I looked at the charts yesterday and noticed that Bitcoin has increased by 3.45% this week, but cryptocurrencies in decline still dominate the market. The market capitalization of altcoins has dropped significantly, while some specific coins have had quite interesting movements.

TAO continues to stand out among altcoins - it is at $248.10 with +1.89% this week. This token really differentiates itself when most cryptocurrencies are falling and dragging everything down. Meanwhile, Polkadot (DOT) is at $1.23 and has fallen 8.52%, losing the support it had in February. It seems there is still selling pressure.

In the meme sector, things got strange. Dogecoin fell 2.83%, Shiba Inu declined 3.56%, and Pepe lost 5.94% - quite different from the hype it had before. But DeXe rose 12.68%, so not everything is bad there.

The heavy losers this week? Worldcoin plummeted 18.26%, AAVE dropped 19.50% - this DeFi protocol is suffering quite a bit. FET also negatively surprised with -13.45%. ICP, ENA, and MNT are also in the red zone with declines between 3.52% and 6.66%.

The interesting thing is that while Bitcoin and Ethereum stay above the main supports, many altcoins are testing lows. Ethereum only fell 1.54%, so the greater pressure is really on lower-cap cryptocurrencies in decline. Those closely watching this know that this type of correction could last a little longer.