Total value locked in DeFi has crossed a key resistance level as lending markets reopen after a multi-week deleveraging.
Why this matters
This is the kind of move that signals where the market is heading. The price action above is consistent with our daily model output — see the predictions page for forecasts on all major coins.
What to watch
- Volume confirmation on the next session
- Whether the move holds through US-hours trading
- Reaction from major derivatives venues
For more context on how we read these signals, see our reading market signals primer.