JPMorgan Expands Bitcoin ETF Holdings As Corporate Portfolios Face Heavy Losses
JPMorgan raised its Bitcoin ETF holdings by 64% showing steady institutional demand for digital assets.
Corporate treasuries face steep unrealized losses as crypto prices continue to slide across major tokens.
Despite market pain several firms keep adding Bitcoin and Ethereum showing strong long term confidence.
U.S. banking giant JPMorgan has expanded its position in the BlackRock Bitcoin ETF (IBIT), signaling continued institutional interest. A new 13F filing shows the bank now holds 5.28 million IBIT shares, valued at about $343 million as of September 30. The stake reflects a 64% increase from 3.21 million shares reported in June.
The filing also discloses significant options activity linked to the ETF. JPMorgan holds $68 million in IBIT call positions and $133 million in put positions. These allocations span multiple divisions and include exposure tied to high-net-worth clients. The report follows the bank’s forecast that Bitcoin could reach $170,000 within the next year.
Despite the market slowdown, the data suggests institutional engagement with Bitcoin products remains firm. The increase highlights a growing preference among large financial entities for regulated crypto investment avenues. However, the timing coincides with steep paper losses across several corporate treasury portfolios.
Corporate Crypto Holdings Face Sharp Value Drops
CryptoQuant data indicates that corporate crypto holdings have suffered substantial value declines as token prices continue to slide. Evernorth, a major entrant in the sector, is experiencing one of the steepest losses. The firm acquired roughly 388.7 million XRP for about $947 million only two and a half weeks ago. That position is now worth around $868 million, reflecting an unrealized loss of nearly $79 million.
The decline in XRP value has deepened as the token trades near the lower end of its recent price range. Other major corporate holders are also under pressure. MicroStrategy’s equity value has dropped 53%, mirroring Bitcoin’s downturn. Its share price remains closely tied to the company’s massive BTC reserves, amplifying the effect of every market fluctuation.
While valuations are falling, several corporate players continue to accumulate digital assets. Metaplanet, a listed Bitcoin holder, maintains 30,823 BTC purchased at an average price of $106,000. Its unrealized loss now nears $120 million, and its stock has plunged almost 80% from peak levels.
Bitmine’s exposure also widened after it added 442,000 ETH following the October 10 selloff. The firm now faces an unrealized loss of around $2.1 billion.
Even so, accumulation has not stopped. Strategy, a firm linked to Michael Saylor, recently added 397 BTC to its holdings. Meanwhile, Sharplink Gaming, an Ethereum treasury company, remains optimistic and expects the token’s price to recover faster than broader market averages. Overall, institutional confidence appears steady despite deep short-term losses across corporate crypto treasuries.
Mantle Partners With Bybit and Backed to Launch Tokenized U.S. Equities on Blockchain
Mantle partners with Bybit and Backed to bring tokenized U.S. equities on-chain through the new xStocks program.
Each xStock token is backed 1:1 by real assets ensuring transparency and easy access to regulated securities.
Mantle expands its RWA strategy as MNT price climbs 7.5 percent and trading volume reaches 155 million.
Mantle, a high-performance Layer-2 network, has joined forces with Bybit and Backed to introduce tokenized U.S. equities on-chain. The initiative marks a major expansion of Mantle’s real-world asset strategy. It brings tokenized versions of top U.S. stocks such as NVDAx, AAPLx, and MSTRx to decentralized markets under the xStocks program.
The collaboration aims to merge traditional finance with blockchain technology. Each xStock token is backed 1:1 by real-world equity, ensuring transparency and legal compliance. This connection allows investors to gain exposure to regulated assets through decentralized systems without using intermediaries.
Bybit’s Role in the Partnership
Bybit’s infrastructure anchors the project by supporting deposits and withdrawals of xStocks on Mantle. This setup links centralized exchange services directly to blockchain networks. It allows smoother liquidity flow and easier user onboarding for tokenized assets. The direct CEX-to-chain bridge helps reduce transaction times and enhances market participation across regions.
Mantle’s Layer-2 blockchain uses Ethereum’s zero-knowledge proof system. It ensures low fees, high security, and faster settlement for every transaction. Its modular architecture also supports scalable integration of real-world assets into decentralized finance applications.
Building a Regulated Tokenized Asset Market
The xStocks tokens are issued in collaboration with regulated custodians. These tokens act as programmable digital assets and financial tools. Developers can integrate them into automated systems to create new financial products. This adds flexibility and functionality to the DeFi ecosystem while maintaining full regulatory oversight.
Mantle’s broader strategy includes creating a complete foundation for tokenized finance. The partnership with Bybit and Backed expands regulated securities’ reach in blockchain form. The ecosystem enables real-world assets to be programmable, verifiable, and composable.
Growth Across Mantle’s Ecosystem
Mantle has been accelerating its push into the real-world asset sector. The network recently integrated Anchorage for institutional custody of $MNT. It also listed the token on Moomoo Exchange for retail access in the United States. These steps extend Mantle’s token economy and improve institutional participation.
Following the announcement, MNT surged 7.5% despite market pressure, reaching $1.31. Its market capitalization climbed to $4.28 billion, while trading volume rose to $155 million.
Mantle also launched Tokenization-as-a-Service to help institutions adopt compliant tokenization models. This service converts traditional assets into digital tokens for regulated use. RWA-focused hackathons and scholarships are underway to support innovation and developer growth.
Although xStocks remain unavailable to U.S. investors, global users can access the assets around the clock through supported platforms.
Strategy Raises €620 Million Through STRE Preferred Shares to Expand Bitcoin Holdings in Europe
Strategy launches its first European funding drive through new STRE preferred stock issuance.
The company plans to use €620 million from STRE sales to buy more Bitcoin.
Falling stock value pushes Strategy to rely on preferred shares for Bitcoin expansion.
Strategy (MSTR), the largest publicly traded company holding Bitcoin, has launched its first European funding initiative. The company priced its new 10% Series A Perpetual Stream Preferred Stock, or STRE, at €80 per share. This sale, expected to close on November 13, will raise about €620 million ($715 million) in gross proceeds. Strategy plans to use most of the funds to acquire additional Bitcoin.
The preferred stock carries a 10% annual dividend on its €100 stated value, paid quarterly. Unpaid dividends will accrue interest starting at 11%, rising by 1% each quarter until paid.
Shift Toward Preferred Share Funding
The company’s move follows a sharp decline in its common stock performance. Strategy shares have fallen nearly 50% from their 2025 peak, dropping 5.3% in premarket trading to $225 on Friday. As the premium between Strategy’s stock price and the value of its Bitcoin holdings narrows, raising funds through common stock sales has become less effective.
