In the past hour, there has been a clear divergence in the futures market (USDT trading pairs) of a leading exchange. On the bullish side, Qtum led the gains with a 4.18% increase, followed closely by Collect with a 4.16% rise, and GUNZ also gained 3.52%. On the downside, Axie Infinity experienced the largest decline, dropping 4.33%, Arcadeum fell 4.23%, and Swarm Network shrank 3.0%. In this market movement, the battle between bulls and bears is quite evident—small-cap coins are highly volatile, and large-scale capital movements in the futures market are clearly visible. Trading volume data further confirms the market's activity level and participation enthusiasm.