"Bitcoin's Decline Shook Market Expectations"

Bitcoin's Decline and Market Reactions

Bitcoin has experienced a sharp decline recently, leading to significant changes in investor expectations. Market analysts have started to view this situation as a sign of deeper structural issues.

On-chain data indicates that Bitcoin is facing late-stage capitulation pressures. However, some analysts argue that this decline does not actually contain the final element necessary for the formation of a more permanent bottom.

Turmoil in Ethereum

During this period, Ethereum has also been affected by the decline. While Bitcoin has dropped by about 27% from last month's peak, Ethereum has seen its weekly loss reach 15%.