#TraderProfile
Market Daily Overview: Crypto Still in Ultra Fear Zone
Crypto Market Experiences Decline
Today, the crypto market remains in an unstable condition with Bitcoin (BTC) down to $86,000 (-2.6%), while Ethereum (ETH) actually rises to $2,340 (+4.8%). The Fear & Greed Index shows a reading of 10, indicating that the market is in an Ultra Fear condition, which could signal opportunities or caution for investors. Overall, the market capitalization decreased by 4% to $2.96 trillion, but trading volume in the last 24 hours increased by 1.8% to $191 billion.
Altcoin Movement: Kaito Dominates
Among altcoins, Kaito (KAITO) is the top trending on CoinGecko and recorded a significant price increase of +51%, making it the top gainer on Binance. Conversely, Bounce (AUCTION) experienced the largest decline at -11%. Meanwhile, Pi Network (PI) became the most trending coin on CryptoRank.
DeFi Market: TVL Experiences Decline
Total Value Locked (TVL) in the DeFi ecosystem decreased by 3.5% to $141 billion. However, some projects still show growth, such as Notional (+21%) and Moonbeam (+13%). Conversely, Alephium experienced a TVL decline of -12%.
NFT Market: Volume Down, But Some Collections Surge
The NFT market also experienced contraction with trading volume down 6.2% to $8.65 million. Nevertheless, some collections still attract attention, such as:
Pudgy Penguins (1.6 million volume) – Top collection by volume
CryptoPunk #6182 (129 thousand) – Most expensive NFT sold
Fableborne (+954%) – Collection with the highest volume growth
Conclusion
The market remains in a very volatile condition, with high selling pressure on several assets. Nevertheless, some projects like Kaito in altcoins and Fableborne in NFTs still show strong performance. For investors, this could be a moment to monitor trends and seek the best opportunities amid market uncertainty.