Polygon Whales Make Big Moves As $MATIC Shows Clear Signs; What's Ahead?

Polygon MATIC News: The crypto ecosystem recently realized the market blues are not away yet with the news of Polygon Labs layoff. The crypto market has been on a slow recovery mode since January 2023, in what was considered as a fresh positive start after a terrible 2023. In this context, it appears that the bears are at play in potential anticipation of further price dip for $MATIC. Traders believe the recent price pattern could lead to further bearish movement for the altcoin.