Why the Only Real Market Energy I’m Seeing Is Deep On-Chain

In this dead market, the only place I seem to still find any real energy is deep on-chain. BTC doesn’t seem to be able to hold $90K and alts barely make any price movement, but for microcaps, I keep seeing these quiet little sparks: tiny pulses of liquidity, odd wallet clusters, and those tokens that seem to come from out of nowhere, only to shoot up 10-20x before most anyone even notices.

I’ve been trying to lean more and more into that shift on-chain. I’m still trying to make sure that I’m not going into full degen mode, but I’m still trying to pay more and more attention to where the movement is. I also joined Bitget Trading Club Championship to focus on trading with a structure,and being ultra mindful of the tokens I’m tracking, making sure the entries are timed properly, and avoiding the common impulsive trade that wipes out a stack in these slow market conditions.

Using GetAgent in conjunction with this, I was able to determine which pairs actually have volatility, rather than just going for whatever is getting a lot of attention on Twitter. I’m not getting trade signals, I just have a more refined picture of where the volatility is building.

I feel like the main market on surface is frozen, but microcaps are building some infrastructure beneath the surface. Does anyone feel this same undercurrent?