Santiment: the crypto market is preparing for a record collapse

The cryptocurrency market is showing signs of exhaustion, with analysts noticing a decline in trading activity and overall investor enthusiasm. According to Santiment, a research company, trading volumes have been falling since their peak on January 27, 2025, and trader behavior indicates mixed sentiment, ranging from caution to capitulation. The main problem is that even during short-term price recoveries, transaction volumes do not increase, indicating a lack of confidence in further market growth.

Experts note that a decline in trading volumes during minor price spikes can be an early signal of weakening market momentum. If buyers are not active, the uptrend will not be able to be sustained, and any growth will remain temporary. At the same time, experts emphasize that a drop in volumes alone is not a direct bearish signal, but it may indicate a period of stagnation.

One of the key trends is the growth of activity in stablecoins, in particularfrom Tether. It was recorded that on March 11, a record number of transactions in this coin was made over the past six months — more than 143 thousand. This may indicate that traders are preparing for new purchases by transferring funds into liquid assets that can be conveniently used to enter the market.

Despite fears of market depletion, analysts admit that bitcoin BTC $84,802.27 Bitcoin 2.90% Market capitalization $1.68 trillion VOL. 24 hours $1.69 billion may still fall to $ 70,000 before a potential recovery. Additional pressure on the cryptocurrency market may be exerted by economic factors, including tighter trade restrictions in the United States and Europe. Overall, the situation remains uncertain, and the dynamics of the cryptocurrency market will depend on investor activity and general economic conditions.