According to Coinomedia, major support levels in the crypto market have turned into resistance, signaling a bearish trend. Analysts note that Bitcoin, Ethereum, and major altcoins are struggling to reclaim previous price floors, with technical indicators like RSI and MACD showing sustained weakness. Thin trading volume and macroeconomic concerns, including rising interest rates and regulatory pressures, are amplifying market fears. Traders are advised to remain cautious as resistance dominates the short-term outlook.
Crypto Market Faces Major Resistance as Support Levels Flip Bearish
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