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📉 The Crypto market today
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🔍 Current situation
• The total market capitalization of crypto is still around 3.59 trillion USD, with a 24h trading volume of approximately 134.6 billion USD.
• Bitcoin (BTC) decreased by ~2.8% in 24 hours, while Ethereum (ETH) decreased by ~4.6% — reflecting a "risk off" state, with investors returning to major coins and moving away from altcoins. 
• BTC market share ( "dominance" ) increased to ~59.6% – a sign that capital is flowing into the strong coin, decreasing in altcoins.
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🧭 Main cause
Factor Brief description
Macroeconomic policy Interest rates remain high, persistent inflation, causing risk assets like crypto to be sold off. 
Investor sentiment After the shock in October with large liquidity and many leveraged positions being force-liquidated (~19 billion USD), the sentiment has shifted to cautious.
Market capitalization structure BTC is prioritized as a "safe haven" while altcoins weaken; at the same time, new capital entering (ETFs crypto) is present but not strong enough to lift the entire market.
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📊 Short-term trends & alerts
• If BTC maintains the support level of around 107,000 USD, it may stabilize temporarily; otherwise, if it breaks, it could drop to ~100,000 USD.
• With ETH and many altcoins: if it does not bounce back at the 50-day moving average, there is a risk of weakening further.
• High risk: low liquidity, significant psychological deviation, the market is easily "shocked" by major news such as policies, economic issues, and geopolitics as seen.
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✅ Note that if you are a market participant
• Priority on risk management: keep the capital safe, limit leverage when the market shows signs of instability.
• If you are making a large "premium" capital: closely monitor BTC dominance and the flow of capital in and out of ETFs/organizations — as this is a major factor for large capital flows.
• With altcoins and small projects: it is advisable to be more cautious, as there are signs of "capital returning to larger coins" and smaller coins may be strongly affected.