#MarketTurbulence The cryptocurrency market is experiencing a phase of high volatility, marked by sharp movements in prices and a moderate greed sentiment among investors. Bitcoin remains the leader, hovering around 119 thousand dollars, with a slight increase this week. Ethereum has seen a notable surge, surpassing 4,600 dollars, driven by improvements in its scalability and greater institutional adoption. Cardano has also gained strength, approaching one dollar per unit, while Solana and Chainlink show solid growth thanks to their roles in DeFi infrastructure and hybrid oracles.
Altcoins are on a rally, but the environment remains uncertain. Many traders are temporarily migrating to stablecoins like USDT and USDC to protect themselves from volatility. The dollar-cost averaging (DCA) strategy continues to be useful for mitigating risks, especially in turbulent times like this.
In terms of narrative, projects with real utility and a focus on interoperability are capturing attention. Ethereum and Cardano are positioned as key platforms, while tokens like LINK and SOL gain prominence for their technical role. Dogecoin and XRP remain popular, but more for speculation than for fundamentals.