Matrixport released a chart today stating that the total market capitalization of the crypto market has been steadily rising since the end of 2023, reaching a high of nearly $3.9 trillion in 2025. Looking back at recent corrections, the overall lows have slightly dipped below the previous cycle's highs. This aligns with increased institutional participation and a more stable portfolio structure. Even though the total market capitalization has recently fallen to around $3.0 trillion, the market price center has not shifted downwards, and the lows are still trending upwards, indicating a continued constructive trend. With easing macroeconomic constraints, the market is expected to reopen upside potential from its current level and enter a more sustainable recovery phase.