Trading volume contracts + stablecoin minting hits a freezing point—this rebound looks more like a technical repair than a reversal signal; mainly stay on the sidelines and observe.

CoinWorld news: a 10x research report shows that the crypto market has rebounded slightly after being oversold. The current market capitalization is $2.21 trillion, up 3.8% from last week. Bitcoin’s weekly trading volume is $30.1 billion, 36% below the average level. Ethereum’s weekly trading volume is $12.8 billion, 45% below the average level. The stablecoin market continues to remain sluggish: USDT market capitalization is $186.5 billion, down 0.21% from last week, and USDC market capitalization is $74.7 billion, down 1.2%. The report notes that the stablecoin minting indicator is at the 2nd percentile, indicating a negative signal. Year-to-date, the crypto market has seen outflows of $3.3 billion; stablecoins have inflows of $1.1 billion; Bitcoin has inflows of $4.1 billion; and Ethereum has outflows of $8.5 billion.