Crypto Market Sabi Don Do Like Pounded Yam After Mummy Banga

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My people, make we yan about this crypto matter wey don dey hot like jollof rice for town. E be like say investors wey buy Bitcoin and other coins near the top don sharpely enter fire as markets dey bleed red, and no be small o. Last month, Bitcoin don drop go $88,000, as e don fall over 20% in just thirty days. And the market, as e dey stand now, don reach $3.04 trillion—na 4.82% drop wey happen in just 24 hours, and lemme tell you, wetin dem dey sell ehn, na blood they shed! (Somebody help me call ambulance for these coins!)

Fear and Greed Index don drop to 16, wey be the lowest since April, show say everybody dey fear like say dem no go chop rice for December. Only Zcash na im get liver, as e dey manage small gain of 4% for today (If na me, I go sabi flow with Zcash). But my people, the bigger picture dey look shaky as Federal Reserve dey prepare to slash rates for December. This one na bad news for crypto holders.

Traders dey panic, as BlackRock don report record outflow of $523 million from Bitcoin ETFs. E be like say crypto winter dey near, as many dey expect say 2026 go hot pass this one. For Myriad prediction market, 73.3% of dem dey bet say Bitcoin go drop to $85K, instead of rising to $115K. As for Ethereum, di users dey say 62% chance say e go slip down to $2.5K before any pump!

Now, let’s talk numbers. Bitcoin start the day at $92,911, but e sharply decline, waka go $88,605 in just one day (talk about fall like say person don slap am!). Na so dem carry market go bad square, as e don pass under the important $90K benchmark, making this the first time in seven months wey e go below am.

Technical setup dey look rough — di 50-day Exponential Moving Average (EMA) don cross below the 200-day, wey be the classic sign dem dey call ‘death cross.’ This pattern fit mean say market dey bearish (and na wetin no good). Right now, market dey face strong pressure as bulls dey struggle to reclaim their throne.

And to make matter worse, di Average Directional Index (ADX) don sit down at 38.25—we dey talk serious downtrend. Dis level na strong sign say wetin dey happen no be small play sha! E mean say dem no dey chop free chop for inside market again, and we go need to sabi when to cut losses before e too late! (E be like say dem dey carry market face ground badly like *burnt chin chin*). Bitcoin’s Relative Strength Index (RSI) don drop go 27.12, dem dey call am oversold territory, and even if e no mean say price go bounce back sharp, e fit suggest say we dey near level wey dem go fit reposition.

But wait, wetin dey make sense for those wey still dey believe in miracle? Di support levels dey like stronger fortress around $84,451 even though dem dey tell me say if Bitcoin lose the $88K-$89K zone, e go dey hard to stop am from falling deeper.

Ethereum, sef, no dey feel better. Today, e don fall 6.73% from opening price of $3,121.7. Dis one dey bad o! Although Ethereum still dey enjoy golden cross with its EMAs, e don dey trade below both averages, na wah for them. Dem dey predict say Ethereum go follow suit if e no hold strong around that $2,700-$2,800 region. Omo, is this the end? Time go tell!

For all our brothers and sisters investing for crypto, make you sabi say di market dey act like person wey don chop too much pepper soup, so hold your wallet tight. And remember, crazy things dey happen for crypto world, so keep your head up and your coins ready!