JPMorgan: Sharp Sell-Off in Cryptocurrencies Largely Over
- Strong Market Liquidity: JPMorgan analyst Nikolaos Panigirtzoglou noted that outflows from Bitcoin and Ethereum ETFs have significantly slowed since January, indicating that market liquidity remains robust, potentially providing a more stable trading environment for investors.
- Investor Sentiment Recovery: Positioning indicators in the futures market suggest that investor selling is expected to largely conclude by the end of 2025, which not only reflects an improvement in market sentiment but also may lay the groundwork for future price rebounds.
- Risk Mitigation Measures: JPMorgan stated that the current market correction is primarily due to risk mitigation measures triggered by MSCI's announcement, which, while causing some caution, has not led to market-related stress, demonstrating the market's resilience.
- Short-Term Market Relief: MSCI's recent decision not to exclude crypto-related companies from its global equity index review in February 2026 provided short-term relief for the market, reducing the risk of forced sell-offs due to index changes and strengthening expectations of a bottom formation in the crypto market.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00387 | 0.0169 | 0.0279 | 0.0409 | 0.0519 | 0.0649 | 0.0759 |
| Fibonacci | 0.0169 | 0.0261 | 0.0317 | 0.0409 | 0.0501 | 0.0557 | 0.0649 |
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