Extreme fear still dominates crypto trading; the Crypto Fear and Greed gauge rose to 18 today, only slightly above last week’s low readings around 10, which marked the deepest stress since the index appeared.
Bitcoin is currently trading above the $90,000 level, marking a 4% increase over the past day. It moves around liquidation zones rather than fresh territory, with outflows from some structured products and concern over global growth still shaping decisions in major venues.
Within that backdrop, most altcoins continue to show weak weekly charts, yet a handful of names move higher in spite of caution. Kaspa, Flare, and SKY sit in that group today, each posting double-digit gains from yesterday’s levels, which gives a narrow look at the kind of stories that still attract attention when market participants remain nervous.
Fear and Greed Index (Source: CoinMarketCap)
Kaspa: High Throughput Story Keeps Interest Alive
Kaspa is trading near $0.059, up by about 16% in 24 hours, after a stretch of heavy trading that lifted both volume and open interest compared with earlier sessions this month.
The latest leg is mainly linked to continued interest in its proof of work design that targets fast confirmation times and parallel block production, together with steady miner engagement despite weaker conditions across many other mining-focused coins.
Liquidity on larger exchanges remains workable, with depth across key pairs supporting rotation between Bitcoin, stablecoins, and Kaspa itself, and that structure helps the token hold intraday gains even while fear readings stay in extreme territory.
Flare: Data And Reward Programs Support Move
Flare’s FLR token is trading near $0.015, up by roughly 13% on the day, with 24-hour volume higher than last week’s average.
Flare Price (Source: CoinMarketCap)
The interest ties to its focus on data feeds and cross-chain connectivity, together with reward programs that continue to distribute incentives to holders and participants in staking and delegation routes. Those mechanisms keep yield-oriented accounts engaged during a period when many speculative plays lose volume.
Order books show a steady two-way flow around current levels, with liquidity providers still active across major trading pairs. That pattern, combined with the ongoing rollout of integrations and incentive rounds, helps FLR stay in watchlists for desks that prefer assets with recurring network activity instead of one-time promotional bursts.
SKY: Smaller Cap Rotation During Quiet Conditions
SKY is trading near $0.047 at the time of writing, up around 11% in 24 hours according to price aggregates, and sits within the smaller cap bracket where swings often look sharper during thin sessions.
Public feeds and trading data do not point to a single large announcement in recent days, which suggests that the move relates more to rotation into names that still provide liquidity for shorter-term strategies than to a fresh structural change inside the project itself.
Volume today runs above prior days while spreads remain manageable on active markets, giving traders room to move in and out without extreme slippage. That setup matches periods when selective appetite returns for secondary tokens, even though attention and capital remain concentrated in larger ecosystems and in simple Bitcoin or stablecoin exposure.
Altcoin Season Remains Fragmented Under Extreme Fear
Altcoin season metrics still sit low, and performance across most large caps this month underlines how far the market remains from a wide, synchronized rally.
The combination of extreme fear in the market and slower flows into complex products keeps many portfolios tilted toward caution, which suppresses the probability of an immediate shift into aggressive rotation across the entire altcoin space.
Against that setting, today’s gains in Kaspa, Flare, and SKY point to pockets of activity rather than a new phase for the cycle. Projects that can point to ongoing technical narratives, live reward programs, or workable liquidity still manage to attract attention on specific days, yet until fear readings recover more clearly and Bitcoin stabilizes in a tighter range, altcoin season is likely to remain fragmented and selective instead of broad and sustained.
The post Has Crypto Fear Peaked? KAS, FLR, SKY Rise While Caution Lingers In Altcoin Season appeared first on Cryptonews.
