Currently, BTC is oscillating in the range of $102,500 to $104,000, repeatedly rebounding after touching the lower support, but with gradually decreasing highs, warranting caution about downside risks. If $102,500 fails to hold, it may accelerate downward to just over $100,000. Affected by the weekend, trading volume is low, and the overall trend is weak, making it advisable to observe in the short term. BTC's sideways movement is favorable for Altcoins' performance.
On the other hand, MEME coins on the BSC chain collectively rose today, driving BNB stronger, which is a positive signal. Meanwhile, participating in Alpha projects not only completes tasks but also generates profits, truly killing two birds with one stone.
DOGE
Doge surged strongly in the past 24 hours, becoming one of the most outstanding crypto assets in market cap and trading volume. The price briefly peaked at $0.2126, currently trading between $0.206 and $0.209, with a market cap of $31.2 billion, a 24-hour trading volume of $6.38 billion, and a rise of approximately 7.79%, climbing to the 8th position in crypto asset market cap.
This rise was accompanied by over $800 million in short liquidations, with major exchanges clearing $500 million. Factors driving the market include China's positive signals in trade negotiations boosting market sentiment, DOGE's technical formation approaching a breakthrough of the descending wedge, and rising open interest, collectively supporting a short-term bullish trend.
SHIB
SHIB's daily chart shows continuously rising highs and lows, presenting a clear upward trend, currently within an ascending channel. As the price rises, RSI simultaneously increases, strengthening bullish market sentiment. If momentum continues, SHIB is expected to accelerate to $0.000019 based on the 0.618 Fibonacci retracement level.
If the overall market continues to warm up and successfully breaks the key resistance of $0.000022, the price may further explore $0.000025. However, if bulls lose strength and the trend reverses, the price might fall to $0.000010, accompanied by a decline in trading volume and market cap.
UNI
Don't rush to give up on UNI; its potential is far from being fully realized.
The modular Hooks mechanism introduced in Uniswap V4 upgrades decentralized exchanges from traditional liquidity pools to a programmable DeFi ecosystem platform, reshaping AMM logic, akin to transforming an exchange into a financial operating system.
With stable VC layout and increasingly mature governance structure, once protocol revenue is deeply linked to UNI, it will enter a new phase as a financial application token. The current downturn is not weakness but a deliberate market cooling to create opportunities for smart money.
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