Profiteering Harvest! Mysterious whale locks in 32% profits, PEPE price may plummet!
A month ago, the PEPE price dropped to $0.000007, triggering significant accumulation in the market, leading to a 36% price rebound and reaching a four-month high. Although the price has retreated recently, it remains about 57% of its peak, allowing most holders to stay profitable. However, 87% of the PEPE supply is concentrated in 1% of addresses, indicating that whales hold a substantial amount of unrealized profits, posing potential risks to the market. Currently, the PEPE price is at a critical support level of $0.000010, with a weak structure. If it falls below this level, profitable whales may start to sell off to lock in gains, rather than out of panic. Previously, $0.000010 had triggered strong buying on dips twice, but the current rebound momentum is insufficient. If the price breaks below this level, it will form a fourth lower low, potentially triggering further profit-taking by whales.
The recent trend of BCH is quite good. From the weekly level, it shows an overall V-shaped bottom pattern. The three consecutive bullish candles have broken through all moving average resistance, and the trend continues to strengthen. Its MACD also shows signs of crossing above the zero line, and once it fully stands above it, the subsequent movement will accelerate upward, continuing to challenge the significant level of 500. In the short term, if it can pull back to around 440 or below, one can gradually buy the spot at the bottom.
Stunning Trend Change Signal! Dogecoin (DOGE) $0.168 Defense Line in Danger, 30% Plunge Imminent!
According to the latest analysis by analyst Ali Martinez on the X platform, Dogecoin (DOGE) is currently at a critical stage of price movement, fluctuating within a symmetrical triangle pattern. Below is an interpretation of Dogecoin's technical trend and an analysis of potential price directions. The symmetrical triangle pattern of Dogecoin From Martinez's chart, Dogecoin's price has been operating between two trend lines with roughly equal slopes but opposite directions over the past few months, forming a symmetrical triangle. This technical pattern indicates that the price is in a consolidation phase, with a gradually narrowing range, suggesting that a breakout may be imminent.
The cryptocurrency space will soon be doomed if it does not usher in structural reform
All narratives have been debunked, and new narratives have yet to emerge; on-chain activity is structurally declining, with on-chain behavior reduced to extracting profits, short-term speculation, and capital arbitrage, with virtually no native demand
The user structure has drastically deteriorated, value investing is dead, pvp has also entered a deadlock, and has already descended into nihilism
At this rate, it is meaningless, purely a casino, and still a battlefield
I will repeatedly trade Mkr and Bch in waves. If the price rises significantly, I will reduce my position by 50-70%. If the price drops significantly, I will buy some positions. Both of these coins may reach new highs in 2023-2024.
It is particularly important to note that the Federal Reserve's interest rate meeting on June 19 may become a 'key turning point' for market direction. Recent altcoins worth paying attention to: The ETF for SOL is expected to have favorable news soon, likely to break through the current consolidation range first. Outstanding coins in the Sol ecosystem:
$JTO: The largest staking protocol in Sol, with a solid fundamental basis.
$WIF: Leader in the meme sector, with high market attention.
$SYRUP, VIRTUAL, FARTCOIN: These three coins often rebound quickly after each significant correction, making them the best choices.
This week the organization is going to issue salaries again A bunch of VC coins are unlocked for cashing out Nothing is better than issuing your own coins to make money Yuanfang, what do you think?
BTC rebounds again, will Dogecoin (DPGE) follow suit? Key support to watch at $0.17, which previously surged by 300%!
As the cryptocurrency market strives to recover from last week's turmoil, the price of Dogecoin (DOGE) continues to decline. In contrast, Bitcoin (BTC) has shown a pattern since May 23: significant declines on Thursdays or Fridays, gradually recovering over the weekend, and further rebounding on Mondays. The similar pattern for three consecutive weeks suggests that Monday might continue this trend, and Dogecoin may have an opportunity for recovery. However, as of now, its price trend remains bearish.
The bearish structure of Dogecoin is evident. According to the daily chart, the market structure is firmly bearish, with prices breaking below the 78.6% Fibonacci retracement level (based on the rebound in early May). Currently, the local low of $0.17 has accumulated significant liquidity, and prices may rebound after touching this level again. On-chain indicators show potential buying opportunities, but the continuous decline in On-Balance Volume (OBV) indicates that sellers are still dominant.
Recently, many people have asked me how to do dollar-cost averaging with Bitcoin, two methods
1. Price-based dollar-cost averaging, for example, if Bitcoin starts at 105000 and hasn’t dropped by 2000 points, buy the dip with 1000U
2. Time-based dollar-cost averaging, every month on the 15th when I get paid, regardless of whether it goes up or down, buy the dip with 1000U
However, after the second half of the year, I do not recommend aggressively increasing spot positions because Bitcoin is currently still following a 4-year bull market cycle, you know what I mean.
