$STRK has pulled back from its high but is still up around 54%—my take: Is the weekend L2 rotation entering distribution, or does it have more room to run?

CoinGecko’s current price is around 0.109, still up about 54% over 24 hours. OKX’s intraday high was around 0.124 and low around 0.069. The funding rate is about +0.004%, so long positions are starting to pay a small fee. Over the same period, $TIA is still up around 24%, but $BTC remains stuck around 82,900–83,100 (Coinbase/OKX). My take: the pullback after an early-session surge suggests selective momentum in the weekend L2 rotation is starting to fade—not the start of a new, broad risk-on move. First, watch whether it can hold 0.105–0.109; if it loses 0.093 (near the UTC 8:00 open), the short-term outlook could weaken quickly. Chasing highs with leverage is risky.

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