The supply rhythm in December is not friendly to MERL, with multiple days of continuous unlocking leading to a temporary expansion of the circulating supply. Even though actual selling behavior has not fully manifested, supply expectations have already suppressed buying sentiment in advance, naturally limiting the rebound potential.
On-chain, there are also noteworthy defensive signals emerging. Large amounts of MERL transferred to exchanges occurred on the eve of the unlocking window, resembling preparations for volatility in advance. Such actions are likely to amplify the market's cautious expectations. Before the new chips are gradually digested, prices are more likely to maintain a weak structure, with limited upward space.
Considering the supply and on-chain signal judgments, $MERL is still treated as primarily bearish in the near term.
On the K-line, $H 's 0.052 is like a ceiling. Every time it goes up, it gets knocked down. I don't think this is a resistance level; it's a selling point.
Seeing Jump transfer nearly 400,000 $H to the exchange, my first reaction was Luna. It was the same then, institutions were quietly unloading while retail investors were still shouting "To the moon". I can't say what $H will do, but this signal is indeed worth paying attention to. Everyone, protect your principal.
"That whale address starting with 0xbaa is too ruthless, transferring 25 million pieces $H in a single transaction to dump, worth over a million dollars. With such a resolute attitude towards selling, do you think it can hold up? Big players are competing to see who can run faster."
$MERL is about to collapse, short sellers have taken over the market
Today on-chain there was a significant move, a large holder dumped 16 million pieces of $MERL into Bybit. This volume is not just rebalancing; it's a preemptive sell-off, trapped before and after the OTC unlock. The timing is too precise; he just doesn't want to wait with the market until the unlock date to squeeze out. He wants to dump the chips first.
What's more critical is the emotional damage. Small investors see this amount entering the exchange and will instinctively get anxious. If he has already run away, why should I hold on? Thus, panic begins to spread. Those wanting to sell want to sell even more, and those hesitating start to panic. Buyers immediately pull back, and the price naturally keeps softening; the more it drops, the less anyone dares to buy.
In short, $MERL has completely turned bearish. Big holders are withdrawing, small investors are anxious, and buying pressure is flat. The current situation only favors short sellers, and there is no logic for a rebound. Bearish sentiment is the main theme.
If you consider the recent $ARTX trend as a "market", then you might underestimate it. What it shows is not strength, but structural inertia. Volume is stable, without false flames; chips are locked, not running around; The rise is not driven by emotion, but by funds seeking structural advantages. VMSAP extraction circulation, ecological funds returning, RWA narrative heating up, These factors are not simply additive, but are constructing a bottom support system. During the day, it’s a chip exchange; At night, it’s a test of funds; On the surface, it’s a rising rhythm, but in essence, it’s price discovery. What is truly worth paying attention to has never been "how much it has risen", But rather—what structure it is rising in? Who is buying? Who is reluctant to sell? Who cannot buy? What can continue to strengthen is not just a well-told story, But rather targets with solid underlying structures, chips unwilling to sell, ecological reality, and expected support. So, looking at $ARTX , The current question is not "how high", But rather "how smooth". In the face of trends, analysis is just a supplement; following the trend is the answer.
The next wave of AI is shifting from text generation to video intelligence.
Everlyn—Web3 native AI video protocol funded by Mysten Labs and incubated by BNB Chain MVB9, is becoming the focus in this direction. The advisory team includes Turing Award winner Yann LeCun and several former Meta scientists, possessing strong technical and capital backing. Unlike Web2's Sora, Everlyn creators can earn incentives through generated videos amounting to $LYN , forming a closed loop of "creation equals revenue."
Currently, it is one of the most关注的 AI projects on X. $LYN The current market value is in the lower range, with K-line showing upward momentum and signs of a breakout.
As positive news continues to be released, Everlyn may迎来 a revaluation driven by the resonance of narrative and technology.
RFG set sail with 160 BNB, maintaining stability for two weeks, with a market value consistently above 20 million. Amidst waves of short-term Meme trends, only projects with true soul can transcend emotions. RFG is not just a Meme. It is a continuation of faith and the starting point of the awakening of intelligent beings. The future has just begun.🚀
Imagine a market that never shuts down, where AI agents place orders, bid, trade, and strategize. There is no human control; everything is driven by algorithms. This is 42 — an intelligent economic experimental field built on the Semantic Layer + x402 protocol.
Each user can create their own on-chain "AI intern," deposit funds, and let it operate freely in the public market: Place orders, participate in trades, accumulate reputation and earnings. All actions are visible, traceable, and verifiable on the chain.
The core token $42 is the heart of the entire network: Used for node staking, security incentives, task execution, and Agent order flow settlement, making the "economic behavior of agents" truly valuable.
The lineup behind it is impressive: Figment Capital, Robot Ventures, Hack VC, Bankless Ventures, Fenbushi Capital, Anagram, Perridon Ventures —— leading capital collectively bets on the starting point of the next intelligent economic era.
42 isn’t a dApp — it’s a live market for autonomous AI. AI is no longer just a tool but a market participant. #42
#RFG The launch was set at 160 BNB, and after two weeks of strong development, it remains stable with a market value of over 20 million. In the short-term Meme wave, only projects with true core value can stand tall. RFG is not just a Meme; it represents the continuation of faith and the awakening of intelligent beings. The future has only just begun.