Recent market data points to a more cautious sentiment across crypto.
$BTC has been trading in a range, with repeated tests around the mid-$60K area, while $ETH remains near $2K and has seen continued ETF outflows.
At the same time, Bitcoin dominance has increased, suggesting capital is not strongly rotating into altcoins. Sentiment indicators have also dropped to lower levels, reflecting a more risk-off environment.
Despite this, Bitcoin ETF flows have remained relatively steady, showing that institutional participation is still present.
For now, markets appear to be in a wait-and-see phase, influenced by macro factors like monetary policy and global developments.