Bitcoin slipped just below $113,200 (its lowest in weeks), sparked by growing trade‑war concerns and profit taking. This triggered over $200 million in liquidations across the market, pulling most altcoins lower—even as traders hoped for a rotation play.

🧐 Altcoin Season: Signal or Sisyphus?

Altcoin What’s Moving Why It Matters

XRP After peaking near $3.66, XRP slumped ~19% intraday to $2.95, dumping over $113 million in long liquidations. Technical signals show a descending mix approaching $1.14 — making even momentum lovers cautious.

FA: previous stochastic RSI breakdowns led to 20–25% downswings in 2025.

Pi Coin (PI) Ongoing supply swaps — unlocking ~160M tokens in July — pushed PI to $0.35–0.44. Exchange reserves hover at 384M PI, feeding selling pressure. Despite a “mystery whale” accumulating, technicals keep turning bearish.

Shiba Inu (SHIB) SHIB showed a golden crossover and exchange reserves hit 12‑month lows—textbook bullish! Analysts point to a 33–38% upside to $0.0000186+, if broken from $0.000014 resistance.

Counterpoint: SHIB fell ~15% last week, and macro momentum remains shaky.

Despite those flashes, the Altseason Index remains at just 36—Bitcoin still outperforming nearly 64% of altcoins. ARB, Toncoin, and select DeFi mids have beaten PI, SHIB, and even XRP.

⚡ What Could Kick Off Altseason?

1. **A clean daily close above $113K **—especially if BTC reclaims key EMAs—may rebuild trader confidence.

2. Wider alt breadth—beyond just strong retail names—suggests real rotation.

3. Macro reprieve from tariffs or hawkish Fed positioning would be alt‑catalyzing.

✅ Smart Takeaways

Today’s altcoin price flickers feel subtle and selective, not a full seasonal shift.

XRP and SHIB have technical plots worth watching—but diversification matters. Assets like TON or Arbitrum may outperform right now.

If Bitcoin fails to hold support, expect further alt weakness. Strategies that seek micro‑bounces near strong levels, with tight risk controls, stand the best chance.

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