This shift makes preferred share issuances a key funding option. Strategy has launched several preferred stock series this year to maintain its Bitcoin acquisition strategy despite market headwinds.
Listing and Market Strategy
Unlike the company’s earlier preferred shares, which became available to retail investors through U.S. brokerages, STRE will be listed on Luxembourg’s Euro MTF exchange. The listing broadens Strategy’s investor base by targeting European markets. The STRE series is denominated in euros and designed to deliver regular dividend payments.
Investors in STRE will have a higher priority claim on Strategy’s assets than common shareholders, though they rank below other preferred and debt holders. The offering highlights Strategy’s intent to diversify funding sources while expanding its international presence. Additionally, Gemini launched tokenized MSTR shares in the EU to give users blockchain access to U.S. equities using real securities.
Bitcoin Holdings and Market Conditions
As of Monday, Strategy held 641,205 Bitcoin valued at roughly $64.6 billion based on Bitcoin’s price of about $100,000. The company’s market capitalization stood near $66 billion, only slightly above the value of its Bitcoin reserves. A year ago, Strategy traded at almost three times its Bitcoin value. The recent decline in its stock premium reflects tighter market conditions for Bitcoin-related firms.
Earlier this week, Strategy added $45.6 million in Bitcoin purchases after raising $69.5 million through preferred and common stock sales. Moreover, Strategy added 196 Bitcoin last week, bringing its total holdings to 640,031 BTC worth around $71.8 billion. Despite the volatility, the company continues to favor accumulating Bitcoin rather than selling its holdings. Strategy’s latest offering marks its first major capital raise in Europe, signaling continued confidence in its long-term Bitcoin strategy.
Analyst Explains Why Bitcoin Top Still Expected and Why Altseason Has Not Yet Arrived
Analyst explains why Bitcoin top still expected.
He also explores why altseason has not yet arrived.
This points to bullish crypto and BTC pumps.
As the price of the pioneer crypto asset, Bitcoin (BTC), continues to trade above the $100,000 price mark, the crypto community continues to debate between bearish and bullish expectations. Presently, debates lie between whether the Bitcoin bear market has begun and if the BTC cycle top is in. One analyst explains why Bitcoin top still expected and why altseason has not yet arrived.
Analyst Explains Why Bitcoin Top Still Expected
With the year moving closer to its final weeks, analysts grow more and more eager over expecting altseason and its peak phase. Many believe that the bear market has already begun, meaning the price of BTC has already set its cycle top and that altseason may have been missed this bull cycle. On this matter, other analysts argue that the BTC to isn’t in yet, which means altseason is still loading.
As we can see from the post above, this reputed and popular crypto analyst says that he believes the BTC cycle top isn’t in yet and shares multiple reasons to support his bullish hypothesis. The first indicator he highlights is the fact that there was no euphoria stage for the crypto market. He recalls how people keep saying that we are in a 4-year cycle, but there was no euphoria at the top and marks how people were 100x more euphoric in December 2024 than now.
Next, he sheds light on the Gold-BTC correlation, where Gold has cooled off after a rally. BTC has usually followed gold with a 3-month lag, which indicates a rally this month. No Altseason, he also says that a few coins even pump in a bear market. He then concludes that just because a handful of altcoins are pumping, it doesn't mean Altseason is happening, and there has been no blow-off top without an Altseason.
Next, he focuses on liquidity, saying the Bitcoin current setup is more comparable to 2019 than 2021. He states that the thing most people misunderstand is that there's a 4-year cycle. He says that there is only a business cycle and nothing else, a thesis based on facts and data he has compiled. He also says that he is looking closely at the weekly EMA-50 level now at $103,000, which has been a bull/bear line since Q1 2023.
As for the question of ‘why is there no Altseason?’, the same analyst explains in another post, as we see above. He begins by highlighting the fact that $125 billion has been liquidated in leverage this year alone. If that capital went into spot assets instead, there would be no thin liquidity across the market, no cascade that results in market crashes, and less selling pressure. Finally, he concludes saying if that was the scenario, there could have been a total crypto market cap of $5 - $6 trillion today, instead we are seeing that leverage is killing the bull, and concludes with encouragement for ‘Spot HODL is the real season’.
SOL Price Drops Sharply — BSOL ETF Debut Fails to Boost Momentum
Breakdown from symmetrical triangle signals shift in momentum and possible further downside.
SOL fell to $158 despite BSOL ETF launch, testing key support between $155 and $165.
ETF inflows could stabilize price, but failure to hold support may extend losses to $130-$140.
Solana’s SOL recently fell hard, slipping to $158 even after excitement around Bitwise’s new BSOL ETF. The decline has caught many traders off guard, especially since the ETF launch was expected to drive demand. Instead, the market responded with caution. Now, the cryptocurrency sits near a critical support range between $155 and $165 as investors debate whether Solana can bounce or slide deeper.
https://twitter.com/solana_daily/status/1942290016228839504?t=88hS-6RKiUGKO5Gn0qjciA&s=19 Solana Breaks Down from a Key Pattern
Solana recently broke down from a symmetrical triangle pattern that had kept traders watching closely. This breakdown ended several weeks of sideways movement and confirmed a shift in market direction. When such patterns break, they often lead to strong, sustained moves. The price drop pushed Solana below key support around $178 to $180. That range combined horizontal support with the 0.382 Fibonacci retracement and the 21-day exponential moving average. The breach formed a new lower low at $158, a level that now acts as a short-term base.
Technical indicators show mixed readings. The Bollinger Band Width Percentile jumped sharply on the four-hour chart, hinting at rising volatility. On the daily chart, the indicator stands near 65%, showing that more price movement could still develop. Bitwise’s BSOL ETF launch on October 28 drew plenty of market attention. The staking-enabled fund attracted $400 million in assets during its first week, outperforming Rex-Osprey’s SSK ETF. Analysts viewed the launch as a sign of growing institutional interest in Solana. However, that enthusiasm failed to lift prices.
Critical Support Levels to Watch
The lack of a price reaction highlights a broader theme in the market — strong fundamentals don’t always translate into short-term gains. Traders now focus on whether inflows into the BSOL ETF can help stabilize sentiment in the coming days.Solana now tests a vital support zone between $155 and $165. This region has acted as a demand area during past corrections, attracting buyers who look for discounted entries.
The next key level sits at $155. A break below that could expose deeper targets near $130 to $140.Market volatility remains elevated. Short-term relief rallies could appear as traders take profits from recent shorts. Yet, on higher timeframes, indicators suggest room for further movement before stabilization occurs. The BSOL ETF remains a potential catalyst for recovery. If institutional inflows increase, buying pressure could build around current price levels.
