why crypto market is so difficult now?

[Abiky]

I guess this is the result of looking for short term gains that's why lots of people go to memecoin, since they usually see that many people earn from those projects. But they forgot to analyze the whole story that many people lose and those what they read is just a pure hype.

That's why its not surprising that many devs ride with the fame and hype, because they are also looking for quick gain from those investor willing to take risk to invest on their scam projects.

With current landscape happening in the market now its really hard to look forward for a altcoin season. Maybe on next bullish trend and no global shocks or crisis maybe that altcoin season time would eventually came.

Even with the market in the "red zone", it's still possible to make money with crypto. Only if you know how to play your cards right. Short-selling would be the ideal move to make right now.

Like I've stated before, it's not that the crypto market is difficult. But rather quite "tricky", especially for those seeking short-term gains. Everybody wants quick results with minimal effort involved. We can't predict when the next "pump" will happen, anyways. Better pay close attention to mainstream events and the market's behavior, just in case.

[Floratap02]

i have never seen this much difficult crypto market in my whole life .there is litterally no technical anaylysis is working in market . when the structure is clearly bullish something bearish will happen when is structure bearish something bullish will happen. nothing is working for me now a days in market.

You're not alone, tech analysis seems to be on vacation 🤷‍♂️. Market's super unpredictable, bullish setup leads to bearish move, vice versa... it's like it's designed to frustrate 🤯.

Couple of things might be at play:
- News-driven moves (like Iran-Trump drama)
- Whale manipulation
- Global economic uncertainty

What's your current strategy? Trying to stick with TA or looking at fundamentals? 👀

[ayushcrypto]

Crypto Market Manipulating day by day, It will have time to get moving forward,
Have a look at Technical Analysis of Binance Coin.

[abaeze]

i have never seen this much difficult crypto market in my whole life .there is litterally no technical anaylysis is working in market . when the structure is clearly bullish something bearish will happen when is structure bearish something bullish will happen. nothing is working for me now a days in market.

My opinion is that the reason behind this is fake breakouts and fake dumps, which are causing classic patterns like Head & Shoulders and breakouts to fail repeatedly. So trading in altcoins is more uncertain than before. However, Crypto is no longer separate but is being integrated into the global economy. Also, due to wars or geopolitics in different parts of the world, even though the chart is bullish, a sudden bearish move is seen. It seems to me that now is the time for accumulation, so instead of trading in uncertain and unsafe crypto in the hope of making more profit, some coins and crypto such as BTC, BNB, ETH can be increased in accumulation.

[dansus021]

~SNIP~

The altcoin season became a myth lately.

Many waited for it to come but it didn't came and the market became harsh for it. From the few thousands that have been made, now it has become millions that are made in total.

There's a lot of them and the liquidity and the volume that they get won't be enough for them to survive even for a month.

So many altcoin and there is not enough liqudity only a few token that made and broke their previous ATH but from my view this only happened to token that backed by big name such as BNB and TRX.

is basic supply and demand, to be honest I waiting the altseason but like you said this become a myth already.

Times have changed as the crypto market shifted its views from focusing on utility to speculation. Since there are tons of "meme" coins around, investors haven't paid much attention to altcoins. And by "investors", I mean serious investors such as VCs and institutional investors. Developers are also riding the hype by putting less focus on utility. They just want to fill their pockets with money.

Since almost everyone has a "piece of the pie" in the altcoins market (the majority is "hodling"), it's almost impossible for "altcoin season" to resurface again. Everybody's waiting for market prices to "pump" just to cash in on the rewards. But that's not how crypto truly works. Hopefully, a new ATH for Bitcoin would trigger a massive bull run for altcoins. That's a big "IF" due to the reasons mentioned earlier. Crypto land behaves in many strange and bizarre ways, so anything can be expected.

Yes you are so right the memecoin become a plague in altcoin and Im still asking my self why do people buy memecoin, I mean if you buying it one or two memecoin for fun its fine by me but there are ton of it and hundred more created daily. This failed memecoin made a big red in crypto report IMO.

For now I just hoping that bitcoin didnt dumped more I hope the 60K level is the last and bottomed we see lot of altcoin that now sitting at all time low. If bitcoin dumped again those coin are made another low.

[Taricoins]

i have never seen this much difficult crypto market in my whole life .there is litterally no technical anaylysis is working in market . when the structure is clearly bullish something bearish will happen when is structure bearish something bullish will happen. nothing is working for me now a days in market.

Lol 😂😂 and there are so many persons on the Internet claiming that they are gurus when it comes to the market movement especially with trading of crypto and some even charge people money for them to be lectured on stuff like this where from my own angle see this as one hell of a trap if you want to dig dip into it.