# Broad Market Review: Melt Up Engaged

- Channel: [Josh Olszewicz](https://www.youtube.com/channel/UC587BAG9cLTYtJ7Q4CqcOnw)
- Published: 2026-04-25
- Source video: [Watch on YouTube](https://youtube.com/watch?v=oMfrpp5D_48)
- Read on ReadTube: https://www.read.tube/p/videos/oMfrpp5D_48
- Language: Original (source language)

## Summary

**Market Melt Up and Top Trade Setups**

The market is currently experiencing a broad melt up led by technology and semiconductor stocks, which are hitting all-time highs while most other sectors remain stagnant. Despite this strong momentum in legacy markets, the host notes that crypto assets and commodities are largely failing to rotate this wealth, making them less attractive for active traders. Consequently, he suggests focusing on specific high-setup opportunities like Near, ETN, and XMR rather than chasing overextended tech assets.

The market is currently in a state of broad expansion, with legacy indices like SPY and Qs hitting all-time highs. The primary driver of performance remains the technology sector, specifically AI, chips, and high-performance computing. Other sectors such as commodities, energy, and the majority of altcoins are lagging significantly, offering few compelling trade setups. While some assets show potential with technical patterns like inverted head and shoulders or cup and handle formations, most of the market remains in a 'too hard' category that fails to justify the risk.

- Technology and semiconductors are the clear leaders; chasing them at all-time highs is difficult but necessary for momentum.
- Most crypto assets lack relative strength, though specific setups like Near, Zcash, and Monero warrant attention due to their technical patterns.
- Energy and commodities, including gold and oil, appear overextended or lack clear trend momentum, making them poor candidates for new long positions.
- Investors should focus on high-probability technical setups—such as pre-breakout patterns—rather than forcing trades in stagnant or exhausted sectors.
- Avoid high-beta volatility unless the specific asset shows a clear, actionable technical structure supported by favorable volume.