The $155 mark will likely decide whether Solana finds a floor or enters another downtrend. For now, traders stay cautious as Solana navigates one of the most crucial phases of its recent price cycle. Strong support must hold to prevent further downside pressure, while sustained ETF inflows could offer the spark needed to restore momentum.
Dogecoin Price Watch: Could DOGE Spark Another November Breakout?
DOGE drops 8% to $0.16 but analysts see potential for a November rebound.
Historical trends show past November rallies after consolidation near key support levels.
A breakout above $0.20 could trigger bullish momentum toward the mid-$0.20 range.
Dogecoin — DOGE, has taken a hit, dropping 8% to $0.16 after losing key support at $0.1781. The pullback has left many traders uneasy, but not everyone sees doom ahead. Some analysts believe this decline could set the stage for a rebound. With November historically favoring DOGE rallies, many are asking whether the meme coin can repeat past performances or if momentum will fade before liftoff.
Analyst YazanXBT views the current correction as a setup for potential gains. Data from CoinGlass shows a decline in DOGE futures open interest, down 2% to $1.7 billion. That suggests traders are temporarily cautious but could return if sentiment shifts.SHIB and PEPE also saw reduced futures activity, with SHIB down 7% and PEPE down 8%. The broader meme coin sector appears to be cooling after weeks of volatility.
Santiment’s on-chain data shows large Dogecoin wallets holding over 100 million tokens have remained quiet since early November. Despite reduced whale activity, the chart still hints at an emerging opportunity. DOGE currently trades between $0.17 and $0.18, forming a tight consolidation range. This pattern mirrors setups from past breakouts. Buyers have repeatedly defended the $0.17 level, signaling that support remains strong.
Can DOGE Repeat History This November?
Technical indicators show key support between $0.18 and $0.25, with the next major resistance near $1.15. If buyers can break through these zones, the path toward $1.60 becomes realistic. That price represents a potential new all-time high for DOGE. Analyst EtherNasyonal identifies a repeating long-term pattern in Dogecoin’s history. Since 2014, three major bull waves have occurred, each showing a similar rhythm — breakout, consolidation, and a stronger move higher.
The current structure may mark the early stages of the third wave.Recent attempts to reclaim $0.205 failed, but the market’s response has been measured. Buyers are showing renewed interest near $0.17, absorbing selling pressure each time price dips. Analyst BitGuru believes this is a sign that accumulation is underway. If DOGE can break above $0.20 with solid trading volume, analysts expect a move toward the mid-$0.20 range. That target aligns with October’s short-lived rally to $0.27.
A confirmed daily close above $0.20 could strengthen confidence and attract momentum traders back into the market. The next few days may prove critical. DOGE’s ability to maintain support and build volume could determine whether November brings another breakout. For now, the market remains cautiously optimistic, with long-term believers holding out hope that history will repeat once again.
Analysts Predict XRP Surge to $91.78 By December 1st — Here’s Why
Rumors suggest a potential BlackRock–Ripple partnership could send XRP soaring.
Analysts predict XRP may reach $91.78 by December 1st amid growing optimism.
Ripple’s tokenization push and institutional interest could trigger massive market demand.
Whispers of a potential BlackRock–Ripple partnership have sparked intense excitement in the crypto market. Investors are buzzing with theories, and XRP has once again taken center stage. Analysts now believe the token could soar to $91.78 by December 1st if these rumors gain traction. The talk of collaboration between the world’s largest asset manager and Ripple, the company behind the XRP Ledger, has fueled wild optimism across the crypto community.
Crypto analyst The Real Remi Relief recently claimed on X that XRP could hit $1,000 before the end of 2025. He suggested that if BlackRock partners with Ripple, demand could skyrocket, leading to a possible supply shock. He also advised holders to store their tokens in cold wallets in anticipation of a massive move.
The speculation began when another respected analyst, DelCrxpto, hinted that major players in the crypto industry are discussing a groundbreaking development. According to his sources, BlackRock may collaborate with Ripple to tokenize all $5.3 trillion of its ETF liquidity. Such a move would mark one of the largest adoptions of blockchain technology in traditional finance.
Ripple’s blockchain already supports fast and low-cost asset transfers. A partnership with BlackRock could expand this capability to power tokenized ETFs, allowing investors to trade real-world assets with greater speed and efficiency. This could attract a wave of institutional investors looking for exposure to blockchain-based financial products.
XRP’s Future Seems Bright but Uncertain
The timing of these rumors adds fuel to the fire. The recent Ripple Swell event featured participation from heavyweights such as BlackRock, Nasdaq, Franklin Templeton, and even representatives from The White House. Many believe these appearances hint at deeper discussions between Ripple and major financial institutions.
If a collaboration materializes, it could reshape XRP’s position in the financial ecosystem. Such an alliance could drive widespread adoption among institutional investors, increasing both liquidity and market demand. This would strengthen the argument for a massive price surge, possibly validating predictions like the $91.78 target before December 1st.
However, both Ripple and BlackRock have remained silent, leaving traders to separate hype from reality. While excitement grows, investors must remember that these claims are unconfirmed. The crypto market thrives on speculation, and bold predictions can move sentiment quickly.
Still, optimism runs high. If even part of this rumored partnership turns out to be real, XRP could see one of the most dramatic price rallies in crypto history. For now, traders are watching closely, hoping the whispers of a BlackRock–Ripple collaboration turn into the catalyst that propels XRP to new all-time highs.
Bitcoin Tops, Altcoin Rallies: the Hidden Pattern Behind Every Bull Cycle
Bitcoin dominance dropping below 49% often signals the final bull run peak.
Altcoins usually rally weeks after Bitcoin tops out in each market cycle.
Analysts predict major highs for Bitcoin and Ethereum through early to mid-2025.
The market always leaves hints before major turns, and this bull cycle is no different. Bitcoin dominance now hovers around 61%, yet traders sense a shift coming soon. Every previous bull run showed the same pattern—Bitcoin climbs first, then dominance falls, and altcoins take over. The signs are forming again. Those watching closely may soon spot the final phase before both Bitcoin and altcoins reach explosive new highs.
https://twitter.com/ColinTCrypto/status/1986615821641138516 When Bitcoin Dominance Drops, Altseason Begins
During the final stretch of a Bitcoin rally, BTC/USD often surges while dominance falls sharply. This drop signals traders rotating profits into altcoins, creating the famous “altseason.” Historically, every time Bitcoin dominance sank below 49%, the bull market peak arrived soon after. That metric matters now more than ever. With dominance still around 61%, Bitcoin appears to have room for another strong leg upward before topping out.
