GOOD MORNING Bitcoin continues to hold firmly around the $77K zone (+0.35%), acting as the main anchor that prevents the broader market from slipping into full risk-off panic. Large capital is still present, but clearly becoming more selective. Meanwhile, altcoins are showing clear divergence: $ETH: $2,096 (-1.02%) $SOL: $85.21 (-0.65%) $XRP: $1.35 (-0.60%) $DOGE: $0.102 (-0.94%) $OKB: $83.13 (+0.75%) What matters here is not just price movement, but the structure underneath: liquidity is rotating instead of flowing broadly In this environment, $HYPE stands out once again with a strong +7% move, continuing to attract capital within the DEX/perpetual narrative while the rest of the market struggles to find direction. Overall, the market is shifting into a new phase: - $BTC leads the structure - altcoins become highly selective - liquidity concentrates into strong narratives only As long as $BTC holds the $76.5K–$77K range, a short-term relief bounce is still possible. However, it is unlikely to be a broad-based rally like before. This is no longer a phase where everything moves together. It is a phase where: - not every dip is a buy - and selecting the right flow matters more than ever $BTC $ETH $HYPE