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Blue-Chip Cryptos To Dominate as Altseason Fades in 2026, Says Analyst
Liquidity is tightening, and not all alts will survive the next cycle. Analysts say 2026 favors Bitcoin and proven blue chips, not a broad altseason. $BTC $ETH $XRP
DOGE Faces Bearish Rising Wedge Breakdown With $0.12 in Focus
DOGE trades under pressure after a rising wedge breakdown, with technical charts pointing toward $0.12 while $0.135 remains the critical invalidation level for short-term structure.
DOGE trades below rising wedge support, keeping downside risk active while price remains capped under $0.135.
Neutral funding rates show futures positioning stays balanced despite DOGE drifting lower toward key support zones.
The $0.13 level remains a short-term pivot separating consolidation from renewed bearish continuation.
DOGE remains under controlled selling pressure as short-term technical structures weaken across intraday and swing timeframes. Price action suggests distribution rather than panic, while traders closely monitor defined support and invalidation levels for directional clarity.
Rising Wedge Breakdown Shapes Market Bias
The 4-hour chart shared by Trader Tardigrade outlines a mature bearish rising wedge on DOGE. The structure developed through higher highs and higher lows with diminishing upside momentum. Such formations often reflect buyers losing strength during an advance. Each push higher produced weaker follow-through.
DOGE recently broke beneath the wedge’s lower boundary, confirming structural failure. Price did not reclaim the broken support trendline, suggesting acceptance below it. This behavior reduces the probability of a false breakdown. The tweet emphasizes continuation risk while price remains capped.
The $0.135 zone stands as the clearly defined invalidation level. This area aligns with prior rejection and overhead supply. Sustained acceptance above it would negate the bearish setup. Until that occurs, upside moves remain corrective in nature.
Downside Focus Centers on $0.12 Support
Following the breakdown, attention shifts toward the $0.12 region as a downside target. This level aligns with earlier consolidation and visible demand on the chart. A move toward $0.12 would represent proportional follow-through. The decline continues to unfold in an orderly manner. $DOGE
Whales Active Before the Year-End! Giant Whale Undecided on Bitcoin and Ethereum: Opened a Long Position for One and a Short Position for the other.
While Bitcoin (BTC) and altcoin prices continue to move sideways, the same is not true for whales.
Although there is no movement in prices, large whales continue to trade.
According to Lookonchain’s report, a newly created wallet deposited a total of $4 million worth of USDC into the platform over the past four days. It then opened transactions in Bitcoin and Ethereum.
However, the whale is expecting a rise in one and a fall in the other. Specifically, the whale opened a long position in Bitcoin expecting an increase, while opening a short position in Ethereum.
Accordingly, the whale opened a long position on 218.6 Bitcoin, worth $19.15 million, with 10x leverage. Conversely, it opened a short position on 5,294 ETH, worth $15.5 million, also with 10x leverage.
Liquid prices were $71,392 for Bitcoin and $3,588 for Ethereum.
Another whale acquired a large amount of ZEC. Lookonchain reported that a newly created wallet (t1XKfb) purchased 30,000 ZEC from Binance, worth $13.25 million.
An institutional whale purchased a large amount of Worldcoin (WLD). Accordingly, a wallet (0xf000) affiliated with Multicoin Capital bought 60 million WLD, worth $30 million, at $0.50 per ton OTC.
Lastly, Erik Voorhees, one of Bitcoin’s early advocates and founder of ShapeShift, once again exchanged his Ethereum for Bitcoin Cash (BCH). He has been exchanging his ETH for BCH in recent weeks. Lookonchain reported that Erik Voorhees invested another 1,635 ETH ($4.81 million) in THORChain, exchanging it for BCH. $BTC $ETH