The cryptocurrency market is showing signs of recovery as global market capitalization reaches $2.71 trillion, marking a 1.13% increase, according to data from CoinMarketCap. However, beneath this resurgence, analysts warn of potential weaknesses as trading volume declines and price momentum slows, signaling exhaustion among traders.

In February, crypto trading volume peaked at $440 billion, driven by strong buying activity during market dips. However, as of March 12, this figure had plummeted by 63% to just $163 billion, according to CoinGecko. This sharp drop raises concerns about weakening growth momentum, prompting questions about the sustainability of the market’s recovery.