The crypto market has undergone a sharp reversal in sentiment, and it's worth understanding what triggered this shift. Market participants have suddenly reassessed their positioning, with traders rotating away from previous conviction trades. Several factors are converging: liquidity flows are tightening, key resistance levels are being tested, and on-chain indicators are sending mixed signals. The psychological impact matters—when whale activity or institutional moves signal uncertainty, retail traders often follow suit, creating feedback loops. Looking ahead, this sentiment reset could reshape near-term price action and trading volumes. Whether this marks a temporary correction or a more structural shift depends on whether fundamentals can stabilize or catalyze new conviction. Keep an eye on how exchange inflows and order book depth respond in the coming sessions.