The cryptocurrency market recently pulled back 7.3%, with $340 billion withdrawn, triggering fears of a 'cycle peaking', but analysts believe it is more likely a bear market trap. Meanwhile, XRP's short-term trend is approaching a critical window, and the Memecoin market is undergoing rapid reshuffling, with new forces like Remittix and Little Pepe emerging.
Market Cycle Controversy: The Bull Market is Not Over, Four-Year Cycle May Become History
Since hitting an all-time high on August 14, the crypto market has shown a notable pullback: Bitcoin has dropped 7.5% from its peak, and Ethereum has fallen 10% from its 2025 high without hitting a new high. However, analyst Alex Kruger believes that fears of a 'cycle peaking' are excessive, as the four-year crypto cycle has long since become ineffective.
He pointed out that the end of the 2021 cycle was driven by the Fed's 'extremely hawkish' policy in 2022, rather than natural laws of Bitcoin. Nowadays, Bitcoin resembles stocks more, with reduced volatility and slower growth following the approval of spot ETFs. 'The bull market won't end due to high valuations; it requires significant triggering factors,' Kruger emphasized, noting that the Fed's future dovish turn has not yet been reflected in prices. Under expectations of a rate cut in September, the current adjustment is more likely a bear market trap.
Historical data also provides reference: after a 40% market drop in September 2017, new highs were reached within three months; similarly, after a 25% drop in September 2021, new highs were also achieved.
According to the 'halving cycle theory', the cycle peak may appear in just over three months, and the current correction in the sixth month aligns with historical bear market trap characteristics.
XRP's short-term battle for survival: the next two days will determine the medium-term trend.
#XRP's technical situation is tightening, currently testing the 50-day moving average support level at $2.96 — this moving average was a key support during previous rebounds, but the risk of breaking it is rising. If it fails to hold, prices could quickly slide to the $2.78-$2.70 range, with the next line of defense being the 100-day moving average.
Declining trading volume intensifies bearish sentiment: insufficient buying means the market lacks impulsive entry, and with weakened liquidity, prices are susceptible to sudden sell-off shocks. Momentum indicators are also weak, with RSI falling below 50 indicating a loss of bullish momentum; if buyers do not intervene in time, it may approach the oversold range.
The next two days are a critical window: two to three daily charts are needed to confirm the trend — either holding the 50-day moving average and rebounding to the $3.10-$3.20 range, or breaking the support to initiate a deeper correction, putting XRP's medium-term upward trend to the ultimate test.
Is the Memecoin era receding? Utility tokens are taking over.
The hype for Dogecoin (#DOGE) and Shiba Inu Coin (#SHIB) is fading.
Although Dogecoin has a community base, breaking through the resistance level of $0.25 is difficult, with only an 8% increase recently far below previous highs, lacking new catalysts.
SHIB fell 9.4% in the past week, priced at $0.00001273, with a cumulative decline of over 58% in six months, as market interest wanes due to lack of progress.
In contrast, Remittix (#RTX) is rising due to its practicality, becoming a popular candidate for a hundred-fold coin by 2025.
It focuses on PayFi tools, staking, and mobile wallets, having raised over $20 million, with a trading price of $0.0969 and a token supply of 608 million. BitMart confirmed its listing, with support from legal settlements in 30 countries and CertiK audit endorsement, coupled with a surge in whale activity, allowing it to move away from speculation reliance and gain attention through infrastructure and product delivery. The market is shifting from 'meme speculation' to 'practical value', and Remittix stands at the forefront of this transformation.
Little Pepe: Meme + Technology, can it replicate the Solana miracle?
The new force, Little Pepe (#LILPEPE), has garnered attention, having raised $18.17 million in pre-sale, nearing the $19.32 million target, with the current token price at $0.0019 entering the final phase. It is more than just a Memecoin; it is an Ethereum Layer 2 solution, focusing on low fees and high scalability, centering on meme applications and the NFT ecosystem.
Core advantages are significant: anti-sniping bots and zero transaction taxes attract high-frequency trading; DAO governance ensures decentralization; innovative meme token launchpads may reshape project incubation models. The market compares it to Solana, and at the current price, if it rises to $0.75, it would present explosive growth, relying on the implementation of Layer 2 technology and the expansion of the user ecosystem.
Currently, LILPEPE has been listed on CoinMarketCap, passed a smart contract audit, and is set to launch on a top-tier exchange, with a $777,000 giveaway attracting over 208,000 participants. With its meme appeal and technological strength, it is seen as the next potential 'big hit'.
