🟥Analysts at 10x Research point out that the recent decline in Bitcoin, Ethereum, and other cryptocurrencies stems from low liquidity and excessive leverage. Trading volumes across exchanges have been shrinking, with brief price spikes quickly followed by corrections. This left leveraged traders particularly vulnerable and added pressure to the market.
🟥Experts emphasize that leveraged activity is fading, and instability could last through October. Investors are becoming more cautious, opting to lock in profits, which further limits liquidity. Sustainable growth, in their view, can only resume once demand and supply stabilize.