Good morning, everyone ☕️ This morning’s market continues to reflect a very familiar phase: Liquidity is still in the market… but it’s no longer flowing evenly. Looking at the board, capital is clearly rotating into AI and narrative-driven plays: $PHA $AVNT $CFG $KAITO $RENDER $FET These are the projects still maintaining volume, growth narratives, or strong short-term attention from traders. Meanwhile, on the other side: $ASP $POR $GMT $ARG $NEAR $JUP $PRCL are still facing selling pressure and profit-taking. What’s interesting is that the market no longer works like: “Bitcoin goes up → everything pumps together.” Now the market is driven by: narratives, attention, and liquidity. If a coin still has attention, it still has money flowing in. If it loses volume, it gets left behind very quickly. That’s also why this market feels so difficult right now: The index itself may not look weak… but many portfolios are still bleeding slowly every single day 🥲 #FedHikesBackOnTheTable #TrillionDollarIPOs #SECTokenizationDelay