CeFi rally today is telling us something important about market sentiment. When uncertainty hits, traders run to centralized platforms they trust. OKB, BNB, and other exchange tokens getting bid up while DeFi protocols stay flat.
This rotation happens during transition periods. Not quite bullish enough for full risk-on DeFi plays, not bearish enough to exit crypto entirely. So money parks in the "safer" crypto assets - exchange tokens with real revenue and established businesses.
If this CeFi strength continues, it usually signals the market is preparing for the next major move. Exchange tokens lead, then Bitcoin follows, then altcoins explode.
