Market Snapshot: Broad Weakness Across Majors
The market is broadly in the red, with most large-cap assets facing continued selling pressure.
• $BTC is trading around $87.7K (-1.4%), struggling to hold key psychological levels.
• $ETH underperforms at $2,867 (-2.6%), still showing weakness after repeated rejections near $3K.
• SOL, LINK, ADA, SUI are all down between 2–3%, reflecting weak risk appetite across alts.
• DUSK stands out on the downside with a sharp -14.7% move, signaling heavy distribution.
• On the flip side, $AUCTION is the clear outlier, surging +41.9%, showing that selective capital is rotating into niche plays.
• PAXG remains flat to slightly positive, acting as a defensive hedge amid volatility.
Overall, this price action suggests risk-off sentiment, with capital concentrating in a few strong narratives while the broader market consolidates. Until BTC and ETH reclaim key resistance levels, upside momentum across alts is likely to remain limited.
