aliumutzabun

Biggest crash since covid crash of 2020 !

$BTC Bitcoin plunged from $126,000 to as low as $102,000, in what analysts described as a “needle-like wick” — a violent, short-term liquidation spike that terrified traders and wiped out billions in long positions.
0
🧩 Key Factors Behind the Crash

1. Massive Liquidations
When BTC broke below major support near $110K–$112K, leveraged long positions were force-liquidated across exchanges.
→ Estimated over $1.1B in liquidations within hours.

2. Profit-Taking at the Top
After Bitcoin’s sharp rally to new highs around $126K, whales and funds took profits. This triggered sell pressure right as liquidity thinned out.

3. Panic & Cascading Stops
Retail traders panicked as stop-loss levels triggered one after another, creating a chain-reaction drop. Fear indicators spiked across the board.

4. Macro Headwinds
Rising U.S. yields, stronger dollar, and ETF outflows added macro pressure. Risk-on assets (stocks and crypto) both corrected sharply.

5. Low Weekend Liquidity
The sharp wick was amplified by thin order books — fewer buyers meant a deeper, faster dip.

Market Data Snapshot

Total crypto market cap plunged by over $170B in 24 hours.

Altcoins were crushed: ASTER −34%, SEI −44%, AVAX −55%, PENGU −78%.

Bitcoin dominance temporarily rose as traders fled altcoins.

Sentiment swung from “Extreme Greed” to “Fear” in less than a day.

$BTC
Bitcoin has tanked below $108,000, plunging over -10% today.

Over $3.7 billion in positions have been liquidated, the largest single-day wipeout in Bitcoin’s entire history.

JUST IN ; $1.5 TRILLION evaporated from US markets in a single day..

$BTC

$BTC
Plunges Below $118,000 — Panic Grips the Crypto Market

Bitcoin’s recent collapse to the $118,000 zone has sent shockwaves throughout the crypto sphere. Few anticipated such an abrupt slide, and now the market is awash in panic, liquidations, and uncertainty. Here’s what’s going on — with real-time insights, market metrics, and a cautionary voice from my vantage point.

The Shock Drop: What’s Happening Now

Bitcoin’s retracement seems to be intensifying: technical charts show pressure toward the $118,000 support level.

As of today, analysts warn the market remains in a pullback phase — downward momentum could continue if key levels break.

Futures markets are resetting: open interest in BTC derivatives has declined by $4.1 billion, a signal that leveraged positions are being cleared out.

Some observers suggest this purge might be “healthy” — flushing out speculative excess before a possible rebound.

Meanwhile, macro headwinds linger: dollar strength, bond yields, and inflation data are injecting additional risk into risk-assets.

The Damage So Far & Broader Market Effects

With Bitcoin’s slide, many altcoins are bleeding harder — the entire crypto market is turning deep red.

Liquidations have surged. Reports cite over $1 billion in wiped-out positions as leveraged traders were forced out.

The break below $118,000 was especially symbolic: it was viewed as a psychological floor, and its breach triggered cascading sell orders.

Technical analysts point to a pending “trend break” — if descending lines give way, further downside could be in play.

My Take: What Investors Must Watch & Beware Of

1. Support at $118,000 is critical
If that fails, the next meaningful zone might lie much lower. The market could test $108,000 regions if the slide gains momentum.

2. This might be a shake-out, not a collapse
The reduction in open interest and forced liquidations could be part of a normal deleveraging process. If the core trend is still intact, a rebound is possible.
#SquareMentionsHeatwave

$ZEC
Zcash (ZEC)

Technical Overview:

ZEC is breaking out of a long-term resistance band in sats/bitcoin terms.

In USD terms, the breakout suggests the formation of a base structure resolving upward.

Pullbacks to prior resistance (now turned support) could offer re-entry zones.

Short‑Term Outlook:

Momentum has room — ZEC could run ~ +50‑80% from current levels if breakout confirms

But if ZEC fails above resistance and reverses, consolidation or drop toward base is possible

Must see follow‑through volume to trust the move

Relevant News / Token Metrics:

ZEC is frequently named among altcoins likely to outperform BTC this October alongside SOL and SUI.

