The cryptocurrency market has experienced significant volatility this week. Although the overall market capitalization has not changed much, mainstream currencies have shown obvious fluctuations.

The launch of BTC and ETH ETFs briefly pushed up the market, but then prices entered a volatile correction due to risk aversion and bad news.

The current market sentiment is stable at around 59, and the market value has increased slightly to about 2.3 trillion US dollars, but it has fallen 3.68% in 24 hours.

The market is looking forward to new positive factors to stimulate further gains, and it may take time for a large-scale bull market to emerge in the short term.