The general market sentiment has shifted to a heightened state of caution, with $BTC dipping below the key $67,000 USDT level, marking a ~2.4% pullback in the last 24 hours.
**The Alpha on Market Sentiment:**
1. **$BTC Key Level:** The drop indicates a new short-term phase of caution and reduced trading activity. Traders are now laser-focused on whether this level acts as a launchpad for a retest or a breakdown into deeper support.
2. **$ETH Follows:** $ETH has followed suit, with a decrease of ~3.3% in 24 hours, and the ETH/BTC ratio also showing a slight decline. This shows 'risk-off' behavior is currently impacting the majors.
3. **Altcoin Action:** While the majors consolidate, some altcoins like $LDO have shown strength, but the overall cautious tone prevails.
**🎯 Trading Tip: Watch the Consolidation**
Don't panic trade the chop. The market is now resetting around key psychological levels. For $BTC, watch the $65,000 – $67,000 range. A strong candle close *above* $67k on the 4-hour chart is a bullish signal. A failure to hold $65k could open the door to a sharper correction. Patience is alpha in a consolidation phase.