Matrixport: Breaking Below Key Support Level Will Trigger Cascade of Stop-loss Orders, Low Market Liquidity Poses High Risk

BlockBeats News, September 23rd, Matrixport released today's market analysis. Although the macro environment is favorable to cryptocurrency assets, the significant decrease in trading volume is increasing the risk of forced liquidation. Long positions are easily impacted by minor price fluctuations. Despite the market's consensus expectation that the Federal Reserve will enter a rate-cutting cycle, historical patterns show that this stage is often accompanied by volatility. After this Federal Reserve interest rate meeting, the U.S. bond yields rose, further intensifying market pressure.

Once the cryptocurrency market price falls below a key technical support level, stop-loss orders will be triggered en masse, leading to a rapid deleveraging process. In an environment where the trend is unclear, controlling risk exposure and maintaining caution are particularly important.