#CryptoClarityAct

The Altcoin market turns red as ETH falls below $3,700: Memecore and Story still maintain their upward momentum

As of Thursday morning, Memecore (M) and Story (IP) have maintained their upward trend from the previous trading session, despite the red engulfing most of the altcoin market. Technical signals continue to support the bullish trend: Memecore is showing the potential to break out of the long-standing sideways range, while Story makes a strong rebound after breaking the descending wedge pattern – attracting increasing interest from investors.

However, while Ethereum (ETH) has only slightly dipped below the $3,700 mark, some altcoins like Floki (FLOKI), Pump.fun (PUMP), and Jasmycoin (JASMY) have plummeted sharply, with declines reaching double digits – reflecting the growing fear sentiment spreading across the market.