Crypto market sentiment declines as Bitcoin continues to consolidate

It has been two months since Bitcoin’s latest all-time high. After rising over 370% in 16 months, Bitcoin is taking a well-deserved breather. Before this period of consolidation, discussions suggested that this cycle might be "left-truncated" and could end much earlier than previous ones. The idea particularly gained traction as Bitcoin surpassed its previous all-time highs before the halving. Now, it seems the excitement of the previous run has faded with market sentiment also declining.