Crypto market sentiment has shifted into Fear as traders step back from obscure altcoins to focus on larger-cap assets. According to sentiment platform Santiment, investors are currently debating which major cryptocurrency, like Bitcoin, Ethereum, and XRP, might lead the next market movement. This cautious approach reflects a more risk-off mentality among traders. Following two days of neutral sentiment, the Crypto Fear & Greed Index registered a score of 44, signaling fear in the market. Bitcoin's price remains unstable, facing discussions about a potential downturn, with mentions of testing monthly lows. Despite growing calls for an altcoin season, analysts suggest it may come with the introduction of more crypto ETFs. Meanwhile, the Altcoin Season Index shows some potential movement towards altcoins, currently scoring 56. Some traders believe the market is experiencing a final shakeout for undervalued altcoins, asserting that this market cycle differs from previous ones. Overall, the current market sentiment depicts a transitional phase driven by larger-cap considerations and underlying caution among traders.

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