Looking at the orderbook, the whales are trying to push the price down, taking advantage of low liquidity during holiday times, especially on coinbase
My latest video goes through each exchange to see where and how the price is being pushed around
https://www.youtube.com/watch?v=x78YQP-FxyMIt is sometimes hard to accept the reality but I see this event happen in the past holiday season. However, I don't make myself worried about the current situation as this will come to an end someday.
I'd see the economic crisis continue which has a huge impact on our financial capabilities bringing some limitations to investment. We are leaving the year 2022 a few hours from now (forum time) but see no changes since the market, still remains bearish. It is really hard to speculate how long that we are in this situation - red market.