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Just checked the charts and memecoin index is down like 8.6% in the last day—that's pretty brutal compared to the rest of the market. DeFi tokens are getting hit too, down over 5%. Even the big boys like Bitcoin and Ethereum are feeling the pressure, though not as steep as the smaller stuff.
BTC slipped below 66k earlier, down around 0.59% on the day. ETH is holding a bit better at 2.06k with a 1% gain, and some alts like Solana, XRP, and Doge are showing mixed signals—ranging from slight gains to small losses. The interesting part is that some smaller tokens like POL and CC are actually posting gains around 2%, so there's definitely some rotation happening.
Looks like the market's getting cautious again. Spot Bitcoin ETFs saw net outflows of around 486 million, which probably signals some profit-taking. The VIX climbed to near 15%, highest in a while, so traditional markets are also on edge. There's a lot of macro uncertainty this week with jobs data coming up and some big policy decisions hanging over us. Might see more volatility before things settle down. Keeping an eye on support levels and waiting to see if this pullback is just a normal correction or something deeper.