The altcoin market still feels like it's in the doldrums right now. Sure, we're seeing some green candles, but I don't think we've broken free from the heaviness yet.

That said, there are a few spots catching my eye—$PEPE being the obvious one. The chart action on some of these lower-cap tokens is starting to show potential if you know where to look.

I'm keeping close tabs on the setup. The real catalyst comes next week when institutional capital actually starts flooding in. That's when we'll see whether this is just a dead cat bounce or the start of something more substantial. Until then, it's mostly watch-and-wait mode.