Bitcoin Crash Sends Ethereum and Major Altcoins Into Oversold Territory

Today, the flagship cryptocurrency Bitcoin price

Meanwhile, altcoin dominance is rising mainly because Bitcoin is falling faster than altcoins, not due to real market strength.

Ethereum and Altcoins Follow With Heavy Losses

Following the Bitcoin drop, Ethereum plunged about 30% during the same period, with its daily RSI near 11. The ETH/BTC ratio continues to trend lower, showing that Ethereum is weaker than Bitcoin in this correction.

Several major altcoins also broke long-term support levels.

Large-cap altcoins like BNB, SOL, LTC, and XRP moved into oversold territory, with some hitting multi-month lows after the market-wide dump.

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FAQs

Is the current crypto crash worse than previous corrections?

This crash is sharp but not unusual for crypto. Similar fast drops have occurred in past cycles before markets stabilized or recovered.

How long do crypto markets take to recover after a crash?

Recoveries vary, but markets often need weeks or months to rebuild confidence after panic selling and heavy liquidations.

What signals suggest a crypto market recovery is starting?

Falling volume, RSI recovery, stable support levels, and reduced liquidations often signal that selling pressure is easing.

Should investors panic sell during a crypto crash?

Panic selling often locks in losses. Many experienced investors wait for volatility to settle before making decisions.

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