Is the market crashing? Actually, the bulls are just out for a walk!

Recently, the crypto market has been volatile, washing out investor sentiment more thoroughly than on-chain data. BTC and ETH are both pulling back, mainstream coins are all red, and investors are starting to question everything.

But guys, don’t panic. This feels more like a “bubble bath” during a bull run rather than a funeral.

Mainstream coins oscillating at high levels essentially mean the market is reallocating funds. When emotions are overly euphoric and positions are crowded, a healthy shakeout is necessary for sustained momentum. On-chain data shows that long-term holding wallets remain steady, and those short-term traders who should be exiting have already packed up and left.

Will the trend reverse? That depends on liquidity, institutional buy-ins, and stablecoin issuance turning around together. Currently, these indicators are still healthy; it’s just that the sentiment is cooling off.

In short: this is crypto’s version of a “rest day” for fitness. Without taking a break, where’s the power for the next surge?

Short-term shakeout, the bull isn’t gone—it's just refueling.