In this round of market, mainstream cryptocurrencies are collectively weakening. BTC has fallen by 1.25%, ETH has dropped even more by 2.22%, and XRP, SOL, BNB, and others have also experienced varying degrees of correction. It seems the market is digesting the pressure.

Interestingly, many small-cap coins are instead rallying against the trend. PEPE has increased by 0.77%, and BREV has surged all the way to 6.17%. This indicates that funds are quietly shifting.

Looking at the 24-hour gain leaderboard, the situation becomes even more apparent. ELF skyrocketed by 53.97%, BABY and GLM also posted double-digit gains (18.56% and 10.93%, respectively). WAXP, ACH, and KAITO are all fluctuating above 5%. It appears that hot money is exploring new opportunities.

Additionally, in the crypto stock trading sector, Treasure Global Inc. surged by 39.02%, and DeFi Technologies increased by over 10.3%. In contrast, the performance of traditional assets remains quite calm. This actually reflects that the relative strength of Web3-related assets is on the rise.

Overall, the feeling is: major coins are consolidating, small coins are volatile, and incremental funds seem to be searching for new growth points.