When that 49% level finally breaks, history suggests Bitcoin’s top will be near, while altcoins could soon explode in value. Market analysts expect this transition around mid-November, supported by several on-chain indicators. Bitcoin needs one last upward push to confirm the top phase. Once that move finishes, altcoins usually begin their parabolic climb, rewarding patient holders.
CryptoQuant’s recent data supports this view. Their research shows that by late 2024, 36% of Bitcoin holdings were less than a month old. This matches patterns seen near past market peaks, as new money floods in and long-term investors start rotating profits. CryptoQuant expects this trend to continue into early 2025, potentially marking the top before the market shifts toward a bearish phase.
Experts Split on How High Bitcoin Can Go
While some analysts call for caution, others see much more upside. Steno Research believes 2025 could be the most successful year in crypto history. They forecast record highs for both Bitcoin and Ethereum, supported by expanding adoption and renewed investor confidence. VanEck shares a similar outlook, projecting Bitcoin to reach around $180,000 and Ethereum to surpass $6,000 by the end of 2025.
Betting platforms like Polymarket and Kalshi also lean bullish, expecting strong price rallies and major regulatory wins, including potential ETF approvals and even a U.S. Bitcoin reserve proposal. These predictions, though optimistic, highlight the balance between opportunity and risk. Traders who understand the dominance cycle can position smarter—taking profits from Bitcoin strength and preparing for altcoin momentum.
The hidden rhythm between Bitcoin and altcoins continues to define every cycle. As dominance nears another turning point, the next big move could soon unfold. Those who recognize the signs early may once again ride the wave from Bitcoin tops to altcoin rallies, following the same time-tested pattern that has shaped every crypto bull run before.
Altseason Countdown: 5 Best Altcoins to Buy Before the Massive Bull Run Begins
Altseason signals are strengthening as liquidity flows toward Layer-1 and infrastructure projects.
Technological innovation across scalability, interoperability, and AI integration is driving investor focus.
Projects such as SOL, DOT, RNDR, NEAR, and TIA are positioned to benefit from early-cycle momentum.
According to the recent market statistics, the crypto market might be starting a new altseason. Analysts note that there is a recurrent movement of capital out of Bitcoin and into mid- and large-cap altcoins aided by the growth of liquidity and institutional purchasing. Historical patterns indicate that historical events such as comparable conditions are usually the indicators of market wide rallies. With the maturity of the cycle, various blockchain projects are coming out as outstanding, creative, advanced projects that have the potential to dominate the next active growth wave.
Solana (SOL) Regains its Status as one of the Leading Layer-1s
Solana has shown impressive network performance, after experiencing a major increase in price and ecosystem growth. It is reported that the number of daily active users, transaction volume, and activity in the decentralized applications have been increasing steadily. The emphasis on speed and scalability coupled with its phenomenal throughput capacity have made Solana one of the most unmatched Layer-1 networks that is set to enjoy the renewed market optimism.
Polkadot (DOT) Makes the Multi-Chain Story Strong.
Polkadot will still be at the core of the groundbreaking interoperability of blockchain. The parachain architecture allows two or more blockchains to work together, enhancing performance within decentralized ecosystems. Observers describe DOT as a superior infrastructure project capable of uniting fragmented markets under a shared framework. The continuous progress in cross-chain messaging and governance updates adds to Polkadot’s long-term appeal among institutional participants.
Render Token (RNDR) Gains Traction at the AI–Blockchain Intersection
Render Token has become a groundbreaking example of blockchain’s integration with artificial intelligence and digital rendering. Reports indicate a growing demand for decentralized GPU rendering solutions as AI workloads expand globally. RNDR’s profitable model allows users to exchange computing power for digital rendering tasks, creating a lucrative ecosystem that aligns blockchain with real-world technological demand. This dual narrative strengthens RNDR’s position heading into 2025.
Near Protocol (NEAR) Advances in User-Focused Innovation
Near Protocol is known to have achieved tremendous advancement in making blockchain easier to use. NEAR is building an awesome application environment with a user-friendly design and developer-friendly tools, which are scalable. New sharding mechanisms and high retention of developers are the points noted by analysts as signs of further development of the ecosystem.
Celestia (TIA) Leads the Modular Blockchain Revolution
Celestia is viewed as a revolutionary project redefining blockchain architecture through modularity. Data availability layers and separation of consensus are a better approach to scalability issues encountered by the traditional monolithic blockchains. It has been reported that developers are moving towards modular frameworks in order to be more flexible and efficient. Having spread its tentacles as a high-yield story, Celestia may be one of the landmark possessions of the next altseason.
November Surge Incoming: Top 5 Meme Coins Set to Pump 300% As Market Heats Up
Renewed liquidity and social sentiment are reigniting speculative momentum across meme coin markets.
Established tokens like DOGE and SHIB retain strong community resilience during early recovery phases.
Newer entrants such as PEPE, FLOKI, and BONK are diversifying the meme coin narrative through innovation and network growth.
According to market trackers, the market has seen a resurgence in speculative trade with retail investors returning to the crypto markets this November. The meme coin market, a volatile sector that has been characterized by community-oriented movements, is experiencing an increase in trading volume in the leading exchanges. Analysts note that social media is gaining momentum, and its combination with positive liquidity is driving a new wave of interest in meme-based digital assets.
Dogecoin (DOGE) Reasserts Its Historical Influence
Dogecoin remains in a better position in the meme coin market. Being well-established in liquidity, widespread, and steady in on-chain activity, DOGE still serves as a first line of reference in terms of sentiment changes. It can be observed that the network activity of Dogecoin has increased consistently during the past several months, which may imply that its holders are active. The endurance of its ecosystem and its ability to withstand numerous cycles are indicative of the incomparable longevity of its community-based ecosystem.
SHIB Gains Traction due to Layer-2 Expansion.
The introduction of a meme coin by Shiba Inu as its Layer-2 network, Shibarium, is a revolutionary change in the story of the meme coins. The project’s innovative infrastructure has encouraged new development within its ecosystem, including decentralized applications and token utilities. Market data indicates that SHIB’s network transactions have increased, reflecting phenomenal interest from retail investors seeking scalable, low-fee alternatives during high market activity.
Pepe (PEPE) Leads the Next Speculative Wave
Pepe has emerged as one of the most remarkable entrants in the 2023–2025 meme coin cycle. Its rapid rise was initially fueled by viral attention, yet the token continues to sustain significant daily trading volume. Analysts suggest that PEPE’s ability to maintain relevance without extensive development reflects the lucrative nature of speculative participation in the meme sector. Its resilience highlights how community sentiment remains a major driver of price action.
