Crypto Roundup 4.08: $BTC +0.9%, Degen Index 71, and 16 Token Analyses

Market: Green, but Fear Lingers

On August 4, the major cryptocurrencies closed the day in the green. $BTC rose 0.093% to $63,965, $SOL soared 9.5%, and $ETH edged up modestly by 0.024%. The star of the day is $TON, up 94.6% to $1.6.

But here’s the problem: the market is drowning in fear. The Fear & Greed Index has dropped to 25-the “Extreme Fear” level. Meanwhile, funding rates for $SOL have ballooned to 0.01, while those for $ETH remain at 0.0075-clear signs of overheating. Bitcoin dominance at 56.5% indicates that big money is positioning itself, while altcoins are dancing on hot coals. Total market cap of $2.27 trillion has risen by 0.3% over the past 24 hours. Stablecoins are strengthening-$306.9 billion.

The Degen Index is at 71 out of 100-that’s the yellow zone. No need to panic, but don’t get too complacent either.

What the team found

Over the past 24 hours, we scanned 854 tokens and published 16 articles. Here are today’s highlights:

• $DOOM soared 14,000%-the pattern holds, but the LP isn’t locked (SKIP 4/10)
• $TIKTOK +11,568%-distribution trap, SKIP 4/10
• $MEGUSTA +2,138%-11 hours old, but CASINO 5/10
• $SOUNDSBIG +687% with no lock on LP - SKIP 4/10

Losers were also caught: $JORDAN -87%, $SLAP -88% following the verdicts. DeFi Analytics: $NEXUS BTC +15% is gaining TVL, but $uniBTC is down 16.2%-Bedrock is losing trust.

What to watch for tomorrow

Keep an eye on $BTC’s recovery above $64K-it’s a sign that fear is starting to subside. $TON is on a roll, but it needs to consolidate. The key question is whether there will be a flow of stablecoins from the strongholds back into altcoins, or if this marks a downward reversal. Funding on $SOL calls for a correction.