"This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions."
The market has been in a prolonged downtrend, with a sharp decline in BTC causing significant volatility in the Alt Coin market.
Currently, BTC is positioned at a key resistance level, suggesting the potential for an upward movement. The market sentiment is buoyed by some positive news, but liquidity issues remain a concern. Adequate liquidity is essential to support any bullish momentum and counteract the bearish pressures.