Almost all the top ten gainers are familiar faces. Chase INJ and ZEC and get stuck holding the bag, or position for a catch-up rally? I’m going with the catch-up rally.$ONDO This RWA leader is quietly catching up. It hasn’t even reached a 0.1x gain, and volume hasn’t picked up much either—this is just a warm-up.

Capital is still rotating among familiar names. INJ is leading at around 0.13x, on only about 10 million in volume; ZEC is up around 0.11x on increased volume, with nearly 250 million traded; QNT is breaking out on increased volume, up nearly 0.09x, with 15 million in volume— infrastructure is catching up too. UNI, ETH, NEAR, LINK, and ENA are all reruns of the same old story. The Fear & Greed Index is stuck at 50, so chasing the highs just means holding the bag. ONDO is hovering at 0.41, with a short-term high of 0.42 and a weekly high of 0.61. It still needs to climb nearly another 0.5x to reach its previous high. The spillover is hitting ONDO and QNT first.

If it falls below 0.39, the catch-up rally is off—don’t get attached. If it breaks above 0.42 on declining volume, that’s off too: a pure bull trap. Are the bears still camped below 0.4 waiting for a waterfall? It hasn’t even reached halfway up the weekly chart—keep that short open as a stepping stone for the bulls.#加密市场 #AltcoinSeason