The cryptocurrency market was generally moving towards a price consolidation after slowing down its upward momentum in recent days. When the total value started to stabilize at around $3.5 trillion, the exits accelerated on the last trading day of the week.

This move is a signal that sales could accelerate further in the new week, as we saw cryptocurrencies start the new week with sharp sales. The primary factor triggering panic sales was the sudden rise of China's new artificial intelligence model DeepSeek, which shook technology stocks in the US. Cryptocurrencies, which have a high correlation with the technology market, were subjected to rapid selling pressure due to this effect. On the other hand, global markets, struggling to find direction due to Trump's statements, took the path of reducing risk appetite ahead of the Fed's interest rate decision. This also emerged as a secondary factor triggering sales in cryptocurrencies.
Yesterday cryptocurrencies, led by Bitcoin, recorded a decrease throughout the day but began to recover in the second half of the day thanks to buyers who evaluated the dip levels. However, it seems too early to say that this drop wave, which currently shows a downward spike on the daily chart, has been eliminated. Although high market value cryptocurrencies have returned with purchases following the rapid decline, they do not yet have clear signals to protect support levels.
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