{"id":35551,"date":"2025-01-27T15:00:48","date_gmt":"2025-01-27T12:00:48","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=35551"},"modified":"2025-01-27T13:22:59","modified_gmt":"2025-01-27T10:22:59","slug":"why-are-altcoins-falling-will-ascension-come","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/why-are-altcoins-falling-will-ascension-come\/","title":{"rendered":"Why Are Altcoins Falling? Will Ascension Come?"},"content":{"rendered":"<p>The cryptocurrency market has been highly volatile in recent days. Significant drops in major cryptocurrencies like <strong>Bitcoin<\/strong> and <strong>Ethereum<\/strong> have heavily impacted the altcoin market. But what are the reasons behind this decline? Is a recovery possible for altcoins? Let\u2019s dive into the details.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/why-are-altcoins-falling-will-ascension-come\/#Sharp_Declines_in_Bitcoin_and_Ethereum\" title=\"Sharp Declines in Bitcoin and Ethereum\">Sharp Declines in Bitcoin and Ethereum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/why-are-altcoins-falling-will-ascension-come\/#Total3_and_Altcoin_Market_Declines\" title=\"Total3 and Altcoin Market Declines\">Total3 and Altcoin Market Declines<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Sharp_Declines_in_Bitcoin_and_Ethereum\"><\/span>Sharp Declines in Bitcoin and Ethereum<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Bitcoin<\/strong> recently plunged from $105,000 to $98,000, marking a <strong>6.6% drop<\/strong>. Similarly, <strong>Ethereum<\/strong> fell from $3,300 to $3,050, experiencing a <strong>7.5% loss<\/strong>.<\/p>\n<p>You Might Be Interested In: Is <strong>Trump&#8217;s Memecoin<\/strong> Steering Crypto in the Right Direction?<\/p>\n<hr \/>\n<p><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-shared-that-memecoin-flew-up-500\/\">Elon Musk Shared, That Memecoin Flew: Up 500%!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p>In yesterday\u2019s analysis, we pointed out that <strong>Bitcoin<\/strong> broke its minor trend downward and might see a <strong>pullback movement<\/strong>. As expected, this forecast aligned with the market&#8217;s actions. Currently, for <strong>Bitcoin<\/strong>, the critical levels are:<\/p>\n<ul>\n<li><strong>Resistance levels:<\/strong> $101,800 and $103,600<\/li>\n<li><strong>Support levels:<\/strong> $99,200 and $95,400<\/li>\n<\/ul>\n<p>These levels offer significant insight into Bitcoin\u2019s short-term direction. Any slight upward movement during the day is expected to remain a pullback within the minor trend.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Total3_and_Altcoin_Market_Declines\"><\/span>Total3 and Altcoin Market Declines<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The shared chart compares <strong>Bitcoin\u2019s price movement<\/strong> with the <strong>Total3 index<\/strong>, which represents the market cap of all altcoins except Bitcoin and Ethereum. As seen, while Bitcoin dropped <strong>3.03%<\/strong>, the <strong>Total3 index<\/strong> experienced a steeper decline of <strong>6.44%<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-146434 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/01\/altcoin.png\" alt=\"\" width=\"1778\" height=\"772\" \/><\/p>\n<p>This demonstrates how altcoins, due to their high volatility and lower liquidity, face greater selling pressure during market downturns.<\/p>\n<p>If Bitcoin holds its current levels, it may provide hope for an altcoin recovery. However, the <strong>Total3 index<\/strong> sends a bearish signal about the market&#8217;s overall health.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market has been highly volatile in recent days. Significant drops in major cryptocurrencies like Bitcoin and Ethereum have heavily impacted the altcoin market. But what are the reasons behind this decline? Is a recovery possible for altcoins? Let\u2019s dive into the details. Sharp Declines in Bitcoin and Ethereum Bitcoin recently plunged from $105,000<\/p>\n","protected":false},"author":28,"featured_media":34627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,657],"tags":[3279,11270,563,61,477,11268,11271,2445,11036,58,7058,105,11269,10581,11133],"class_list":["post-35551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coin-analysis","category-en","tag-altcoin-market","tag-altcoin-recovery","tag-altcoins","tag-bitcoin","tag-bitcoin-analysis","tag-bitcoin-price-levels","tag-crypto-market-updates","tag-crypto-trends","tag-crypto-volatility","tag-cryptocurrency","tag-cryptocurrency-news","tag-ethereum","tag-ethereum-price-trends","tag-total3","tag-trump-memecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Are Altcoins Falling? 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