TLDR - Daily Market Report #637
- Markets in full stress mode. Fear & Greed at 5 (extreme fear).
- $BTC 65K, below production cost (73K), electrical cost 58K. Heavy ETF volume, miners under pressure.
- $ETH 1.9K. Ongoing L2 drama, Vitalik selling near lows, narrative confusion hurting sentiment.
- Majors bleeding: $BNB 622, $XRP 1.30, $SOL 80, $DOGE 0.09.
- One standout: $HYPE 33, showing strength after metals + prediction markets.
- Oracles & infra hit hard: $LINK 8, $PYTH 0.04.
- Privacy crushed: $XMR 300, $ZEC 214.
- L1/L2 pain everywhere: $SUI 0.90, $DOT 1.27, $NEAR <1, $POL 0.10, $ARB deeply underwater.
- Memecoins smashed: $PENGU ~0.006, $PUMP 1B mcap despite buybacks.
- Gold & silver still outperforming risk assets.
Message: protect mental health, consider DCA on majors if aligned with your plan, or step away and reset.