板块

Wrote earlier about AAVE jumping over 10% this morning. Checked the sector again around noon and found the narrative has forked into two lines.

One line is the DeFi blue chips recovering, like AAVE and MORPHO, which have TVL and interest rate stories. The other line is the risk assets resonating due to the soaring US stocks, particularly SK Hynix and Micron.

In the crypto space, the secondary narrative is most afraid of "all good news" because funds are limited. The fork indicates the market is selective. Those that can release earnings reports, secure financing, or have a set listing time get to cash in first. The ones relying solely on slogans for a rebound are pushed to the back.

On CoinGecko, BEAT and SKYAI are still among the top losers, and H is struggling too. Meanwhile, LAB and GRASS are on the rise at the same time. This shows rotation rather than a general upswing.

I focus on sector rotation based on one main line. Today, I’m picking DeFi recovery because the on-chain lending data is still there. The strength of storage stocks is just a macro backdrop for me. I won't gamble on Korean stock sentiment with my DeFi positions.

In a forking market, being greedy for everything can easily lead to getting hit from both sides.

$AAVE #板块 #DeFi

▎ Encryption · Hot Topics
$ATM outperformed $BTC by about 20.86%

Market backdrop: $BTC 24h +0.28%, $ETH -0.12%, spot USDT is up about 35.93%, overall weak.

1. 24h 21.15%
2. Trading volume 5.54M USDT
3. Volatility 39.5%

💡 In a rotation phase, watch the persistence of relative strength—don’t just look at single-day gains.

📣 When funds rotate, is it still a single-coin independent narrative?

—
For information sharing only and does not constitute investment advice.

#相对强弱 #板块 $ATM

▎ Hotspot Scan
$HEI outperformed $BTC by about 37.66%

Market backdrop: $BTC 24h -2.67%, $ETH -5.01%, spot USDT against about up 27.36%—overall weak.

1. 24h 34.99%
2. Turnover 31.8M USDT
3. Volatility 50.36%

💡 In the rotation phase, look at the persistence of relative strength, not just a single day’s gain.

📣 When capital switches, is it still a single-asset standalone narrative?

—
For information sharing only and does not constitute investment advice.

#相对强弱 #板块 $HEI

▎ Encryption · Hot Spots
$DOGS outperformed $BTC by about 19.69%

Market background: $BTC 24h +1.15%, $ETH +1.25%, spot USDT against about 52.2% up, overall differentiation.

1. 24h 20.84%
2. Trading volume 5.8M USDT
3. Volatility 30.88%

💡 During the rotation phase, look at the persistence of relative strength—don’t only focus on single-day gains.

📣 Is the capital switching, or is it still a single-coin independent narrative?

—
For information sharing only and does not constitute investment advice.

#相对强弱 #板块 $DOGS

▎ Encryption · Hot Topics
$ZKP outperformed $BTC by about 33.89%

Market background: $BTC 24h +1.36%, $ETH +4.63%, spot USDT is up about 67.55%, overall bullish.

1. 24h 35.24%
2. Trading volume 6.1M USDT
3. Volatility 51%

💡 In a rotation phase, watch the persistence of relative strength—don’t just look at single-day gains.

📣 Will the funds switch, or is it still a standalone narrative for each coin?

—
For information sharing only and does not constitute investment advice.

#相对强弱 #板块 $ZKP