Today’s market is quite interesting. The overall market shows divergence, with many coins rising and then falling back.

The most eye-catching are DEGO and SAPIEN, the former up 6.59% in 24 hours, and the latter not far behind, with a 6.03% increase and reaching a new high today. It seems some funds are positioning at the bottom.

But the downside is also quite clear—IO’s trend is rather uncomfortable, with a sharp rise followed by a quick turn downward, nearly a 10% drop in 24 hours. THE and KAITO also experienced this kind of "trap rally," falling 5.21% and 5.9% respectively. Binance’s own token also didn’t escape, with a decline of 5.86%.

What’s more noteworthy is that API3 and ACA have already touched today’s lows, with declines of 5.43% and 5.2%. The downward momentum is quite strong this time; it remains to be seen whether they can hold their support levels.