Alarm sounded! Ethereum (ETH) is about to explode, XRP is set to fly, and the altcoin season is taking off across the board?!
🎉【ETH leads the charge! The altcoin awakening season is online, and memecoins are being sidelined?】🌋 Have you noticed that the crypto world, which seemed to be hibernating for a whole June, suddenly 'woke up' in July, as if someone slapped the altcoins awake and said, 'The bull market isn’t over, get up!' Sure enough, SEI, SUI, XRP, and even big brother Ethereum (ETH) have all started to become restless. Yes, the altcoin season has truly arrived. But this wave is different from before—most of the altcoin surges you saw before were led by meme coins, like dogs, frogs, and hats, doubling at a whim. This time? No tricks, Layer-1s are standing up on their own!
Dogecoin (DOGE) is currently at a very critical position, with the price being compressed within a narrowing symmetrical triangle, which also aligns with the larger cyclical trend structure. The lows are progressively higher, indicating that market forces are quietly accumulating, likely brewing a significant market movement.
In simple terms, the principle of multi-timeframe trading is: buy low and sell high. That is to say, find buying points at clearly undervalued positions and selling points at high levels, operating in accordance with the range and structure. Recently, Dogecoin has already shown an 8-hour pivot point at a low level; if the market provides a strong confirmation signal, one can pay attention to entry opportunities.
In the short cycle, DOGE has also exhibited a range structure. There are two prudent approaches: one is to enter directly after a short-cycle breakout signal appears, placing a stop loss below the low; the other is to wait for an internal breakout signal, then enter at the support level, placing a stop loss below the support. Each trade's risk should be controlled within 2%, with target prices approached in two steps: first take some profit, and for the remainder, let the market signals decide whether to continue holding.
From a daily perspective, although the overall direction still leans downwards, the price has started to build a more stable structure, with lows gradually rising and selling pressure weakening. The formation of the symmetrical triangle indicates that the decline may temporarily halt, with the market preparing for the next directional breakout.
In summary: DOGE is currently accumulating strength at a low level, short-term buying is possible, but risk must be controlled; although the overall direction is weak, the structure indicates that the bottom is slowly solidifying, and a rebound may be on the horizon.
Recently, SHIB (daily chart) has shown a weak trend. The 50-day and 100-day exponential moving averages continue to decline, which creates significant resistance for the price. The 200-day moving average remains high, indicating that the long-term trend has not changed. In other words, it is too early to talk about a substantial reversal before the price breaks through the 50-day moving average.
However, the price has recently fluctuated within a relatively narrow range, which is actually an important signal. The support below has slightly risen, and the overall shape resembles a combination of a descending channel and a wedge. This pattern usually indicates that a short-term rebound or sideways consolidation may occur, but there is still a possibility of further declines afterward.
From a technical indicator perspective, the RSI (Relative Strength Index) hovers around 40, also showing that the market is in a state of hesitation. Sellers still exist, but compared to before, their strength seems to have weakened.
In simple terms: SHIB may have a slight rebound or fluctuation in the short term, but overall it still leans weak. It needs to break through the 50-day moving average for the trend to have a real chance of changing. For beginners, it is advisable not to blindly chase after the rise; instead, observe support and resistance and proceed with caution.
With the Federal Reserve's interest rate cut, AAVE surged 9%! Will the V4 upgrade ignite the next wave of craziness?
Recently, Aave (token abbreviation AAVE) has become one of the main beneficiaries following the Federal Reserve's interest rate cut. The price rose by about 9% on the same day, with the latest trading price approaching $205. This surge is closely related not only to macroeconomic benefits but also to the upcoming V4 version upgrade of Aave.
Highlights of the V4 Version Upgrade
Aave's V4 upgrade has brought a core change: a redesigned liquidation engine. In simple terms, this new engine allows for more efficient use of the platform's funds while enhancing risk management, making the entire protocol more robust in the face of market volatility. For users and traders, this means that the risks of borrowing and leverage operations are more controllable, and it may also bring more profit potential.