The breakout is seen as breaking years of stagnation; the old resistance region is psychologically meaningful.

Because Zcash is privacy‑oriented, macro / regulatory context matters a lot — privacy coin sentiment and regulation shifts can tilt this heavily

$SOL

Solana (SOL)

Price: ~$220.04

Support / Resistance: Support around $205–210 | Resistance near $230–250

Momentum: Slight bearish tone; RSI is cooling, volume is soft

Short-Term Outlook: If SOL clears $230 with conviction, it could test $245; if it breaks below $205 on daily close, it risks dropping toward $185

Key News / Metrics: Ongoing ETF speculation, institutional accumulation, upgrade roadmap (Alpenglow) in focus

$ARB

Arbitrum (ARB)

Price: ~$0.4178

Support / Resistance: Support near $0.40 | Resistance around $0.46

Momentum: Neutral — trading in a range, awaiting breakout

Short-Term Outlook: A break above $0.46 could spark 8–12% upside; breakdown below $0.40 could open path toward $0.35–$0.38

Key News / Metrics: DAO approved $216M in grants to boost ecosystem; TVL / transaction growth remains steady

$AVAX

Avalanche (AVAX)

Technical Overview

AVAX trades around $28.31, down ~2.07% intraday.

Resistance sits near $30–$32. Support around $25 and then $20.

On‑chain metrics are healthy: active addresses and transaction volume trending upward.

The network's 30‑day fees and revenue are rising (indicating usage), per TokenTerminal metrics.

Avalanche’s network metrics (total transactions, contract calls) are showing incremental growth.

Short‑Term Outlook

If AVAX sustains above $30, we could see a run to $35+.

If it fails resistance and falls below $25, downside toward $20 is possible.

Likely to oscillate between $25–$32 unless a strong external catalyst triggers breakout or breakdown.

Key News / Token Metrics / Narrative Edges

Avalanche’s C‑Chain on‑chain transaction counts took off: from ~250K to ~1.2M in months, fueled by low‑value transfers and USDC movement.

Avalanche is being used in real‑world tokenization beyond DeFi: example — fine wine bottles being tokenized on Avalanche (each bottle as an NFT + provenance) via project CruTrade.

A small public company (AgriFORCE) is pivoting toward being an “Avalanche treasury company,” planning to acquire AVAX tokens and rebrand. That kind of institutional narrative, even if speculative, gives AVAX some PR tailwinds.
#MarketPullback

$SOL

Solana (SOL)

Technical Overview

SOL is trading near $218.38, down ~4.6% intraday.

It’s been consolidating in an ascending triangle pattern (36 days) — traders watching for a breakout above ~$207–$210.

Support zones: $185–$200. Resistance: $230–$250.

Open interest and futures data suggest strength: perpetual OI hit record levels even with price slipping.

Short-Term Outlook

If SOL cracks above $230 with volume, it could aim for $250+.

If support fails (below $185–$200), downside risk toward $160–$180.

A stable macro / ETF news catalyst could push it upward.

Key Catalysts / Risks

Approval or rejection of spot SOL ETF in October is a major catalyst.

On-chain activity & tokenization (RWA projects) are building narrative tailwinds.

Weak daily active addresses and falling engagement could hurt momentum.

$BTC

⚙️ Main Reasons Behind the Drop

1. Profit Taking
After strong rallies, investors naturally start locking in profits. That creates short-term sell pressure, pulling BTC down from recent highs.

2. Weak Momentum & Low Volume
Fewer buyers stepped in to support the price, leaving room for a temporary correction. It’s not collapse — it’s a cooldown.

3. Strong U.S. Dollar & Macro Pressure
The dollar’s surge and rising rate expectations pushed money away from risk assets. It’s a macro move, not a crypto failure.

4. Long Liquidations
Leverage traders got wiped as cascading liquidations hit across exchanges — a classic crypto flush to clean up overleveraged positions.

5. Healthy Technical Correction
No bull run goes straight up. BTC needed a reset before the next leg higher. The structure still looks strong on higher timeframes.

6. Regulatory & Sentiment Shocks
Rumors, lawsuits, and uncertainty always shake weak hands out of the market. But history shows — those moments create new entry zones.

