General Market Overview | Quiet but Risky Balance

The total cryptocurrency market capitalization is around $3.05 trillion. There has been a limited pullback in the last 24 hours, close to (%1). This decline is not sharp, but it indicates that the market is still cautious.

The trading volume side also confirms this. The daily total volume is around $97–98 billion and has slightly decreased compared to the previous day. The market is not "dead," but it is clearly moving at a low pace. The notable point: derivative volumes are above spot. This means most of the price movement comes from leveraged trading. This also creates a foundation open to sudden direction changes.

The sentiment picture is clear:
Fear & Greed index is at 24 (Fear). Moreover, this is not just for today; recent days also show that fear persists. Market participants prefer to wait rather than take risks.

Looking at the BTC–altcoin balance, the picture becomes even clearer.
Bitcoin dominance is around 58.6%, close to yearly highs. Capital is still parked in BTC. At these levels, expecting a “general altcoin rally” seems unrealistic to me.

How do I interpret this?

• This environment is not aggressive, but protective.
• Volume is low, but since it hasn't disappeared completely, we could see sharp movements if news or macro triggers occur.
• On the altcoin side, rather than widespread gains, a few selected projects with a story may stand out. Not everything rises at the same time.

For me, this chart sends this message:
Patience, selectivity, and risk management are more valuable now than chasing profits. The market is not giving opportunities; it’s just not giving them to everyone at once.
#btc #dominance #CryptoMarketRebound