy requires.
🏐 Keep a portion of assets in a safe form (USDT, cash… depending on the market).
3. Focus on learning and analysis.

Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monday that brought fresh momentum to a wide-ranging selloff.📉📉📉

Bitcoin slid as much as 8% to $83,824 in New York, bringing its decline since early October to almost 30%. Ether dropped as much as 10% to as low as $2,719, and is down 36% over the past seven weeks. The market downturn has been even tougher on smaller, less liquid tokens that traders often gravitate toward because of their higher volatility and typical outperformance during rallies. A MarketVector index tracking the bottom half of the largest 100 digital assets is down almost 70% this year.
The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October as President Donald Trump whipsawed markets with threats of higher tariffs, data compiled by tracker Coinglass show. That was just days after Bitcoin set an all-time high of $126,251. The automated closing of leveraged positions in crypto, such as the major event on Oct. 10, is sometimes referred to as a liquidation cascade.

Traders use liquidation data to assess leverage in the system, spot risk appetite, and gauge whether a market wipeout has truly cleansed excess speculation. But the numbers they rely on may be incomplete. Industry insiders have said exchanges restrict the full liquidation data they share, making it hard for traders to know how much leverage is truly in the system.

“It’s a risk off start to December,” said Sean McNulty, APAC derivatives trading lead at FalconX. “The biggest concern is the meager inflows into Bitcoin exchange traded funds and absence of dip buyers. We expect the structural headwinds to continue this month. We are watching $80,000 on Bitcoin as the next key support level.”

#BTCRebound90kNext? #crashmarket
#downtrend
$BTC
$SOL

​The XRP/USDT chart is facing increasing selling pressure, placing it at a critical juncture. Technical analysis indicates that the market is currently testing its lower limits, and any break below this level could open the door to a deeper decline.
​1. 🔴 Moving Average Dominance (MA Dominance)
​Status: The current price ($2.0227) is clearly trading below all major Moving Averages (MA7, MA25, MA99).
​Reading: This MA arrangement strongly indicates that the dominant trend is bearish in the short and medium term. The MAs (especially MA7 at $2.0338 and MA25 at $2.0437) are turning into dynamic resistances that suppress any strong bullish attempt.
​2. 📉 The Latest Lower High
​The chart shows a failed attempt by the price to ascend, reaching approximately $2.2150 before sharply reversing downwards. This peak is a Lower High compared to previous peaks.
​Significance: The formation of successive Lower Highs is a classic sign of downtrend continuation and market rejection of rallies.
​3. ⚖️ The Decision Zone: Around $2.0168
​The Risk: The current price is closely testing levels near the 24-hour low recorded at $2.0168.
​The Bearish Scenario: If the price stabilizes below $2.01, it confirms the breakdown of the immediate support. This will initiate a search for liquidity and new lows at deeper levels (potentially around $1.90 or $1.80 if selling pressure continues).
​4. 💡 Momentum Indicators
​Momentum indicators (RSI and MACD) suggest that XRP has lost significant strength. This reinforces the idea that any rebound from the current level will likely be weak unless substantial new capital is injected.
​🛡️ Conclusion: Trading Strategy
​In summary, XRP is in a highly defensive position.
​For Bears: The goal is to keep the price suppressed below the MAs (MA7 at $2.03) to confirm the continuation towards new lows.
​For Bulls: A strong buying wave is required to push the price above the MA25 ($2.0437) and back above $2.10 to avoid a deeper descent.
​Do you believe XRP will find support at $2.00, or are Whales pushing it to break this level to hunt liquidity? 👇
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