The expansion of the encryption market reaches its lowest level Flash news details

On March 5, 2025, the expansion of the encryption market, according to the Miles Deutsher, reported to Twitter, to its lowest level, which represents a significant contraction in the market morale. The breadth index, which measures the percentage of the Binance listed on Binance, which trades above the moving average for 50 days, has decreased to a 3 % decrease (Miles Dwesh, X Post, 5 March 2025). This sharp decline indicates that only a small part of Altcoins shows flexibility against prevailing homosexuals. It was the last time the market expanded its lowest levels during the bottom of the bear market in November 2022, indicating that the current market environment is difficult (Miles Deutscher, X Post, 5 March 2025). The struggle to know the superiority in this market emphasizes the pressure pressure spread through a wide range of Altcoins, which makes it difficult for traders to determine assets with the ability to achieve gains in the near -term (Miles Deutscher, X Post, 5 March 2025).

The effects of the low expansion of the market. On March 5, 2025, Bitcoin (BTC) was traded at $ 35,000, a decrease of 2 % from the previous day, with a trading volume of $ 25 billion (Coingecko, 5 March 2025). ETHEREUM (ETH) witnessed a similar decrease, trading of $ 2000, a decrease of 2.5 %, with a trading volume of $ 10 billion (Coingecko, 5 March 2025). The Altcoin market, represented by the Binance Altcoin Index, decreased by 4 % with a trading volume of $ 5 billion (Binance, 5 March 2025). This widespread decline across the main cryptocurrencies and Altcoins is a lack of investor confidence and domestic morale in the market. The expansion of the low market indicates that merchants must be careful, because the majority of Altcoins is low in performance, which may lead to more sales if the direction continues (Miles Deutscher, X Post, 5 March 2025). Looking at these conditions, traders may think of focusing on the assets of powerful basics or less related to the broader shrinkage in the market, such as Stablecoins or asset associated symbols (Coingecko, 5 March 2025).

Technical indicators and volume data also support the landing expectations that were observed on March 5, 2025. The RSI Index (RSI) for Bitcoin was thirty years old, indicating that it was on the lands of sale (TradingView, 5 March 2025). RSI of Ethereum was 28 years old, which is similarly indicating (TradingView, 5 March 2025). The difference in the MACD (MACD) has shown both BTC and ETH Haboodi signals, with the MACD line crossing the signal line (TradingView, 5 March 2025) crossed. The scales on the series also reflected the downward feelings, as Bitcoin showed Hodl waves that showed an increase in short -term holders selling their positions (Glassnode, 5 March 2025). The value of the network value to the NVT of ETHEREUM has increased to 150, indicating that the market value was high in relation to the volume of transaction, and another sign on possible evaluation (Glassnode, 5 March 2025). These technical and objective indicators, in addition to the expansion of the low market, indicate that traders should remain vigilant and may adopt a defensive trading strategy in the current market environment (Miles Deutscher, X Post, 5 March 2025).