Floki Inu (FLOKI) Expands Beyond Meme Status
Floki Inu is developing its meme roots into the real world by forming partnerships and integrations with decentralized finance. The utility, education, and ecosystem tools-oriented approach in the team shows a dynamic change in strategy direction. The team’s focus on utility, education, and ecosystem tools demonstrates a dynamic shift in strategic direction. Industry reports indicate that the FLOKI network has experienced growth in both activity and utility, positioning it as an elite project capable of sustaining interest beyond social trends.
Bonk (BONK) Rides the Solana Ecosystem Revival
Bonk has become a stellar representation of Solana’s resurgent ecosystem. Its on-chain metrics reveal increasing adoption and community participation, benefiting directly from Solana’s improved throughput and lower transaction fees. Observers view BONK as a profitable micro-cap contender with strong upside potential as liquidity concentrates around high-performance blockchains.
TOTAL3 Nears Its Final Bottom: 5 Best Altcoins to Trade Before the Next Massive Upswing
TOTAL3 stabilization indicates a maturing altcoin market preparing for cyclical recovery.
Layer-1 and Layer-2 assets with solid technology foundations may lead the next phase of capital rotation.
Synthetic and cross-chain protocols are gaining renewed investor attention ahead of broader market expansion.
New technical trends and on-chain information present us with a stabilization period, which is usually followed by a significant upward correction. Analysts also point out that investors are slowly returning to the market, focusing on undervalued altcoins and their outstanding fundamentals and incredible ecosystem building. This increased integration of innovation, liquidity, and adoption is an indication that some specific assets will perform better as the rest of the market becomes more recovered.
Arbitrum (ARB) Demonstrates Superior Scaling Advantage
Arbitrum is a revolutionary Layer-2 network that continues to gain traction as it offers better throughput and lower transaction costs on Ethereum. Statistics indicate that the total value locked has risen, and the developer activity is steady, which indicates a developing DeFi ecosystem. Market experts consider ARB’s modular technology an outstanding component in Ethereum’s long-term scalability framework. Its consistent growth signals readiness for the next lucrative market phase.
Fantom (FTM) Positions for Renewed Ecosystem Expansion
Fantom is showing clear signs of recovery following extensive ecosystem restructuring. The project’s innovative consensus mechanism and efficient transaction speed have attracted renewed user activity. Observers believe Fantom’s capacity to deliver scalable applications at low cost positions it as a top-tier choice among mid-cap networks. With improved stability and governance, FTM could benefit strongly from the coming liquidity rotation.
Aptos (APT) Strengthens Layer-1 Competitiveness
Aptos is so far one of the most vibrant Layer-1 blockchains to be introduced in a new cycle. Its synthesis, Move programming language,ge and speed are incomparable to newer networks. The increased institutional interest and presence of developers are cited by analysts as a sign of viability in the long run. As liquidity re-enters the market, APT’s stellar performance metrics may attract additional demand.
Synthetix (SNX) Anchors the Synthetic Asset Sector
Synthetix has maintained its relevance by offering groundbreaking decentralized synthetic trading solutions. The platform’s ability to mirror real-world assets on-chain has been described as both profitable and revolutionary for decentralized markets. Recent upgrades in liquidity provisioning and governance structures have reinforced SNX’s importance within DeFi’s evolving infrastructure.
THORChain (RUNE) Retakes Its Cross-Chain Liquidity.
THORChain has managed to impress with the advancement in providing cross-chain swaps that are decentralized. It provides the best interoperability solutions that enable users to trade assets across multiple blockchains without intermediaries. Reports highlight that its improved protocol efficiency and strong community engagement are strengthening its foundation. As market liquidity deepens, RUNE is positioned to benefit from expanding cross-chain demand.
QE Triggered: 5 Altcoins Poised for a Parabolic Rally As Liquidity Floods Back in
New liquidity in the world is stimulating structural power in the discrete blockchain ecosystems.
Layer-1 and Layer-2 protocols with practical use cases are gaining early investor attention.
Data infrastructure and derivative platforms are showing stronger growth potential in high-liquidity conditions.
It has been reported that new quantitative easing (QE) initiatives are pouring huge liquidity into the international financial markets. This trend has started to affect digital assets, especially altcoins that tend to react faster to an expansion in liquidity.. Experts observe that investors are reallocating capital toward projects demonstrating superior fundamentals and unmatched scalability potential. The growing optimism across decentralized finance suggests that a parabolic rally could be forming as liquidity returns in full force.
Chainlink (LINK) Reinforces the Oracle Economy
Chainlink remains a key to the integration of blockchain data. Its infrastructure has been termed groundbreaking and unparalleled by observers to connect real-life information with smart contracts. The project’s steady network growth and institutional integrations position LINK as a leading participant in the next liquidity-driven expansion. Analysts report that there is rising activity and price feeds on-chain, a sign that market participants have accumulated early.
Avalanche (AVAX) Runs on Gaining Ground with the Proliferating Capital Flows.
Avalanche has proven to be highly resilient due to its flexible architecture and high processing power. Market data suggests that liquidity rotation into high-throughput ecosystems is already visible, highlighting AVAX as a top-tier performer. Developers continue to expand subnet usage, thereby improving scalability and fostering the development of broader decentralized applications. Its ability to process transactions efficiently places Avalanche among the most dynamic blockchains as liquidity deepens.
The Graph (GRT) Reclaims Momentum in Data Infrastructure
The Graph’s indexing technology has seen remarkable growth in user adoption, positioning GRT as an essential component in DeFi infrastructure. The renewed focus on transparency and verifiable data has increased demand for indexing solutions. Experts believe that The Graph’s evolving architecture could deliver innovative outcomes for cross-chain analytics as network activity rises.
Injective (INJ) Surges as On-Chain Derivatives Expand
Injective has become a phenomenal player within the decentralized derivatives market. Analysts cite its revolutionary order book model that enhances liquidity and minimizes trading friction. As decentralized trading platforms gain mainstream traction, INJ stands at a strategic advantage. Its capacity to support multiple assets on-chain may contribute to a profitable rally during upcoming liquidity inflows.
Optimism (OP) Strengthens the Layer-2 Narrative
Optimism has evolved into a superior Layer-2 scaling solution for Ethereum, offering faster and cheaper transactions without compromising security. Reports suggest that Layer-2 networks are capturing a growing portion of DeFi’s total value locked. This development underscores OP’s stellar position within Ethereum’s broader scaling roadmap, as rising liquidity seeks efficient transaction layers.
XRP Holds Key Support At $2.09 As Market Consolidation Persists
XRP is trading at $2.26 which is a 2.1% drop per day since the price is within a tight range of $2.09 and $2.32.