There has been quite a bit of discussion about Sol recently, and the matter of ETFs has been brought up repeatedly. I personally believe that it's just a matter of time before it goes through.
Currently, from a structural perspective, it cannot be confirmed as a bull flag yet. We will have to see if it can break upwards to determine that. If it does break upwards, participation is possible.
Binance Latest Announcement: Starting from June 17, 2025, at 8:00 AM, the trading volume between Alpha tokens will no longer be counted towards Alpha Points statistics. The points battle has come to a halt, and mutual trading will no longer be counted for points, but the lingering grievances and losses may leave everyone at a loss in the short term. Of course, the scores are expected to decrease as well.
The SEC's previous rules have changed. They used to regulate decentralized finance (DeFi) projects and token custody, but this has now been officially canceled. The troubles for XRP have also been resolved. After a long legal battle between the SEC and the XRP company, a settlement has finally been reached. Moreover, the commonly used stablecoin USDC can now also be used on the XRP network.
Dogecoin (DOGE) on-chain data skyrockets to $23.35 billion, whales are crazily accumulating, a surge in the market is imminent!
Dogecoin (DOGE) has recently shown signs of on-chain activity that differ from mainstream cryptocurrencies. Despite the general decline in key indicators of major crypto assets like Bitcoin (BTC) and Ethereum (ETH), Dogecoin's on-chain data has risen against the trend, attracting market attention. According to data, the large transaction volume of Dogecoin in the past 24 hours reached $23.35 billion, soaring 41.12%, far exceeding the increases of Bitcoin and Ethereum.
This surge in transaction volume indicates that large holders (i.e., 'whales') are actively moving, and such anomalies are often precursors to price volatility. In contrast, Ethereum's large transaction volume fell by 6.64%, with only $9.97 billion; Bitcoin's large transfer volume reached $56.06 billion but decreased by 16.06%. Dogecoin's large transaction volume is over twice that of Ethereum, highlighting its unique market performance.
It's the weekend again, and there is no trading desire in the market. After the decline, a recovery is needed, but the recovery time is difficult to determine; sometimes it is fast, sometimes slow. This time the recovery is relatively slow, coinciding with the weekend's lack of liquidity.
The current strategy is to wait for a high shorting opportunity, with the best short price for BTC around 106800.
The main BTC players entered and exited twice during this round of market:
The first entry and exit was a normal trend.
The second entry and exit seemed like a manipulation to raise prices and trap retail investors. On June 7th, the main players had completely exited their positions.
If the main players want to create another top to trigger short positions, they continued to aggressively push prices up to create a secondary peak. Then from the afternoon of June 12th to June 13th, they sold off all their holdings, as referenced in the maximum accumulation of funds data in the table.
In the last 24 hours, there has been a significant amount of turnover due to complex information, leading to noticeable exit signs from both short-term profit and loss investors, particularly more from short-term loss investors. However, the overall changes are not substantial; we still need to wait for further developments in the situation. Currently, there are no favorable or unfavorable factors that can change the circumstances in the market.
$93,000 to $98,000 remains the most stable support level right now, and the price fluctuations are low, hardly impacting this position. The range between $100,000 and $105,000 is not considered stable; if an event occurs, there will be a more pronounced turnover, putting slightly more pressure on the price.
Today, Israel and Iran suddenly went to war, and it seems that the BTC main force knew in advance to escape for safety.
Indeed, I still had fantasies yesterday, but today I realized it was no longer feasible and gradually stopped losses. The system's alert yesterday at noon was very accurate; the message that the BTC market was ending was a signal for you to stop losses.
4.6 billion in liquidations have been cleared! Dogecoin (DOGE) bottoms out and explodes! Final sprint phase, next stop aiming for $0.7!
In the past 24 hours, Dogecoin (DOGE) has experienced a bullish wave, with the price returning above $0.2. This marks the first time since early June that Dogecoin has broken through this key price level, signifying a strong comeback for this meme cryptocurrency. Trader Tardigrade analyzed that the current price trend of Dogecoin is highly similar to its historical cycles, especially after the weekly MACD and stochastic oscillator hit the bottom. Analysis shows that Dogecoin often undergoes a 'bottom-launch-explosion' three-phase pattern. In the current weekly candlestick chart, the blue line and orange line of the stochastic oscillator crossed and retreated to the middle line, similar to the pattern in October 2024, laying the foundation for the subsequent parabolic rise in November and December (soaring from less than $0.1 to $0.48).
Today's turnover continues to decrease, with short-term investors gradually reducing their holdings, but the impact is not significant. Even though today's geopolitical conflicts led to a drop in risk markets, there has been no panic sentiment. Currently, the sentiment among BTC investors is very stable.
From the supporting data, the range of $93,000 to $98,000 remains the most stable position. The investors at this level are also reducing their holdings less and less, with most of them being long-term holders. As long as this group of long-term holders does not panic, even if the price of BTC drops, the extent will be limited.