When you step back from the noise and really examine the total crypto market cap structure, something becomes pretty clear.

The fundamentals are still intact. Higher lows are holding. The trading range hasn't broken. We're seeing compression build up, but no actual breakdown.

So here's the real question: does this actually look bearish to you? Because what we're observing right now is textbook market behavior—exactly the kind of consolidation pattern you see before meaningful moves happen.

That's just how these cycles work. Strip away the daily chaos and watch the actual price action. The structure tells you everything.