It's time for 20-20 not for test- match.
The current slow momentum in the crypto market can be attributed to several key factors:
Regulatory Uncertainty: Ongoing crackdowns and lack of clear regulatory frameworks in major economies like the U.S., EU, and China create uncertainty and reduce investor confidence.
Macroeconomic Conditions: High interest rates, inflation concerns, and cautious monetary policies by central banks (e.g., the U.S. Fed) have reduced risk appetite, affecting speculative assets like crypto.
Low Trading Volume: Retail and institutional trading activity is relatively low compared to previous bull runs, which contributes to lower price volatility and slow momentum.
Market Consolidation: After significant gains in previous years, the market may be undergoing a period of consolidation where prices stabilize before the next move.
ETF Saturation Effect: Although Bitcoin ETFs launched earlier created hype, the initial momentum has cooled down as inflows have normalized.
Lack of Fresh Catalysts: No major new developments, technologies, or narratives (like DeFi or NFTs previously) are currently driving strong investor enthusiasm.
Profit-Taking and Caution: After rallies in late 2023 and early 2024, many investors are cautious or taking profits, contributing to sideways movement.