Bitcoin price fell to $66,400, keeping the total cryptocurrency market capitalization at $2.3 trillion.Market sentiment remains extremely panicked, with the relative strength index (RSI) entering oversold territory. The total market capitalization remains at about $2.3 trillion. Meanwhile, the market sentiment index remains in a state of extreme panic - a clear signal that investors are cautious. Markets remain under pressure, but declines are slowing As of this writing, Bitcoin (BTC) is trading around $66,400, reflecting a drop of nearly 3.6% over the past 24 hours and 6% on a weekly basis.The leading cryptocurrency dropped as low as… $65,000 It briefly hit rock bottom but has recovered slightly.Its market value is approximately US$1.32 trillion and its daily trading volume increased by 15% to US$43 billion. Dynamics Ethereum (ETH) is similar, with asset holdings around $2,000, and the stock remains under pressure after losing more than $2,000 last week.7% Ethereum price briefly dipped into the $1,900 range but regained and established its position above the $2,000 mark. The broader market is following this trend.BNB recorded a daily drop of 2.5%, down nearly 5% over the past seven days, and is currently trading at $613. XRP sitting at $1.33 indicates a drop of more than 7% on the weekly chart.Solana (SOL) is showing similar weekly performance with a price of $83 at the time of writing, and these movements indicate a lack of strength within the ecosystem. Overall sentiment remains depressed According to CoinMarketCap, the Fear & Greed Index hovers around 24 points indicating a strong sense of fear.Meanwhile, the RSI indicator remains in oversold territory - which is often a precursor to a technical rebound but does not guarantee a sustained recovery. The Altcoin Seasonal Index remains below the neutral threshold, meaning altcoins have failed to outperform Bitcoin.This is a classic sign of caution and insufficient risk appetite among participants.