Polygon 價格MATIC

$MATIC Tests Critical Support at $0.38 as Technical Indicators Signal Continued Weakness Polygon trades at $0.38 with bearish MACD and oversold conditions as $MATIC price action remains below all major moving averages in absence of major catalysts.

$MATIC Price Prediction: Target $0.45-$0.52 Range Within 30 Days Despite Current Bearish Momentum MATIC price prediction suggests recovery to $0.45-$0.52 range over next month as oversold conditions $NEAR key support at $0.35, with immediate resistance at $0.58.

Story Highlights Crypto markets are experiencing a strong sell-off, with over $250 billion wiped out from the markets in the past 24 hours With Bitcoin heading towards the psychological barrier of $100K, the possibility of a deeper correction hovers over the crypto markets For the first time since 2018, the Bitcoin price has closed the October trade in the red. With this, the market sentiments are slowly turning more fearful every day. The volume has doubled in the past 24 hours, reaching over $212 billion, and nearly $250 billion has been wiped out of the market cap. Moreover, the crypto markets saw a rapid $90 billion evaporation in the past hour, which has stunned the traders worldwide. The $BTC price has plunged below $105,000, and if it breaks the final defense at $102,000, from where it previously rebounded, analysts believe it could retrace deeper below $100,000. Why the Crypto Market is Down Today—Top Reasons! The crypto market extended its slide today as investors reacted to renewed Federal Reserve hawkishness and several factors. Bitcoin and Ethereum were the most hit, as no fresh ETF inflows were recorded, while outflows also remain negative. But why is the selling pressure mounting over the markets? Fed’s Hawkish Outlook Sparks Risk Aversion The latest downturn began after the Federal Reserve signaled a slower path toward interest-rate cuts, warning that inflation remains sticky and policy easing may be delayed until early 2026. The remarks pushed global investors away from risk assets, with both equities and cryptocurrencies facing steep intraday losses. Over $400 Million in Liquidations Deepen the Slide Data from liquidation trackers shows over $400 million in leveraged positions were wiped out within hours, the majority from long bets on Bitcoin and Solana. This wave of forced selling accelerated the downturn, creating a cascade effect across derivatives markets. Analysts note that the sell-off mirrors prior flash liquidations seen during heightened volatility, where funding rates and open interest reached overextended levels. Broader Market Weakness and Profit-Taking Beyond macro pressures, the pullback is also linked to profit-taking after last week’s recovery rally. Traders who had accumulated positions near recent lows opted to secure short-term gains as uncertainty rose. Meanwhile, sentiment indices such as the Crypto Fear & Greed Index have shifted toward “Fear,” suggesting waning investor confidence. Altcoins Hit Hardest Altcoins bore the brunt of today’s market downturn, posting deeper losses than Bitcoin as liquidity thinned across major exchanges. Solana ($SOL ) plunged below $176, shedding nearly 7% in a matter of hours, while Avalanche ($AVAX ) and Polygon (MATIC) tumbled between 8% and 10%. Cardano (ADA) and XRP also slid sharply, weighed down by broad-based selling and fading investor appetite for high-beta assets. Traders report that most of the pressure stemmed from long liquidations and margin unwinds, particularly in decentralized exchanges where thin liquidity magnified volatility. The pullback also followed weeks of strong inflows into top-performing altcoins, making them more vulnerable to sudden reversals. As risk sentiment erodes, analysts warn that altcoins could see a further 5–8% downside if Bitcoin fails to hold above key support near $102,000, with recovery prospects hinging on broader market stability. Conclusion: Is This the Start of a Bear Market? While the latest sell-off has reignited fears of a prolonged downtrend, analysts caution against calling it a full-fledged bear market just yet. The correction appears largely macro-driven, intensified by over-leveraged positions and low weekend liquidity, rather than a breakdown in on-chain fundamentals. Bitcoin’s ability to hold above the $100,000 psychological support will be key in determining near-term sentiment. A sustained drop below this level could invite further panic selling, potentially dragging altcoins into deeper correction zones. Conversely, if BTC stabilizes and reclaims $108,000 to $110,000, markets could regain footing and attract fresh inflows from sidelined capital. In essence, the market remains volatile, not defeated—a temporary storm in an otherwise bullish long-term cycle. Traders, however, should brace for heightened volatility and cautious accumulation in the days ahead.

🚀 Crypto Market Deep Summary – November 05 2025 The global crypto market is under pressure today, with major coins seeing strong corrections after weeks of bullish momentum. A combination of macroeconomic tension, institutional withdrawals, and whale movements is shaking short-term confidence. --- 📊 Overall Market Snapshot Global Market Cap: Around $3.4 trillion, down nearly 7% in 24 hours. Total Volume: Up over 35%, showing panic selling and heavy trading activity. Market Sentiment: “Extreme Fear” according to the Crypto Fear & Greed Index — the lowest since mid-2024. --- 💰 Top Coins Performance 1️⃣ Bitcoin ($BTC ) Price: ≈ $101,600 Change: −3.2% Range: High $104,900 → Low $99,000 BTC broke below the psychological $100 K mark for the first time in months. Heavy outflows seen from spot BTC ETFs and derivatives markets. Key zones: Support $97K–$100K / Resistance $107K–$108K. A daily close below $97K could confirm a short-term bear trend. 2️⃣ Ethereum ($ETH ) Price: ≈ $3,330 Change: −9.8% Range: High $3,577 → Low $3,079 Pressure from Bitcoin’s slide and lower staking demand. ETH is now testing its 200-day EMA, a critical support line. 3️⃣ Altcoins Solana ($SOL ) −7% to $175 $XRP −5% to $0.55 Dogecoin ($DOGE ) −8% to $0.19 Polygon (MATIC) −10% as L2 network activity slowed. Altcoin market broadly mirroring Bitcoin’s sentiment drop. --- 🌍 What’s Behind the Drop Institutional Outflows: Several Bitcoin ETFs reported hundreds of millions in redemptions this week as funds rotated into safer assets. Macro Pressure: Global bond yields rising again after central banks hinted at prolonged higher interest rates. Whale Movements: On-chain data shows major wallets selling into rallies, signaling profit-booking. Regulatory Noise: Ongoing talks in the US and Japan around new crypto tax and exchange rules added uncertainty. --- 📈 Technical Outlook BTC RSI (Relative Strength Index) has slipped below 40 → sign of short-term overselling. ETH RSI near 35 → possible bounce zone if volume stabilizes. Traders eyeing BTC’s $97K support as the next make-or-break level. --- 🧭 What to Watch Next Bitcoin’s reaction near $97K–$100K range will decide short-term trend. Any positive macro news or ETF inflow could trigger a quick rebound. Watch whale wallets and stablecoin inflow data for signs of accumulation. November’s US CPI data and Fed minutes next week may heavily influence crypto direction. --- 📣 For Bitget Traders Expect high volatility; consider using stop-loss and hedging strategies. Focus on BTC, ETH, SOL price action before entering new trades. Use Bitget’s copy trading or futures options to take advantage of short-term swings. For spot investors — patience could pay off if the market stabilizes near support zones. --- ⚡Summary Insight: The crypto market is cooling after an overheated rally. While fear dominates the short term, such pullbacks have historically set the stage for the next accumulation phase. Smart traders are watching—not panicking. ---