Across major markets, assets have pulled back noticeably from their all-time highs. #Ethereum has dropped nearly 60% and #Bitcoin around 45%, while traditional assets are also feeling the pressure, with silver down about 44% and Microsoft over 30%. Even relatively stronger assets like gold and Nvidia have declined by around 20% and 17%, and broader indices such as the Nasdaq and S&P 500 have slipped as well.

This kind of movement makes it clear that the slowdown isn’t isolated to crypto. It reflects a wider shift in market sentiment, where investors are becoming more cautious and reassessing risk across the board. These phases often signal a reset in valuations and can shape the direction of the next market cycle.