The crypto market is currently stagnant despite positive macroeconomic signals. Here are the key reasons:

1. Lack of Major Catalysts: No significant news like ETF approvals, protocol upgrades, or adoption events are currently driving momentum.

2. Profit-Taking After Recent Rallies: Assets like Bitcoin and Ethereum saw major gains earlier in 2024; many traders are now in a consolidation phase, waiting for new signals.

3. Regulatory Uncertainty: Continued unclear regulation in the U.S. and other regions keeps large investors cautious.

4. Low Liquidity and Volume: Trading activity has slowed, leading to range-bound price action.

5. Cautious Investor Sentiment: Despite cooling U.S. inflation, broader financial markets remain cautious, and that mood is spilling into crypto.

KHALID JAVED