According to QCPgroup, the cryptocurrency market has not reacted to recent positive developments, such as crypto-friendly US regulation and ETF progress. This lack of price movement in response to good news indicates short-term market fatigue, which QCPgroup identifies as a classic sign of late-cycle behavior (source: QCPgroup). This suggests that traders should be cautious about near-term upside momentum, as market sentiment may be weakening even in the face of encouraging headlines.