In the same hot list, rankings are close but the fund meanings are opposite: $LAB 24h up 2.03%, market cap around $3.143 billion, with a volume of $23.25 million, and a turnover of only 0.74%; $ARB 24h down 2.66%, market cap around $522 million, with a volume of $35.11 million, and a turnover of about 6.7%. The Fear and Greed Index (FNG) rose from 13 to 18, indicating extreme fear, which shows that funds are not broadly chasing risk but are filtering between low turnover for price stability and weakening volume. If $ARB doesn't stop its downtrend with increasing volume, the L2 heat seems more like a clearing signal. Are you waiting for $ARB to stabilize with low volume, or are you looking at $LAB to confirm a volume boost? #热榜观察 #L2观察 #turnover divergence