Why crypto market is down?

“According to the market cap, the top cryptos ran in red over the previous day. This drop in the crypto market is due to the ongoing tensions between Russia and Ukraine . Investors seem to be concerned about the inflation levels too,” Edul Patel said.

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How do you analyze crypto market?

Crypto technical analysis involves using mathematical indicators based on previous price action data to try to predict future trends . The basic idea is that markets behave according to certain patterns and that once established, trends heading in a certain direction often continue along the same course for some time.

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