Seeing a good flush across the board for Base coins, this is perfectly healthy considering the market conditions when any old shit was getting pumped
The question is was that the top or will there be a round 2
Looking at the base majors $KTA and $VVV, and the onchain major $ETH I think we are due for round 2
The $KTA dip was defended heavily and $1 was not even touched, I would be concerned if the chart lost $1 which didn't happen
$VVV and $ETH are both showing strength and the charts look ready for round 2
Flushes like this are good because instead of the market trying to buy like 10-20 coins, capital is concerned on just a few which leads to better and healthier pumps
I think $GIZA and $LAY (at least) will be some of the tokens primed for the second round
The tokens which have topped are those that have barely done any new developments and literally only pumped because people were looking for unpumped charts, the pumps on these charts were totally undeserved and were driven purely by FOMO