🟣After steady growth since March 11, the crypto market’s capitalization increased by $350 billion, reaching $2.85 trillion. However, a sell-off began on March 26, and over the weekend, the market lost $110 billion.
🟣Opinions on TradingView are divided. Analyst VictoriaCobra believes the crypto narrative is exhausted: BTC has few active addresses, while gold is rising, unlike Bitcoin. Meanwhile, CryptoNikkoid expects new growth by June, pointing to the weakening DXY and a potential capital inflow into crypto.
🟣The market remains under pressure, with money flowing into gold rather than crypto. Until the macroeconomic situation changes, it is too early to talk about a new bull run.