The cryptocurrency market has shown signs of recovery in the past 24 hours, regaining $2.213 trillion in total capitalization. Bitcoin has successfully pushed above $57K, marking a 1% gain in the past 24 hours. However, it remains 6.5% down for the past seven days, indicating that there is still work to be done for a meaningful comeback.

Altcoins are also seeing gains, with Polkadot (DOT), NEAR, and AVAX posting increases of 6.4%, 4.5%, and 3.6% respectively. The most significant gainer is TON-based meme coin Notcoin (NOT), which is up 42% in the past 24 hours, erasing all losses from the recent market downturn and even charting a 5% increase over the past week.

Despite these positive signs, the market sentiment remains uncertain. The next few days will be crucial in determining the trajectory of the market's recovery.