Tom Lee (crypto strategist) suggests the sell-off may be deeper than expected but believes a market bottom could be near. �
Some analysts link the downward pressure to macro conditions (weak liquidity, global tech sell-offs, strong dollar) rather than crypto-specific issues.
Network & Mining Bitcoin mining economics are under stress as block times slow and difficulty adjustments may cut profits for miners — a sign of broader network impact from the price drop. �
What this means now: Bitcoin is in a downtrend, dropping through important psychological levels and reflecting broader risk-off sentiment. Traders and investors are watching whether these lows will hold or if deeper downside unfolds.
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Lions_Lionish
· 7h ago
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Market Views & Analysis
Tom Lee (crypto strategist) suggests the sell-off may be deeper than expected but believes a market bottom could be near. �
Some analysts link the downward pressure to macro conditions (weak liquidity, global tech sell-offs, strong dollar) rather than crypto-specific issues.
Network & Mining
Bitcoin mining economics are under stress as block times slow and difficulty adjustments may cut profits for miners — a sign of broader network impact from the price drop. �
What this means now:
Bitcoin is in a downtrend, dropping through important psychological levels and reflecting broader risk-off sentiment. Traders and investors are watching whether these lows will hold or if deeper downside unfolds.