Rotation Trudges On

Most crypto sectors turned green overnight, but not all of them for the same reason.

SocialFi led with a 3.5% jump, CeFi ripped on a 21% CC rebound, and L1s caught a bid behind $SOL and $ZEC

Only Layer 2 slipped, even as $ZORA spiked 9%, showing the move is selective, not broad.

This clearly is not yet a market rally since capital is still busy rotating between narratives.