Market Overview - The Altcoin Season Index is at 24, indicating a market primarily influenced by Bitcoin trends with limited breadth [1] - Current market activity is selective and event-driven, focusing on specific tokens rather than a broad risk reset [1] Policy Impact - Investors are assessing whether a more favorable policy tone can influence the short-term trajectory of altcoins or if recent gains are temporary [2] - The market reacted positively to President Trump's pardon of Binance co-founder Changpeng Zhao, reducing perceived policy risks for the industry [3] WLFI Token Analysis - WLFI is trading at approximately $0.14, reflecting an 11% increase in 24 hours, with trading volume surging by 210% [3] - Future performance of WLFI hinges on whether current enthusiasm translates into sustained participation and balanced trading across multiple venues [4] Morpho Token Analysis - Morpho is currently priced around $2.0, up 8% for the day, with consistent usage reported across lending routes [5] - Key metrics for Morpho include utilization, deposits, and maintaining price above support levels while balancing volumes [6] SPX6900 Token Analysis - SPX6900 is trading near $1.0, up 7% in 24 hours, benefiting from liquidity in meme baskets during relief periods [7] - Traders are monitoring the $1.05 to $1.10 range for potential continuation of the upward trend, with a drop below $1.00 indicating a short-lived move [8]