Today the gainers leaderboard is fully taken over by DeFi—lending, collateral, and re-collateralization along the whole line are all green. SPK is leading: up 26% in 24 hours. MORPHO is up 21%. ENA has traded up to 100 million USD. Even AAVE, up 16%, is still bringing along 55 million. Just after noon, LDO finished catching up; ETHFI and PENDLE moved along with it. The money is rotating within the same track.

But the real signal is outside the leaderboard—funds are starting to flow back into RWA and established coins. $ONDO It’s up 5%, with 24 million USD in trading volume, making it pretty clear that the RWA blue-chip is taking over the baton. $DASH Even these payment coins from 2014 are up 6%; over there ZEC has 260 million USD in trading volume in a single day—old trees blooming, that kind of vibe.

Chasing DeFi in the front of this move isn’t as good as waiting for a pullback. On the RWA track, buying the dip feels more worthwhile—keep leverage within 3x and play it slowly. Whether it rises a lot or a little doesn’t matter; as long as the direction is right, just hold on. Why the rush? #加密市场 #DeFi