In recent weeks, the cryptocurrency market has experienced significant fluctuations, and the trend of XRP has started to appear unusual. The issue does not lie in complex indicators, but in the price structure itself having the risk of 'unstable foundations'.
There is only one key position: $1.82. This is the middle line of the monthly Bollinger Bands and currently the only support level for XRP that can still be considered 'reliable'. The price is now less than 10% away from here, which seems not far, but once it breaks below, the situation may become very passive.
Why is this happening? We need to go back to November 2024. At that time, XRP experienced a wave of extreme surges, skyrocketing nearly 3 times (around 283%) in a short period. The increase was too rapid, with almost no pauses for consolidation, and it did not leave the market with enough support zones.
You can understand it as: the elevator rushes straight to the top floor, but there were almost no stops on the intermediate floors.
The problem is that while the rise has been completed, the correction has not yet 'gone through the process'. When the price crosses too many ranges too quickly, once it starts to fall, it is easy to find that 'the bottom cannot hold'.
Now, if XRP only gently tests $1.82 and then rebounds, the structure can barely be maintained;
But if the monthly closing directly falls below $1.82, it means the last 'safety rope' has snapped.
By then, there will be hardly any clear support levels on the monthly chart, and the market can only look for references at lower levels (weekly, daily), which are not sufficient to support a major correction.
It is important to note that: XRP does not need any negative news, nor does it require a black swan event. As long as the market continues to weaken, gravity will pull it back to the 'unfinished road' from that surge.
In summary: 👉 $1.82 is the last line of defense for XRP bulls. If it cannot be maintained, the trend will clearly weaken.
Recently, SHIB has been fluctuating around 0.000008 USD. Although the overall trend is not strong yet, this level is no longer just a point that can be easily broken, but rather a price zone that is clearly being defended.
A few months ago, SHIB did drop significantly, but there has been an important change in the recent trend: 👉 It is not continuing to drop sharply, but rather starting to move sideways and stabilize slowly. This indicates that panic selling has essentially ended, and the market has entered a cooling period.
From a daily perspective, SHIB has started to show small upward lows at lower levels, meaning the declines are becoming slower. Although the price is still below all important moving averages, the long-term trend remains weak, but the key point is that the downward pressure has clearly weakened. Sellers are not as urgent as before, and trading volume continues to decline, which is usually not a sign of a crash, but rather "let’s stabilize first."
Currently, the price is still operating on a small upward trend line, testing a short-term resistance area, which means the fluctuations may increase in the future.
The first signal that bulls are truly gaining an advantage is if the price can stabilize above 0.0000085 USD.
If it can continue to break through the 0.0000095–0.000010 USD range (which is an important moving average resistance level), then SHIB will have the opportunity to open up greater rebound space. Of course, this step is not easy, but once successful, market sentiment will change significantly.
In terms of indicators, the RSI is currently in a neutral zone, neither hot nor cold, and it has not made new lows, indicating that the bears are retreating.
Of course, there is also the possibility of continued sideways grinding, but at least one point can be confirmed: 👉 0.000008 USD is being firmly defended, and SHIB is no longer accelerating its decline.
Ethereum has recently experienced a significant pullback, but it hasn't 'collapsed.' On the contrary, the price has steadily remained above the important psychological level of $3000, indicating that the market acknowledges this position and there hasn't been panic selling.
From the trend perspective, ETH is slowly recovering upwards. However, on the daily chart, the downtrend line and the 50-day moving average overlap, forming a relatively hard 'ceiling.' The price has previously been pressed down here once, so as it approaches this area now, the market will naturally be more cautious. But the key point is not whether it will break through immediately, but rather: has the price been quickly pushed back down? Currently, it has not.
Looking at the moving average structure, the overall outlook is somewhat positive.
The 100-day moving average is below the price, acting like a 'support cushion'; The price is still above the 200-day moving average, indicating that the medium to long-term structure has not been damaged; The only trouble lies with the 50-day moving average, which is the biggest pressure point in the short term.
