Market on Hold

🟡The cryptocurrency market has remained in a consolidation phase for the second consecutive week. Bitcoin is holding near the $89,000 level, while Ethereum is trading slightly above $3,000, keeping total market capitalization above $3 trillion. Despite moderately positive price action over the past 24 hours, most major assets posted gains of no more than 1–3%, indicating a lack of strong momentum and a wait-and-see approach among investors.

🟡Against this backdrop, attention has shifted toward lesser-known tokens and memecoins, which delivered sharp but short-lived gains. At the same time, the Fear and Greed Index remains in the zone of extreme fear, reflecting a market prone to emotional decision-making. Continued inflows into Bitcoin and Ethereum ETFs suggest sustained institutional interest and may point to the formation of a foundation for a future directional move.