Across-the-board red: majors steady, alts slip — AAVE bucks the trend, UNI most volatile, AVAX at s…

[00:00:14][music] >> Hi, I'm Ava Macina and this is the market update from The Coin Daily. Every coin on our watch list is down in the past hour, no exceptions.

[00:00:24]The drop isn't dramatic, but it's broad with majors faring better than alts today. If this flips and we start to see green on the short-term board, it would signal a loss of downside momentum.

[00:00:36]Let's start with the market board.

[00:00:38]Short-term action is negative everywhere. Every one of the tracked coins fell in the last hour and the moves are all tightly packed, not big splashes. This says sentiment is weak but not panicked. With majors holding up better than the smaller names if you zoom out.

[00:00:56]Funding's positive at 3.61% annualized. So, shorting isn't crowded.

[00:01:02]Liquidations were low at 2.23 million dollars across our tracked pairs in the last hour.

[00:01:09]It's a quiet tape, so patience pays unless you see a clear level shaping up.

[00:01:15]Drilling down into the scoreboard, Aave is the only coin in the green today, up 2.34%.

[00:01:22]Bitcoin is basically flat, down 0.02%.

[00:01:27]Most of the board is red. Litecoin, Sui, Avalanche, and Cardano are down between 2% and nearly 3%.

[00:01:36]No big outlier reversals, just steady pressure.

[00:01:40]Zooming in on Aave, the upside standout, Aave stands alone on the upside with its last price at 95.6 dollars, the best return in the group while most other names are sliding.

[00:01:53]But that bounce comes with caveats.

[00:01:56]Aave 0.75% in the past hour and is down 3.42% for the week with support shown at $95.56 and resistance at $95.74.

[00:02:10]It is trading in a very tight range around today's close.

[00:02:14]If it holds above 95.56, it could maintain its edge, but a break below that support opens a quick path lower.

[00:02:23]Over to Uniswap, the volatility story.

[00:02:27]Uniswap is the wildest coin on the board by realized volatility, moving more than any peer this week and staying hot today.

[00:02:36]But right now, it's boxed in a tight range between support at 3.671 and resistance at 3.687.

[00:02:44]Positioning is neutral, no clear crowding either way.

[00:02:48]If Uniswap breaks out of this pocket, expect the next move to be abrupt. But if it stays stuck, opportunity is limited to fast scalps. Finally, the deep cut, Avalanche at a key spot.

[00:03:02]Avalanche trades at $6.5 with a key level at 6.4967.

[00:03:07]This is a straightforward level test.

[00:03:10]The display points to 6.49 as the whole target and 6.52 as the break target.

[00:03:18]Funding leans slightly negative, so short bets aren't getting paid much to stay in.

[00:03:24]Before we go, the levels that matter today.

[00:03:27]Levels to watch. Uniswap is boxed at 3.68.

[00:03:32]Aave holds near 95.48.

[00:03:36]Bitcoin sits at 65,894 and remains the line to watch for a macro move. Uniform short-term weakness, but it's not a panic, just steady red.

[00:03:47]Aave and Uniswap are your outliers.

[00:03:50]Otherwise, it's a day for discipline, not hero trades. That's your market update for this morning. Subscribe and ring the bell so you never miss the morning read.