Today’s market is still sideways with a slight weakness.


BTC is hovering around 76.7k, it doesn’t seem to be dropping sharply again, but it’s also far from turning strong. The more realistic state is: the bears aren’t continuing to sell off, and the bulls haven’t taken control, so the market remains stagnant.
Among the mainstream, ETH, SOL, XRP, DOGE mostly still decline, indicating risk appetite has not returned.
And trading volume has shrunk by more than 27%, which is even more concerning than the price itself.
Because shrinking volume on a downward move is the most annoying—it won’t suddenly knock you out cold, but it gradually erodes your sentiment.
Additionally, regulatory pressures are still adding to the trouble.
Elizabeth Warren continues to criticize Coinbase, Ripple, and other crypto bank charters; such news may not directly cause a sell-off, but in a weak environment, it acts as negative feedback.
So my current view is very simple:
This is not stabilization, just a weak sideways move.
Until clear signs of a strong reversal appear, don’t interpret sideways trading as an opportunity too early; it’s more like a bottoming process.
BTC-0.26%
ETH-0.14%
SOL0.51%
XRP-0.72%
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IAmWhatIAm.
· 05-20 03:45
Confident HODL💎
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