7. Cycle Evolution
The old 4-year cycle might be shifting. This new era runs on liquidity, institutional flows, and global adoption — not just halvings.

$PYTH $PYTH (Pyth Network)

Current Price: ~$0.17 USD

Analysis:
PYTH has bounced off its $0.14–$0.15 support zone and is currently testing resistance around $0.18. The RSI on the 4H chart shows mild bullish momentum but not yet overbought. Volume has been moderate but stable, indicating accumulation rather than breakout commitment. If it clears $0.18 with conviction, next target zones lie near $0.22. Conversely, failure might force a retest of support at $0.14–$0.15.

On-chain and ecosystem signals: recent integrations and oracle demand from DeFi apps hint that usage metrics may improve, which could catalyze further upward moves.

My Take:
I’d consider accumulating in the $0.15–$0.17 zone with a stop below $0.14. If we get a clean breakout above $0.18, I’d shift to a more aggressive stance aiming toward $0.22.

$SEI I (Sei Network)

Category: Layer-1 / Trading Infrastructure
Market Cap: ~$1.3B
Current Price: ~$028

Analysis:
$SEI continues to trade inside a tight consolidation range between $0.26–$0.41, showing resilience despite broader market uncertainty. On-chain data reveals consistent wallet activity, and Binance’s recent derivatives open interest indicates growing leveraged long positions. The 4H chart shows a potential breakout pattern forming — if volume surges above $0.41, we could see a sharp move toward $0.45–$0.47 levels.

Momentum indicators (RSI ~58, MACD crossover forming) signal short-term bullish strength. However, if Bitcoin drops below $63K, SEI could revisit the $0.35 support zone before any upward continuation.

My Take:
Sei remains one of the strongest mid-cap Layer-1 plays this week. Accumulation near support and patience before the next breakout could offer an excellent R/R setup for experienced traders.

$NEAR $NEAR (NEAR Protocol)

Current Price: ~$2.73 USD

Analysis:
$NEAR is in a consolidation range between $2.60–$3.10. Recently it rejected the upper boundary and is pulling back toward the $2.65 support zone. Momentum indicators suggest a potential bounce if support holds. On the flipside, if we lose $2.65 decisively, NEAR might slide toward $2.40–$2.45.

Network fundamentals remain solid: continued development activity, protocol upgrades, and growing adoption in interoperable DeFi ecosystems strengthen its long-term narrative.

My Take:
Watch for how price reacts near $2.65. If we see bullish reversal patterns + volume there, it could be a good entry point. If that breaks, I’d wait for a clearer bottom formation before entering.

$ETH

Technical Overview

Support / Resistance: ETH is currently testing support around $4,400–$4,450. If that breaks, next level is closer to ~$4,200. Resistance lies at ~$4,700–$4,800.

Momentum & Indicators: Momentum is neutral-slightly bearish in the short term. RSI is not yet oversold; MACD lines are flattening.

Volume: Volume has contracted compared to prior rally days — indicates weakening push.

2. Market Context

The broader altcoin market is under caution as macro (interest rate) signals dominate.

Altcoin Season Index is elevated — suggesting potential for altcoins to outperform Bitcoin in coming periods.

ETH is among the top altcoins in focus for resistance tests.

3. Short-Term Outlook (Next Few Days)

If ETH holds the ~$4,400 support, it may attempt a bounce up toward $4,700.

If support fails, downside risk to $4,200 is possible.

A strong volume surge beyond $4,700 could trigger a breakout toward ~$5,000.

Token: $XRP (Ripple)

Why it’s relevant now

XRP remains in the top 20 by market cap and is frequently mentioned in context of institutional inflows, ETF speculation, and regulatory developments.

It continues to register strong social and on‑chain interest relative to many peers.

Technical setups show potential continuation if it can breach resistance in the near term.

