A few months ago, I was closely monitoring the FIGHT radar and the narrative of tokenized gold that was taking shape. Now that we review recent movements, things look interesting from a different perspective.

FIGHT has shown momentum in recent weeks, although the percentage gains from months ago no longer apply. What draws attention is how it continues to attract retail flows around the mix of meme coins with assets like gold. ELSA also remains on the radar, although with more moderate volatility lately.

Regarding gold ($XAU), the levels remain relevant: that historical support near $4,900 and the potential break above $5,000+ that was observed back then. Meanwhile, BTC and ETH continue to anchor institutional flows, creating that typical contrast between retail rotation into more speculative assets and the solidity of major players.

The interesting part is seeing how the FIGHT radar remains relevant for those seeking exposure to this narrative of tokenized assets. Some traders take advantage of key levels for tactical entries when they align with gold movements. Will it continue to be a key player in the market’s upcoming moves? It will depend on how that support and resistance we’re all monitoring evolve.