Cryptocurrency market weakens significantly by the end of 2025: 75% of the top 100 coins fall below key moving averages, with bearish dominance expanding

As the end of the year approaches, the cryptocurrency market is showing clear bearish signals. Data indicates that among the top 100 cryptocurrencies by market cap, 75 have fallen below their 50-day and 200-day simple moving averages (SMA), demonstrating a significant overall weakening trend. In contrast, only 29 stocks in the Nasdaq are in the same technical weak zone, highlighting the relative softness of the crypto market.

TradingView data shows that Bitcoin reached a historical high of approximately $126,000 in early October and has since retreated, currently around $87,000, becoming an important signal of capital withdrawal from the crypto market. Since the 50-day and 200-day moving averages are often regarded as key indicators of medium- and long-term trends, a simultaneous breakdown of these two averages typically signals a trend reversal to bearish and may trigger further selling pressure.

From a market cap perspective, the coins that have broken below key moving averages include core assets such as Bitcoin, Ethereum, Solana, BNB, XRP, etc. These leading projects account for about 78% of the total crypto market cap. As the most liquid assets with the highest institutional participation, their technical weakening has a noticeable drag on overall market sentiment, making investors more cautious and risk appetite continue to decline.

Furthermore, momentum indicators do not show clear “oversold recovery” signals. Among the top 100 cryptocurrencies, only 8 coins are identified as oversold based on the Relative Strength Index (RSI), namely PI, APT, ALGO, FLARE, VET, JUP, IP, and KAIA. This suggests that although the market is generally declining, most coins have not yet fully released selling momentum, and there is still room for further adjustment in the short term.

Based on multiple signals from moving averages and RSI, the current crypto market is closer to a trend-based decline rather than a bottoming rebound. If macroeconomic conditions and market liquidity do not show significant improvement, cryptocurrencies may still face considerable volatility and pressure toward the end of the year. (CoinDesk)