The trading volume also provides a lot of confidence. Compared to the major drop in October, the number of sellers has noticeably decreased, while the trading volume during price increases has actually increased. This indicates that the market is not in a 'distribution panic,' but rather seems to be gradually changing hands and digesting holdings.
On the indicators, the RSI is around 50, neither hot nor cold. This is usually a position where the market is 'gathering strength,' rather than a top or bottom position, making it easier to continue in the original direction.
Next, Ethereum has roughly two paths to take: If it successfully stands above the 50-day moving average and stabilizes above $3400–$3500, then there is a chance to challenge $3800 or even $4000; If it is pressed back down again, it will likely oscillate between $3000–$3400, preparing for the next market movement.
In simple terms: this is not the craziest stage yet, but it is far from being dangerous; it feels more like paving the way for the next wave of market movement.
If we don't just focus on short-term fluctuations but instead broaden our perspective, the current trend of XRP is not as pessimistic as it seems. Although the price appears to be lingering at a low level, it has been more like a slow accumulation of strength in recent weeks, rather than panic selling by everyone.
Since the drop in October, XRP has been operating within a downward price channel, with the current price concentrated around $2.00–$2.05, which is the lower edge of this channel. This position has been repeatedly tested, but each time it has not been effectively broken down, indicating strong support here.
More importantly, selling pressure is clearly weakening. Each time the price falls back into this range, it is caught by the market, and there hasn't been a continuous dumping of shares.
Technically, XRP is still below the 50-day and 100-day moving averages; the trend cannot be said to have reversed, but one key change is that the distance between the price and the moving averages is no longer widening. This usually indicates that the downward momentum is weakening, and one can expect more significant volatility rather than a continued one-sided decline.
Trading volume also reveals signals: the amount sold during declines is decreasing, while increased volume is more evident in the bullish candlesticks. This suggests that those who were eager to sell have mostly left, and the remaining funds are more inclined to gradually buy in at lower levels, which is typical "accumulation."
The RSI indicator also confirms this. It has been hovering around 40 for a long time, without dropping into the extreme oversold area, indicating that although the market is weak, it has not spiraled out of control. Overall, XRP now appears to be building a foundation at the bottom, and once sentiment or funds warm up, a change could occur at any time.
From the daily perspective, the overall trend of Dogecoin is indeed still going down, but the situation is not as bad as imagined. Trader Tardigrade pointed out that although the price hasn't risen much, Dogecoin is slowly stabilizing its 'bottom,' and the trend is starting to become more resilient.
In simple terms: it’s not falling much anymore.
If we look back at previous market conditions, when the overall market weakened, Dogecoin would usually continue to set new lows, each lower than the last, indicating that the bears completely controlled the market. But this time it’s different.
Currently, Dogecoin is not continuing to plummet crazily; instead, each dip is slowly getting higher, and the price is 'sandwiched' in a gradually tightening range. This pattern is called a symmetrical triangle in technical analysis.
You can understand it as follows: 👉 Bulls and bears are in a tug-of-war, and neither side has completely won 👉 Sellers are gradually losing strength 👉 Buyers are starting to slowly take over
This pattern usually indicates one thing: the downtrend may be nearing its end. Next, the market is likely to choose a direction, either to break upwards or to continue to decline, but at least it won’t slide downwards as it did before.
For beginners, the key point is not that it will rise immediately, but that a key signal is emerging—a panic sell-off is weakening, and the market is brewing changes. What to watch next is whether the price can break out of the current consolidation range with volume, that will be the real confirmation of direction.
Recently, many people have noticed that although the price of Shiba Inu Coin has been falling for a while, it has not continued to drop significantly. In other words, the strength of the bears is weakening, and the market has entered a "wait-and-see period."
From the price trend, SHIB is currently slowly forming a slight upward structure at the bottom. You can understand it as: each time the price retraces, it does not fall below the previous low but instead rises a little bit. This situation usually appears when a decline is about to end.
