Analysis of the 2026 Crypto Market Crash
- Market Cap Decline: As of June 2026, the total crypto market cap has contracted approximately 48% from its peak to about $2.46 trillion, indicating that the current market pressure is relatively lighter compared to the 78% crash in 2022, potentially laying the groundwork for future recovery.
- Bitcoin Price Fluctuation: Bitcoin has fallen about 50% from its all-time high of $126,200 in October 2025 to the $63,000 region, reflecting the impact of macroeconomic factors on crypto assets, particularly the U.S.–Iran conflict and uncertainty surrounding Federal Reserve policies.
- Forced Liquidation Scenario: During this drawdown, forced liquidations reached $1.8 billion in a single day, with $1.35 billion from long positions, marking the largest single-day flush since February 2026, indicating that the market is undergoing a painful deleveraging process, which is often a precursor to a bottoming phase.
- ETF Outflow Impact: U.S. spot Bitcoin ETFs experienced $2.43 billion in outflows in May 2026, the largest monthly outflow of the year, reflecting a significant erosion of investor confidence and a cautious sentiment regarding future price movements.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for LUNA
Technical Sentiment Analysis for Terra (LUNA). As of , Terra (LUNA) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LUNA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, LUNA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Terra (LUNA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.035 | 0.0407 | 0.0464 | 0.0521 | 0.0578 | 0.0635 | 0.0692 |
| Fibonacci | 0.0407 | 0.0451 | 0.0478 | 0.0521 | 0.0565 | 0.0592 | 0.0635 |
About LUNA
About the author
