Been scrolling through the top caps today, and the market seems balanced but also kind of tense. BTC and ETH are still holding their ground, but the real story to me is how much rotation there is under the surface.
Some large caps are quietly grinding up on the weekly, while others look heavy, and a few mid-to-large caps have had surprisingly strong bounces after pretty ugly drawdowns. Stablecoin supply staying huge also feels like an underrated signal. On one hand, it suggests a lot of sidelined capital; on the other, it shows how cautious people still are.
Volumes are decent but not euphoric, which makes this phase harder to read than a straight uptrend or panic sell-off. I’ve been trying not to do much lately, mostly holding core positions and occasionally borrowing against some long-term assets on nехо for flexibility and I’m active on other exchanges as well.
Feels like a time where patience matters more than perfect entries. Are you guys treating this as accumulation, distribution, or just noise before the next bigger move