However, this does not mean that a big surge will happen immediately. The current shape resembles a mixed state of a downward channel and a descending wedge, indicating that the market is still hesitant. Generally speaking, there are three common outcomes in such areas: 1️⃣ A slight rebound 2️⃣ Continued sideways consolidation for a while 3️⃣ A drop again after a period of fluctuation This means that the direction has not yet fully emerged.
Looking at the momentum indicators, the RSI (Relative Strength Index) is currently around 40, which is a crucial value: It's not low enough to indicate extreme fear Nor high enough to indicate obvious strength This suggests that sellers are still selling, but they are not as anxious anymore. The previous panic selling has basically come to an end, and market sentiment is slowly cooling down.
Recently, Pepe Coin (PEPE) price has fluctuated, facing upward pressure in the short term, with a target price of approximately $0.00000456. In the past 24 hours, the PEPE price has increased by more than 2.6%, with a trading volume reaching $37.31 million, indicating active market trading, but buying interest has decreased.
From the daily chart perspective, the RSI index of PEPE (14 days) has fallen back from previous highs to about 44, suggesting potential downward pressure in the short term. The 14-day Simple Moving Average (SMA-14) indicates that price volatility may increase in the coming hours. Overall, although there is upward momentum, risks still exist.
On the 4-hour chart, bears have a certain advantage near recent support levels, which may suppress prices in the short term. Bulls are trying to hold above the 20-period Exponential Moving Average (EMA) to prevent declines. The breakeven point indicator shows that short-term sellers have a slight advantage and may accelerate downward at any time.
In terms of technical indicators, the MACD line forms a red histogram below the signal line, indicating strong bearish momentum, and the price may be under pressure in the short term. Overall, PEPE's short-term trend shows a tug-of-war between bulls and bears; although there is a chance of hitting $0.00000456, investors should be wary of a potential price pullback at any time.
In summary: Pepe Coin's price is facing alternating pressure and support in the short term, with evident short-term bull-bear competition. Investors who wish to participate in trading should pay close attention to key support and resistance levels, layout cautiously, and wait for clear breakout signals before acting.
Recently, the price of XRP (Ripple) has dropped below $2.080 and has begun a new round of decline, currently encountering resistance around $2.040, with a weak short-term trend.
The price has fallen below the support level of $2.050 and the 100-hour simple moving average. Technical charts show that a descending trend line has formed on the XRP/USD hourly chart, further limiting the price rebound potential. If bulls cannot break through the $2.040 resistance, short-term gains may be hindered.
The support level below is at $2.00, and if it breaks, this decline could continue to expand. In short, XRP is currently in a short-term downward trend, and investors should pay attention to the $2.040 resistance and $2.00 support, waiting for a clear direction before taking action.
Recently, Dogecoin (DOGE) price has fallen below $0.1420, starting a new round of decline. In the short term, DOGE is consolidating its losses, but it may face resistance around $0.1440, making it difficult for bulls to break through.
Currently, the price of Dogecoin is below the $0.1420 support level and also below the 100-hour simple moving average, indicating a weak short-term market. On the technical chart, the DOGE/USD hourly chart has formed a descending trend line, with resistance at $0.1440. This means that as long as the price fails to break through this resistance, bulls will struggle to counterattack, and bears may continue to suppress the price.
If Dogecoin continues to stay below the $0.1420 to $0.1440 range, the downward trend may further expand, and the lower support level needs to be closely monitored. Short-term investors can observe whether the price can hold around $0.1380; if it fails, the price may continue to probe down to $0.1350 or lower.
Overall, Dogecoin is currently in a short-term downtrend, with the price oscillating between key resistance and support levels. Investors need to pay attention to the $0.1420 support and $0.1440 resistance, waiting for the market to clarify its direction before considering action.
In summary: DOGE is weak in the short term; breaking support may lead to further declines, while breaking resistance may provide a rebound opportunity. At this stage, focus on support and resistance, and remain cautious.
In the past 24 hours, Dogecoin (DOGE) has slightly increased by 0.69%, with a price of approximately $0.1405, still oscillating within the recent weeks' range of $0.13 to $0.15. During the trading period, the DOGE price fluctuated between $0.1382 and $0.1408, indicating that despite the macroeconomic environment's preference, market activity remains low.
