The CoinMarketCap 100 Index chart shows a clear shift in momentum over the last 24 hours. The market started with a steady upward move, pushing the index close to the $150 level, but the strength didn’t last long.

A sharp rejection followed, and prices dropped quickly toward the $145 zone. This kind of move usually reflects strong selling pressure and profit-taking after a short rally. Right now, the market looks a bit weak, with buyers struggling to regain control.

If the index holds above current levels, we could see a small recovery. But if selling continues, further downside is still possible.

For now, it’s a market that rewards patience—better to wait for clear direction rather than rushing into trades.