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#Ecoinometrics : The #cryptocurrency #market hasn't just corrected. It has restructured.

The #Total market capitalization has fallen by about 25% from its peak, nearing 2021 levels, but the market structure has changed significantly. The share of Bitcoin and stablecoins has increased, while the share of Ethereum and the broader #Altcoin complex continues to decline.

Capital is concentrating around a few long-term use cases rather than being distributed across the entire ecosystem.

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VPeople keep saying we’re in a bear market for crypto… I disagree. What we’re seeing is a macro-scale pullback, not a collapse.

On the 4-day Total Market Cap chart, the low for 2025 printed on 11 / 01 / 2025 at $3.21 T, lining up perfectly with the 0.318 Fib extension and forming a strong liquidity grab before reversing higher.
The previous high sits near $4.27 T, which remains the key level to reclaim for full-trend confirmation.

Between $3.65 T and $3.24 T, we’ve got a clear liquidity zone — essentially a re-accumulation range where smart money accumulates before the next leg up. Notice how price wicked deep into that pocket, then bounced immediately; that’s textbook spring action, the same pattern that marks the end of most mid-cycle corrections.

From here:

The first major Fibonacci retracement to watch is the 0.382 at $3.62 T — holding above this keeps momentum intact.

The 0.5 level (~$3.74 T) is the first confirmation zone for a bullish retest.

A breakout through 0.618 (~$3.87 T) would likely open the path back to the $4.17–4.27 T region and, eventually, the golden zone around $4.44 T.

Overall In my Opinion

This entire move from $3.65 T → $3.21 T looks less like a bear-trend continuation and more like a long-scale accumulation phase — what Wyckoff called the “spring wick.”
Until we break below that $3.21 T low with conviction, I’m treating this as a pullback before continuation, not the end of the bull cycle.

In my opinion: it ain’t over yet baby 🔥