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There is no new narrative because the decline is too small.
No sustained market trend, the decline is too small.
No trading enthusiasm, the decline is too small.
No new funds coming in, the decline is too small.
Large investors don't want to buy the dip, the decline is too small.
If it weren't for institutions like MicroStrategy holding up the market, the crypto space wouldn't be changing hands so slowly.
Blame those institutions and quant firms, which cause the crypto market to fall too slowly and too little.