The support level of 2.09 still holds the short term market at bay and there is a hesitant buying interest.
However, XRP demonstrates selective resilience to the low volatility, despite having 1.0% relative strength against Bitcoin.
XRP opened Wednesday with a slight weight to bear, having gone back after another backlash of resistance at the $2.32 region. The digital asset is valued at $2.26, which is a 2.1 percent drop during the past day. The market is characterized by a limited level of activity with traders taking short term momentum and support strength into consideration. Nonetheless, XRP still stands at positions above the major support level of $2.09, which has suffered previous buying activities. The existing structure brings out the narrowness of the consolidation range as the participants wait to get a clearer picture in the price behavior.
Price Movement and Key Levels
Over the last day, XRP has been trading in a very tight range between $2.09 and $2.32. The bottom line at around 2.09 is critical as far as market stability in the short-term is concerned. The sustained position above this value may be a sign of trying to hold the structure after the recent drawbacks.
The sale pressure, however, has been mounting pressure on both directions towards the $2.32 resistance, restricting the bouncing upwards. This supply and demand equilibrium have ensured that XRP has been trading within a narrow span, indicating that traders are tentative before the eventual breakout.
It is worth noting that the coin as well moved 1.0% up against Bitcoin and was trading at 0.00002187 BTC, slightly more firmly paired than Bitcoin. Nonetheless, the overall state of the market is dualistic, and traders are still evaluating whether such strength can be promoted beyond intraday recovery efforts or not.
Market Sentiment and Activity
Players in the market are watching XRP to rise to its position of around $2.20. The short term momentum indicates less volatility than may have been experienced in previous sessions. This peaceful trading atmosphere could however be followed by more powerful directional trends. The higher the volume of transactions around the support areas, the more likely the new accumulation, and the additional rejection along with resistance may support the existing sideways pattern.
These conditions can usually show that participants are rebalancing along the major thresholds and not trading aggressively on trend. As a result, the stabilization period is still necessary to calculate the next change in short-term direction.
Outlook and Technical Context
Traders can understand that the level is a zone of structural demand in case XRP keeps holding above the mark of $2.09. On the other hand, an absolute action that is below this level may subject the market to more downside. The price may be moving between the price of $2.09 and $2.32 as a sign of uncertainty, yet the strength of the price in this range.
All in all, the short-term XRP is characterized by a neutral position, which is characterized by the lack of volatility, moderate trading volumes, and reserved sentiment. The following sessions will demonstrate whether the market will continue to move within this tight space or will be ready to widen the movement.
PEPE Holds Key Range Near $0.0557 With Technical Indicators Pointing to Strength
The RSI of PEPE currently is $55.47 indicating a stable market consolidation where there is neither a strong buying nor a selling power.
The MACD divergence will show the early bullish momentum, which implies that there is an enhancement of the short-term strength following the preceding low-volume sessions.
The stability of prices within the range of $0.0553-$0.0558 suggests a very important interval that may define the next directional stage.
PEPE market has displayed a new resiliency as it has slightly increased over the last 24 hours. As per the recent data of the one-hour chart, it is observed that the market capitalization of the cryptocurrency has increased by a slight margin of 1.5 percent, and the present value of the cryptocurrency is at $0.055715.
This action puts PEPE a little higher than its direct support of $0.055318, with resistance found at around $0.055779. The short term data depicts the existence of a sensitive balance between the buy and selling pressure with the total volume of buys and sells reported at 2,397,301,393.
Technical Indicators Signal Growing Momentum Amid Market Consolidation
Relative Strength Index (RSI) stands at a constant of 55.47 and the signal line of 54.07 being slightly below. This is an average momentum with no indications of extreme overbought or oversold market levels. Over the last week, RSI has gone between 25 and 75 and indicates that the traders are holding on to their sides in case of accumulation that is mild.
It is interesting to note the consistent mid-range movement; this is a sign of a consolidation period, in which market participants appear to be analyzing future directional signals. The smooth RSI trend also coincides with the decreased volatility, which has been observed recently. There have also been short-term high pressure buyouts around the support areas, with some strength but not yet a definitive breakout.
Source: TradingView
The Moving Average Convergence Divergence (MACD) indicator displays mild bullish momentum, supported by histogram readings that are turning positive. The MACD line currently stands at 9.88M, while the signal line reads 3.53M, indicating widening separation. This change reflects improving short-term momentum after several low-volume periods in late October.
Additionally, both the MACD and histogram bars show increasing height, which often occurs during transitions from corrective to recovery phases. However, market participants continue to observe these signals closely, as sustained divergence may determine whether the recent bounce evolves into a stronger uptrend.
Market Conditions and Potential Outlook
PEPE is currently trading above the support of its short term and so focus has moved to preserve the stability that it is currently trading in the range of $0.0553 to $0.0558. This area has become a major pilot zone to either continuance or rejection. The equal amount of buy and sell volumes also depicts a neutral set up where each party is not in absolute control.
Even though the current momentum is improving, the traders are still concerned with confirmation signals among the technical indicators. The middle values of RSI and the growing values of MACD suggest that market fluctuations may become more volatile in future sessions. At this point, the next directional phase depends on stability towards the current price range.
Filecoin Breaks Major Trendline As Momentum Accelerates — 44% Weekly Surge Sparks Market Attention
FIL surged 44.2% in seven days, breaking above a major descending trendline.
The token trades at $2.19, with resistance near $2.26 and support at $1.33.
FIL gained 64.7% against BTC, signaling renewed market strength and higher trading activity.
Filecoin (FIL) has been experiencing a new vigor following a long run period of consolidation, surpassing a vital downward trendline. The recent change in the movement of the token is an indication of a significant adjustment in the short-term market sentiment. In the last one week, FIL has experienced a 44.2 percent growth, and it is trading at $2.19.
The good recovery is gained after the months of calmness in the activity, where the prices were under the pressure. Nevertheless, the present breakout trend indicates increased market penetration and rising volume of trading in exchanges.
The daily chart depicts a tremendous upward trend since FIL is about to reach an important resistance zone around $2.26. The traders have noted the momentum has increased tremendously with the steep increase coming out of the $1.33 support area. This technical configuration portrays resurgence in the purchasing efforts which had been dormant over a long duration of time.
Key Levels Define Short-Term Market Structure
The level of support of the one point three three has served as a strong foundation in several occasions when it has been retested over the years. Stabilized prices in the region have assisted in keeping investors interested in spite of the weakness in the market overall.
