Latest Crypto Market Update
The crypto market showed narrow gains with clear rotation, signaling cautious positioning rather than a full risk-on rally. Tokens like $ZK (+2.84%), along with FIL, STRK, LDO, and PEPE posting around 2% gains, suggest selective accumulation by traders focusing on specific narratives instead of broad buying.
On the downside, CORE plunged 9.74%, marking the session’s sharpest drawdown and highlighting how quickly crowded trades can unwind. COMP, RPL, CELO, and OKB also moved lower, though losses remained relatively contained compared to CORE.
Market takeaway: This price action points to fragile stabilization, not a confirmed trend reversal. Dip buyers are active but cautious, while overheated assets are facing fast mean reversion. Volatility and rotation are likely to remain key themes in the near term.
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