The cryptocurrency market is experiencing a capitulation phase, with the fear and greed index plunging into extreme fear. On-chain data indicates significant liquidations, affecting several major cryptocurrencies. QUBIC, TIA, SOL, XTZ, and RAY are trading near critical structural levels, suggesting potential for a rebound. Qubic is showing compression at historical demand levels, while Celestia is undergoing repricing. Solana is experiencing high-beta swings, Tezos remains relatively stable, and Raydium is testing support amid ongoing DeFi sector weakness. The potential for recovery in these assets hinges on liquidity conditions and broader macroeconomic stability.