BlockBeats News: On February 25th, analysis firm The Kobeissi Letter released a long article analyzing the factors behind the current decline in the cryptocurrency market. It stated that this round was not caused by a specific factor leading to a decline in cryptocurrency prices, but rather by a decrease in liquidity driven by multiple factors. The main factors include:
The SOL ecosystem's meme coin speculation has receded, the Bybit hacking incident has occurred, the US stock market has fallen, technical indicators are needed, and the overall market risk appetite has fallen.