The trading volume was about 651700000 tokens, 7% higher than the average level of the past seven days, suggesting that market participants tend to accumulate positions gradually rather than hoarding large amounts. Recently, Dogecoin has attempted multiple times to break through the resistance level of $0.1425 to $0.1430 without success, but bulls have maintained the support at $0.1380, forming a solid short-term bottom.
From a technical perspective, DOGE is currently in a compression consolidation phase, with momentum indicators remaining neutral, as the market is more in a range-bound oscillation rather than showing a clear trend. The overall structure resembles a triangle flag or volatility coil, suggesting that the next significant price movement is more likely to come from a breakout or breakdown of key ranges rather than a slow drift.
In summary, DOGE has clear support near the $0.1380 support level, and to push upwards to the upper range of $0.15 in the short term, it still needs to break above the resistance. Until then, each upward attempt may encounter selling pressure.
Overall, Dogecoin is currently in a range-bound and poised state, and investors should pay attention to support and resistance levels, waiting for clear breakout signals before taking action.
Ethereum (ETH) has been active recently, currently stabilizing above $3150 and preparing for a new round of increases. In the short term, ETH is consolidating, and if the bulls continue to push, there is a chance to break through $3350, starting a new upward trend.
Looking back at recent movements, Ethereum has retraced from a high of $3450, and the current price remains above $3200 and the 100-hour simple moving average, indicating that bullish strength still dominates the market. Technically, a new upward trend line has formed on the ETH/USD hourly chart, with support around $3180, meaning as long as the price holds this support, there is still room for further increases.
Of course, investors also need to be aware of the risks. If the price falls below the $3150 support area, it may continue to dip in the short term. Key support levels below are around $3180 and $3150, and if broken, short-term retracement pressure will increase.
Currently, technical indicators show that Ethereum overall still leans toward the bulls. In simple terms, if support holds → prospects for an increase, if support is lost → potential for a retracement. For newcomers in the cryptocurrency space, this can be understood as: Ethereum is consolidating in a key support range, with bulls waiting for the next breakout opportunity.
Overall, ETH presents both opportunities and risks in the short term: short-term investors can focus on the $3150–$3180 support area, and breaking through the $3350 resistance would mean the upward trend may continue. Long-term investors can watch the overall upward trend line and patiently wait for opportunities for steady price increases.
In summary: If Ethereum holds the support, there is an opportunity for an increase; if it breaks the support, caution is needed for a short-term retracement.
The current price of Bitcoin is stable at over 90,000 USD, with support levels relatively stable. In the short term, it may continue to rise and even has the opportunity to break through the resistance level of 94,000 USD.
Recently, Bitcoin has pulled back slightly from around 94,500 USD, but the current price is still above 92,000 USD and has also stabilized above the 100-hour moving average. This indicates that the overall trend remains bullish, and there is not much downward pressure in the short term.
From the chart, there is a bearish trend line on the BTC/USD hourly chart, with resistance around 92,950 USD. If Bitcoin can hold steady around 93,500 USD, this resistance line is likely to be broken, and the market could enter a new round of upward movement.
In simple terms: 90,000 USD support holds steady → Short-term rise is likely; breaking 94,000 USD → Greater upward potential. The current trend is still worth monitoring. If the price maintains key support, investors can look forward to the next wave of increases.
According to CoinMarketCap data, PENGU has fallen by 11% in the past 24 hours, becoming the biggest loser among the top 100 cryptocurrencies. This rapid decline typically suggests that prices may continue to weaken, but market sentiment also indicates that bulls could enter at any time, allowing for a short-term rebound opportunity.
Why the drop? The primary reason is the significant pressure in the derivatives market. The open interest for PENGU (the amount of money being bet) evaporated by 19% in one day, equivalent to 15.4 million dollars leaving the market. The outflow of funds combined with the price drop usually indicates that the market is starting to turn more bearish.
