For lots of people it feels like the market just pulled back after a very strong performance over the last 3 months

Reality is that ETH/BTC and to a lesser extent, SOL, are up decently.

Obviously HYPE and FARTCOIN are up a ton and are all over the timeline.

And few leading DeFi tokens have massively outperformed the market e.g. AAVE, PENDLE, SKY (though it feels CT has been sleeping on them).

But in practice most top100 tokens are... down.

Lots of dispersion here, clearly the rising tide did not lift almost boats.

Contrary to prior cycles, timing the market is clearly not enough, your asset selection matters a lot. Much harder.