Technical Snapshot & Levels

Support zone: ~$2.70–$2.75 — recent base and pivot area

Resistance bands: ~$2.88–$3.05 — symmetrical triangle upper trendline near $2.88 is key hurdle

Breakout target: If breakout above ~$2.88 holds, aim ~$3.50–$3.60 region

Invalidation: Drop below ~$2.70 undercuts bullish structure

Indicators:
  • Moving averages (short / mid) are mixed — some resistance near current price levels
  • Long‑term trend remains bullish with support zones intact on mid/long frames

Strategy & Execution

Wait for a confirmed close above $2.88 with volume to validate a breakout

Alternatively, look for strength above $2.75 with good reaction off that support as a safer entry

Place stop under $2.70 (or % buffer below your entry)

Use position sizing to handle volatility — XRP can flip quickly

$HYPE
(Hyperliquid)

Why it’s worth attention

HYPE has been posting strong volume and frequent gains tied to growth in its DEX/perp ecosystem.

It’s positioning itself as a high‑performance, fully on‑chain trading protocol, combining perpetuals, spot, and novel trading mechanics.

Its tokenomics include buyback & burn via listing auction fees and trading revenue, creating structural deflationary pressure when activity increases.

Technical Snapshot

Support zone: ~$40 — held multiple times as a base during recent pullbacks

Resistance / upside trigger: ~$50–$55 — a sustained breakout above this could open room for $60+

Risk / invalidation: A drop below $36–$38 would weaken the current trend and risk deeper retracement

Strategy & Execution

Enter on a confirmed breakout above $50 with volume surge and candlestick confirmation

Or scale in as price dips toward $42–$45 zone, if it shows support strength

Use stop ~5–8% below your entry (e.g. under $38–$40 depending on entry)

Monitor buyback & burn metrics, listing auction fee inflows, and on‑chain activity as confirmation

$PENGU Deep Technical & Market Insight

Right now, $PENGU is trading inside a high-momentum zone after an explosive run that pushed the token beyond the $0.03 level. This move positioned it among the top-performing meme coins of Q4 2025. The market sentiment remains bullish, but technical indicators are showing signs of short-term exhaustion.

On-chain data reveals that around 1.5 billion tokens were recently transferred from the deployer wallet to exchanges, a potential early signal of profit-taking or distribution. This creates a delicate balance between speculative inflows and possible short-term selling pressure.

From a structural standpoint, the key resistance sits around $0.031–$0.032, a zone that corresponds with the 61.8% Fibonacci extension level. A clean breakout and confirmed candle close above this level could trigger a new impulsive leg toward the $0.038–$0.042 range. Momentum indicators such as MACD and RSI are still hovering in bullish territory, but RSI is approaching the overbought area — suggesting that the market may need a brief reset before continuation.

On the downside, $0.025 remains the most important support region. That’s the 50% retracement zone where buyers previously defended strongly. Any daily close below $0.024 would invalidate the current bullish bias and could open the path toward $0.020–$0.021, which would also attract dip buyers looking for re-entry opportunities.

Volume analysis shows that liquidity concentration has shifted toward derivative platforms, with open interest climbing rapidly. This can amplify volatility — meaning sharp wicks in both directions are likely as leverage builds up. Traders should watch for fake breakouts and confirm every move with volume.

Fundamentally, PENGU continues to expand its narrative dominance in the meme-sector. Its $2 billion market cap milestone has placed it ahead of several established names, including TrumpCoin and SPX6900. Community engagement is still very high, and any upcoming listings or collaborations could push the token into another hype-driven rally.

Altseason Gaining Traction

Multiple indicators suggest we may be in the early stages of a true altcoin season in 2025.

The altcoin market cap (ALTCAP) just posted a record weekly close, breaking above prior resistance.

Bitcoin dominance is weakening; funds are flowing into alts, and some of that is shifting toward crypto equities (stocks tied to the crypto ecosystem) instead of just tokens.

Analysts highlight XRP, ADA, and undervalued sub-$1 coins as among the top picks for upside in the near term.

$XRP $SOL

Analyst Van de Poppe Warns: Big Targets & Bigger Risks

Crypto analyst Michaël van de Poppe sounded a caution mixed with ambition: he still forecasts $500,000 BTC, $20,000 ETH, and 10×–20× returns in altcoins, but warns these may precede a major bubble collapse.
Translation: yes, the upside is enormous — but the risks are just as real. He calls for tight risk management as markets accelerate.

$BTC $ETH