At the same time, about 1 million dollars worth of long positions have been liquidated in recent days, indicating that many investors betting on price increases have been shaken out. The recent long-short liquidation ratio is also quite evident: for every 1.1 dollars of shorts that were liquidated, there were 9.9 dollars of longs that were liquidated, showing that the pressure on the longs is significantly greater.
However, the market is not entirely bearish. In fact, several bullish signals have emerged.
The most obvious is Binance. Binance is the exchange holding the most PENGU derivatives, with an open interest of up to 22.7 million dollars. Moreover, Binance's long-short ratio is at 1.6, indicating that buying power outweighs selling power, reflecting stronger bullish sentiment.
Additionally, the financing rate in the derivatives market has turned positive (0.0082%), suggesting that more people are willing to pay interest to go long, which is typically a bullish market signal.
There is also capital inflow in the spot market. In the past 48 hours, approximately 2.26 million dollars have been used to buy PENGU. On December 10 alone, the net purchase was 1.76 million dollars. And as of today, about 500,000 dollars have been bought so far, with buying pressure continuing to increase.
Solana's recent performance can be described as "steady yet fierce." It has been the highest trading volume among all decentralized exchange chains (DEX chains) for 16 consecutive weeks, with trading volume even twice that of Ethereum. Since the beginning of this year, funds have continuously flowed into Solana, with a total amount exceeding 634 million USD, indicating that more and more users and projects are migrating to the Solana ecosystem.
This enthusiasm continues. Coinbase has just launched its own Solana DEX trading platform, allowing users to directly swap SOL and USDC on-chain, which is expected to further boost Solana's trading volume and benefit the ecosystem.
On the institutional side, Solana-related ETFs have also performed well, with continuous capital inflows for several days, and the market sentiment is generally bullish. Some analysts even believe that SOL has the opportunity to challenge 400 USD in the future (of course, this is a relatively optimistic expectation).
In terms of price trends, SOL has recently been pressured by the resistance level of 144 USD, with multiple attempts to break through failing. If it still cannot break through in the short term, the price may see a correction before Christmas, and then look for opportunities to challenge higher levels.
Currently, the most critical factor is a "demand support zone" on the chart. If SOL can hold this area → the bullish trend can continue If it breaks below this support → the current upward structure may fail, and short-term trends may weaken
In simple terms: Solana's fundamentals are strong, with continuous capital inflows, but whether it can continue to rise in the short term depends on whether it can hold important support before challenging the resistance level of 144 USD.
Dogecoin has recently dropped by 5%, but the price remains stable at around 0.13 USD. This decline is mainly influenced by the overall cryptocurrency market: the entire market has fallen by about 2.3% in the past 24 hours, with a cumulative decline of nearly 14% this month. The Federal Reserve's third interest rate cut this year was expected to be beneficial for the market, but instead, it has made investors more uncertain, compounded by a sharp decline in tech stocks and the liquidation of $166 million worth of Bitcoin longs, leading to poor market sentiment.
However, the technical aspect of Dogecoin has not completely deteriorated.
Analysts point out that DOGE is currently sitting on a key support level, which is the bottom of a symmetrical triangle pattern. If this support holds, it may welcome a decent rebound, with a chance to push towards 0.20 USD.
From the weekly chart perspective, the price remains stable at a critical position, rekindling hopes for many about whether "Dogecoin can rise to 1 USD" in the future. Some analysts even believe that if the trend fully unfolds, Dogecoin could rise by as much as 600%, though this is a rather optimistic expectation.
In the short term, the key point for DOGE is at the support level of 0.13 USD. If it breaks below, the next target might be 0.1250 USD; if it stabilizes or even rebounds, the next resistance to break through lies in the range of 0.14 to 0.15 USD—breaking through here would truly provide an opportunity to enter an upward trend.
Currently, the performance indicates: RSI at 51: market sentiment is normal, neither bullish nor bearish. MACD has shown a bearish signal: short-term pressure may still be present.
In simple terms: Hold above 0.13, a bright future is still possible; break below 0.13, caution is needed in the short term.