Market Snapshot – Liquidity Conditions Flash Warning Signals Crypto markets are entering the first quarter of 2026 shaped less by price action and more by liquidity dynamics. While total market capitalization remains range-bound, weakening capital inflows and the erosion of stablecoin reserves signal a growing fragility in overall market structure. Recent data shows that stablecoin balances on centralized exchanges have become one of the primary indicators of risk appetite ac
