I looked at the charts – cryptocurrencies are currently at an interesting point. Bitcoin is holding around 74,000, Ethereum jumped to 2,300, Solana slipped to $83. At first glance, it looks stable, but digging deeper, the picture is not so clear-cut.

Recall what happened a couple of weeks ago – Saturday started with panic, the market declined due to geopolitical events. Bitcoin then dropped below 64,000, and the entire altcoin season lost 5-10%. But by Sunday, a rebound began, and people started buying the dip. Solana then rose 10%, Ethereum 7-8%, XRP gained 5-6%. It looked like a classic "buy on fear," and many thought the bears had surrendered.

But here’s the catch – those weekends had low liquidity. When futures opened on Monday and traditional markets kicked in, the picture could have changed dramatically. If stock indices fell or oil surged, the crypto optimism could have evaporated within a couple of hours. Essentially, it was a rebound on low volumes, not a full-fledged reversal.

Now, weeks later, it’s clear that the market still hasn’t decided. The weekly indicators back then were in the red – Bitcoin fell 1.6%, XRP 2%, only Solana and Ethereum remained in the green. So, the weekend rebound didn’t turn into a sustainable growth. Volatility remains, but there’s no clear direction.

XRP is particularly interesting – integration into the Rakuten payment app for tens of millions of users was supposed to be a catalyst, but the coin has yet to break through key levels. Whale accumulation exists, volumes are high, but the trend remains downward.

The simple conclusion: the market moves from event to event but doesn’t really progress. Until macroeconomic and geopolitical clarity emerges, crypto will keep bouncing back and forth. Rebounds happen, but they are fragile and quickly fall apart on news.