In the recent past, the above trend caused by buyers taking the upper hand gave FIL a short-term bullish formation above the trendline. The short-term resistance has increased to $2.26; this is in line with the upper range of the existing price channel. The uptrend might be reinforced by a prolonged close above it. In the meantime, the volatility in the market has risen significantly in the day-to-day sense and this shows that both retail and institutional traders are returning to the market.
FIL also trades at 0.00002137 BTC, marking a 64.7% rise against Bitcoin within seven days. This sharp relative performance highlights improving confidence in the token compared to broader digital assets.
Momentum Accelerates as Breakout Gains Traction
The breakout structure suggests FIL may attempt further upward movement if buying pressure remains consistent. The market reaction has been swift, with traders closely monitoring potential continuation targets near $3.00 to $3.50. Momentum indicators show increased participation, aligning with recent trendline expansion.
In addition, trading information indicates a high amount of follow-through volume which normally leads to extension of short-term trends. The change in a prolonged consolidation to a quick recovery is a pointer of changing sentiment in the Filecoin ecosystem.
All in all, the trend that FIL is taking indicates a slowly recovering market. As the technical resistance levels are being tested and the momentum gains momentum, the question that is still of interest is whether this recovery will be maintained in the coming sessions.
Zcash is trading on a bullish development, increasing 15.7 per cent in the last 24 hours, and firmly trading above the support zone of 419.
The resistance at 468.67 is very critical because the volume and volatility of the trading increase towards the upper limit of the given range.
ZEC exhibits significant resilience to Bitcoin and increases 17 percent to 0.004592 BTC, which levels up its market strength in the short term.
Zcash (ZEC) has been on the trend of increasing over the past 24-hours, where it has improved significantly in value by 15.7 per cent to hit a high of $473.26. The recent fluctuations have not altered the coin significantly as it has been enjoying a strong momentum even when the coin goes above the critical levels of support.
This performance is in a regular trend of increased lows, which indicates that short-term buyers are still active around the point of $419. As the participation is observed to increase as the intraday charts showed, there is a strong conviction among buyers in the present range as indicated by the asset structure.
ZEC Maintains Strong Momentum Above Key Support Zone
The 4-hour chart illustrates that it has been very strong, with ZEC not dropping beneath the support zone that has already been made, which is at the level of $419. Market observers observe that this level has been used as a point of defense on several occasions when the market has gone on a minor retreat. All the retests have led to a sharp recovery suggesting that buyers are still piling up near this base. Also, the price movement has established a tight consolidating range above $420 which indicates that the market is stable since it has been volatile in the past.
It is worth noting that momentum picked up as the ZEC broke the resistance of $468.67, which corresponded to the high of the day, and enhanced the good mood of bulls. This outbreak is a notable transition to the last phase of correction and indicates that short-term traders are inclined towards further positive movement, but they are keeping minimal positions in the immediate resistance area.
Price Range and Market Behavior
Zcash has been varying between $386.53 and $468.67 in the past 24 hours which highlights the fact that there has been an increment in volatility in the most recent session. Nevertheless, this upward trend still fits inside the bigger bullish formation which has been built since the end of October. The increasing series of highs suggest continuous accumulation whereas wicks decreasing within the day suggest the lack of selling pressure.
Further, buying and selling has been enhanced in the range of about 470 where the interaction between buyers and sellers is high. The current market language could be constructive in the short run as long as the price is above the support area at $419.
Market Outlook and Key Observations
Currently, ZEC is trading at 17% higher than Bitcoin at 0.004592 BTC, which is comparatively strong in pairs. The market trend that is there at the moment is still characterized by a balanced contribution of the speculative buyers and the short-term profit-takers.
Nonetheless, market observers are keen on whether the bulls will be able to protect the level of $419 in case of intraday variations. Constant fluctuations above this level may be considered to be stabilizing and a new volume at the level of the $468 may mark the next directional bias.
Dogecoin Holds Steady Above $0.153 As Golden Crossover Confirms Channel Breakout
Dogecoin is trading at $0.1659, which has fallen by 14.3 percent throughout the week but ever since it has broken its downward channel on the 4-hour chart.
The MACD generates a Golden Crossover, which implies the new momentum and a decreased pressure of bears in the lower period.
The major support is at $0.153 and at the same time, the major resistance is at $0.1677, which may represent a narrow range of consolidations as traders determine the next course of action.
The short-term structure of Dogecoin presents evidence of recovering after a long-term decline. The 4-hour chart shows that the asset has escaped a declining channel which is a possible turning point in the short-term momentum. DOGE is trading at $0.1659 at the time of reporting, which indicates a negative change of 14.3 per cent in the last 7 days.
The recent weakness notwithstanding, the upward climb above upper boundary of the channel has created an eye-catching interest in the near-term direction of the coin. Technical observers point out that this breakout is accompanied by the MACD Golden Crossover which indicates new momentum in the lower time frame.
Channel Breakout and Price Behavior
The exit of the falling channel resulted following numerous unsuccessful efforts to maintain below lower support lines. The trend had limited the price movements in a number of sessions and continued with a consistent pattern of lower highs and lower lows.
The recent candle formation above the upper trendline however, shows that there is a temporary relaxation of the downtrend. It is worth noting that the support zone of around $0.153 still remains a very important base upon which the stability of the price at present is supported.
With price rebound, the level of resistance is still determined around the price of $0.1677 that coincides with the upper boundary of the recent trading range as well. Continued action in excess of the same would be needed to prove short run market prowess.
Technical Indicators Show Renewed Momentum
The Moving average convergence divergence (MACD) tool momentums now indicate a Golden Crossover with the shorter term moving average above the other longer-term line. The formation usually represents a trend of strengthening in shorter periods of time. Additionally, the histogram bars have begun to reverse in order, and bearish pressure might be subsiding. The channel breakout and crossover combined substantiate the opinion that the volatility may go back to more balanced values in future sessions.
Market Context and Near-Term Focus
Though the overall trend is still conservative, the complication of these technical factors provides the possibility of smaller price movement. The behavior of Dogecoin in the area of the resistance of about $0.1677 is under intense observation by the market participants because a rejection of the latter would salvage the current sideways formation.
On the other hand, the support at or around $0.153 could help to maintain stasis in the short term as the market researches its direction. The current arrangement of Dogecoin is then a transition period where its strength and technical stability are measured with a specific range.
Dogecoin Maintains Structure Amid 11% Drop, Eyes Resistance At $0.167 for Next Move
Dogecoin trades at $0.1645 with a 7-day decline of 11.1% and support at $0.158.
Long-term cup formation indicates potential structural strength across the higher timeframes.
DOGE holds steady against Bitcoin, showing a 2.7% move at 0.051630 BTC.
