I just noticed that the crypto market is experiencing quite heavy pressure this week. Some major assets like Ethereum and Solana have dropped around 4-3%, while Bitcoin remains resilient but moves within a fairly narrow range. Looking at Bitcoin price data from 2021, back then the levels were much higher than now, so it's not new for the crypto market to fluctuate.

From what I've observed, the main cause isn't the crypto industry itself, but rather the global market. There's a kind of "AI fear" spreading among institutional investors. They are starting to withdraw capital from high-risk sectors, including crypto. The effect is quite real—sell pressure on altcoins reaching levels rarely seen since 2021.

Bitcoin itself is still in the $60,000 to $70,000 zone, which is historically an important level. Technical analysts are monitoring a bearish pennant pattern that could indicate further decline if key levels break. Comparing Bitcoin's price in 2021 to now, the current position is still far below its peak.

According to CryptoQuant data, altcoin sales are under high pressure, indicating that although blockchain adoption continues, short-term price action is more influenced by global capital flows. The market is waiting for a catalyst—either macroeconomic stabilization or specific crypto developments—to break this deadlock. For now, the sentiment remains "risk-off," and investors prefer assets considered safer.