In recent days, ETH's performance has been more 'resilient' compared to other coins, meaning it has dropped less during the overall market pullback. This actually sends an important signal: the main capital may not intend to sell off too much, indicating that they might have completed their earlier adjustment targets.
Next, attention should be on the performance of altcoins. The current situation resembles a phase of 'final emotional clearance'—many people are starting to panic and cut losses, which often indicates that a market reversal is not far off.
Therefore, we can draw several clear conclusions:
1. Altcoins are experiencing the final round of cleansing, which is the 'extreme panic' stage before a rebound.
2. If Bitcoin can stabilize below $100,000 after a pullback, it could become a key turning point for market sentiment.
3. Ethereum's resilience indicates that the capital allocation behind the market is nearing its end, and the structure may need to strengthen again.
4. The real 'golden pit' is not guessed; it is found when everyone is most panicked and least confident, extracted from the 'emotional extreme.'
Buy the dip of 3 altcoins that could increase 10 times in the future!
1.JASMY
JasmyCoin is showing signs of potential breakthrough. Analysts indicate that if it can break through several key resistance levels, it has the potential to become one of the stocks with the highest gains in the short term. Back in December 2023, JasmyCoin reached a high of $0.059, but has since fallen into a wedge pattern, with prices dropping to around $0.015. This decline has attracted new buyers, which may signal an impending rebound.
Since breaking the previous downtrend, JASMY has surged over 315%. After the breakout, it peaked over 1,400% before retracting. The current price remains stable, with a new target price of $0.2785 on the horizon. If this target price materializes, it could mean an increase of over 1,600% from current levels.
Currently, JASMY is testing the top of its wedge pattern, around $0.015. If it breaks through this level and maintains, the next resistance level will be the 50-day moving average. Breaking through this resistance could push the price up to $0.025 or higher.
If the token breaks through $0.020, it could trigger a new round of rebounds, especially with increased trading volume. However, failure to maintain support levels like $0.017 could lead to further declines. Nevertheless, the overall technical signals remain positive.
2.XMR
Monero is known for its strong emphasis on privacy. Unlike most cryptocurrencies, Monero transactions are nearly impossible to trace. This is because it uses a technology called RingCT, which hides the amount of each transaction. Additionally, each transaction has a one-time use ID, making it even more difficult to track or associate with specific individuals or devices.
These features make Monero highly attractive to individuals who need anonymity (e.g., journalists, whistleblowers, and investigators). For them, Monero is not just a cryptocurrency but a tool for security and confidentiality.
In terms of performance, Monero has performed well recently. As of June 2, 2025, its trading price is about $346, with a daily increase of 6.37% and a monthly increase of 25.53%. Although these gains are not as dazzling as some new coins, many tokens are struggling in a turbulent market, making such performance impressive.
Compared to other cryptocurrencies, Monero has performed quite well this year. In 2024, it has only dropped 5.11%, while the global cryptocurrency market has fallen 1.62% just in the past few days. This suggests that Monero may be slightly decoupled from broader market trends, providing a unique stability for investors seeking different investment opportunities.
With its privacy tools, stable price trends, and strong use cases, Monero continues to stand out. Coupled with growing market interest, it could become the next popular cryptocurrency.
3.ENA
Ethena (ENA) has recently gained attention, especially due to its unique understanding of stablecoins. As of this writing, ENA's trading price is about $0.3097, with a total market capitalization of approximately $1.8 billion. In just the past 24 hours, the token has risen by 2.7%. Some technical signals, such as positive moving average crossovers, suggest that the token may rise further, especially if it breaks through the $0.49 resistance level.
One of Ethena's most exciting projects is USDe, a new type of stablecoin that does not rely on fiat currencies for support. It earns returns by staking Ethereum, providing holders with an annualized yield of up to 29%. Ethena Labs has also created a version of USDe called tsUSDe, both of which were recently integrated into the Open Network (TON) and announced at the Token2049 conference in Dubai.
The collaboration between Ethena and the TON Foundation is significant, especially in terms of innovative approaches to user engagement. The project aims to introduce DeFi services to millions of users in an intuitive and user-friendly manner. This positions Ethena as a strong competitor in the stablecoin sector and is expected to become the next popular cryptocurrency for those looking at long-term DeFi innovations.
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