Although the market has experienced a recession lately, Dogecoin (DOGE) has preserved its framework beyond all the important levels of support. The token is now listed at $0.1645 which is a drop of 11.1 percent. The market has become more volatile over the last one week and DOGE is still within the stable trading range. The price is also within its range between the support and the resistance of $0.158 and $0.167 respectively indicating that buyers are still on the move at the low end.
The long-term chart indicates the existence of a long-term cup structure, which resembles patterns that preceded significant price growths in the past cycles of the market. This trend implies slow accumulation in the long-run. Even though the pace has decelerated, the steady support around the level of $0.158 has been a safe haven that market participants can look into, with regards to possible changes in sentiments.
A review of Dogecoin’s multi-year performance highlights repeating cyclical patterns. In earlier phases, the token traded around $0.10 before reaching $0.46 within two months. This past price movement reflected strong trading activity and rapid capital inflows during that period.
Source: (X)
Currently, the market is observing similar consolidation behavior on higher timeframes. The chart indicates a developing cup formation that could complete if price holds above support levels. Notably, Fibonacci retracement zones align near the $0.76 to $1.00 range, which represents critical resistance for future market movements.
Moreover, DOGE trades at 0.051630 BTC, reflecting a 2.7% performance shift relative to Bitcoin. This indicates a steady comparative position despite overall market softness. The pairing trend continues to offer a clear perspective on relative asset strength across the broader digital asset landscape.
Technical Levels Define the Next Short-Term Direction
The $0.158 support level remains a significant point of interest for traders monitoring short-term price action. Market participants have maintained consistent volume near this range, which often signals an area of consolidation before directional changes. However, the immediate barrier at $0.167 continues to limit upside progress.
Momentum indicators show mild weakening in the short term, although structural integrity remains intact on the higher timeframe chart. The long-term formation continues to resemble a developing reversal pattern. This structural similarity to previous cycles provides a technical framework for assessing future market positioning.
Dogecoin’s technical outlook now depends on how the market reacts near these key levels. As the token consolidates around support, traders continue to evaluate whether volume expansion could drive the next decisive movement.
Filecoin (FIL) Breaks Out With a 44% Weekly Surge, Eyes $2.30 Resistance Reclaim
Filecoin (FIL) increased by 44.2 percent during the week and changed to trade at $2.17 recovering after being at the support zone of $1.33.
The token increased by 64.7 percent over Bitcoin, to 0.00002137 BTC with expanding market participation.
The resistance is still high around the areas of $2.26-$2.30, and the short run market stability has shifted to $2.00.
Filecoin (FIL) has been on a steep recovery this week, which is a good bounce back after hitting its lows in October. The share has increased by 44.2 percent within the last seven days and has a current value of $2.17. This positive trend came after a strong break-out of the support zone of $1.33, which is the indicator of new momentum in the entire market.
During the identical duration, FIL also increased by 64.7 percent as compared to Bitcoin, at 0.00002137 BTC. The price spurt has reinstated the attention to the resistance zone of 2.26-2.30, which was a major point that limited upward movement at the beginning of October.
Strong Price Recovery From Major Support
The price structure demonstrates that there is a critical rebound of the price at the level of $1.33 which served as the support zone. Buyers came in with aggression when FIL had consolidated a few weeks in a slender range. The breakout also took the price beyond the mid-range of 1.80 which has validated the short term market strength.
It is important to note that the volume of trading increased during the increase indicating an increase in the market participation and renewed interest of investors. The good follow through at above $1.80 indicates that buyers managed to take in selling pressure accrued in the course of the fall in October.The focus now turns to whether FIL can maintain this recovery trajectory and sustain levels above $2.00 in the coming sessions.
Resistance Retest and Price Behavior
FIL’s recent rally met resistance near the $2.26 level, which aligns closely with the prior high from early October. This zone remains a critical point for traders observing potential continuation patterns. A clean reclaim of $2.30 could mark a structural shift in sentiment, indicating a possible return toward previous trading ranges above $2.50.
However, immediate rejection at resistance may result in a short-term retracement toward $1.80, where prior consolidation occurred. The price action shows a decisive attempt by buyers to regain control after a prolonged period of downward pressure. Each successive higher low reinforces near-term momentum, though confirmation remains dependent on sustained volume and stability above support levels.
Market Outlook and Future Structure
Current market behavior indicates an improving short-term trend for Filecoin following weeks of stagnation. The $2.00 area has now emerged as a key pivot point for maintaining upside strength. Continued stability above this level could enhance buying interest and attract renewed liquidity into the pair.
In broader market context, FIL’s rapid rebound underscores its volatility during periods of capital rotation. While resistance remains firm near $2.30, maintaining higher lows suggests that participants are beginning to re-establish confidence in the asset’s short-term direction.
Solana Price Tests $150 Support After Trendline Breakdown
Solana has failed under its major trendline and is currently probing vital horizontal support of $150-155.
The current support may have a relief bounce to around $170 175 which fits the 9-day EMA.
The next demand zone of $135 140 could be gained sooner on a break beneath $150.
This week Solana (SOL) fell into a critical technical stage after breaking down through its major trendline support. The step has directly put the cryptocurrency in a horizontal demand area of $150-$155, which has already served as a strong support. SOL was trading at approximately $159.57 at the time of composition which showed that it had fallen by 1.2 percent in the last 24 hours. It was also trading at 0.001546 BTC, which has increased by 0.4 percent on the Bitcoin pair, with the 24-hour range having a high of $164.71 and a low of $147.97.
The decline beneath the rising trend line reflects the loss of short term bullish arrangement. Nevertheless, the horizontal help has become one of the major guiding posts that traders observe in favor of stabilization or continued downward influence.
A closer look at the daily chart reveals that SOL has been consistently losing ground since its early-October high. The short-term bearish tone is also supported by the fact that the coin has shifted below the 50-day EMA and 200-day SMA. It is noteworthy that the latest decrease in the trading volume significantly increased, as the price approached the lower boundary.
Should the buyers be able to hold the $150-155 region, there is still a temporary revival to $170-175. This area is quite similar to the 9-day EMA which is a band that frequently serves as short-term resistance following prolonged decreases.
Support Zone Emerges as Solana’s Critical Turning Point
The $150 mark currently is a crucial market direction indicator. Clinging past this support may be an indication that a temporary recovery is in play and relief is to be experienced after a series of bearish days. Nonetheless, it may not be able to hold this floor, which could pave the way to the next demand area around 135140 where there had been a previous build-up.
The market participants still track the behavior of Solana around this area since a clear step below the 150 mark can change the overall formation even more. The following sessions will also play a critical role as to whether the current slide will reach the level of being stable or it will be transferred to even lower grounds of support.