If you pay attention, Total 3 is currently running similarly to 8-90% at the beginning of this year, taking over 90 days to recover EMA34. If it follows the pattern from the beginning of this year, we'll witness some altcoins dropping to the bottom of the bottom, and BTC adjusting significantly. Is this an opportunity or a risk?
Today I see many people discussing ONUS, so I sat down to review the on-chain data of VNDC and have a few personal insights:
1. What was VNDC?
VNDC is a stablecoin in the ONUS ecosystem, with the goal of pegging the price: 1 VNDC = 1 VND
In theory, it is similar to USDT but for the Vietnamese market — acting as an intermediary for transactions, storing stable value in the system.
2. But the current reality
Observing recent data: • VNDC can no longer maintain a stable peg • Low liquidity • Transactions mainly small-scale, internal • No large capital flows participating
3. So what is VNDC at this moment?
To be blunt:
👉 VNDC currently is no different than a memecoin
Because in the market, the value does not lie in "name", but in: • Whether it can maintain its price • Whether it has liquidity • Whether there is capital flow
If these three factors are lacking, then even though it is still priced at 1 VNDC = 1 VND, in essence it is still:
➡️ A weak token, easily abandoned
4. How to view the rumor that ONUS is crashing?
Currently: • No official confirmation yet
But in crypto:
👉 Just need to lose trust = the risk has begun to appear
The market doesn't need to be right/wrong, just needs users to withdraw money is enough to create pressure.
5. Conclusion • VNDC was once a stablecoin with a clear direction • But at this moment, market behavior resembles more of a memecoin than a stablecoin
23/1/2026 The scenario of BTC following scenario 2 towards the accumulation zone of 88-89k has been forecasted in the short term. In the last days of the weekend, there is no selling pressure from the ETF fund, and the price is being well supported by the trendline at the lower end of the support zone 88-89k. The price will likely make a slight recovery in the range of 88-89-90k9.
Louis_19
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19/1/2026 I think the drop this morning is not a cause for concern mainly due to political news and the EU's retaliation. Given this situation, I lean towards the 2 scenarios in the image. We cannot rule out the scenario of BTC returning to 88-89k one more time.
19/1/2026 I think the drop this morning is not a cause for concern mainly due to political news and the EU's retaliation. Given this situation, I lean towards the 2 scenarios in the image. We cannot rule out the scenario of BTC returning to 88-89k one more time.
There is almost a similarity here when BTC creates 2 peaks, we can encounter BTC adjusting through the MA34 of the 'MONTH' frame. After that, BTC will run a fairly long accumulation period which can be considered a shake-out phase before moving into a growth phase. My intuition tells me that MM is setting up to do something, although it doesn't follow the plan I drew, but in 2026 there will be many things worth watching in the market! #BTC $BTC #TrumpCrypto #whale