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Bitcoin Market on Edge: Will Long Position Spike Trigger a Further Decline?

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  • Bitcoin dropped 12% to $82K, then rebounded to $86,441, with a market cap of $1.72T.
  • Long positions on Bitfinex surged, raising liquidation risks.
  • Bitcoin reached key support levels and needs to reclaim $90K for bullish momentum.
  • If resistance holds, BTC may stay in the $80K-$90K range.

Bitcoin (BTC) has experienced significant turbulence over the past week, plunging 12% to a low of $82,000 before staging a sharp rebound. Despite the decline, BTC has shown resilience, quickly bouncing back to its current price of $86,441. The cryptocurrency’s 24-hour trading volume stands at $130.67 billion, with a market capitalization of $1.72 trillion.

BTC 1D graph coinmarketcap 4
Bitcoin Market on Edge: Will Long Position Spike Trigger a Further Decline? 4

With BTC facing heightened volatility, traders are now watching key technical levels to determine whether the market has found a bottom or if further downside is on the horizon.

Bitfinex Long Positions Spike, A Warning Sign?

A familiar pattern is emerging on Bitfinex, where long positions tend to rise sharply during price declines, often leading to increased liquidations. Currently, long positions on the exchange have surged by 5,100 BTC, while short positions have only increased by 1,000 BTC. This imbalance suggests that large investors (whales) could be strategically selling into the market, increasing the risk of further downside.

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Bitcoin Market on Edge: Will Long Position Spike Trigger a Further Decline? 5

If this trend continues, BTC may face additional downward pressure as long positions get squeezed. However, if the market stabilizes, Bitcoin could establish a local bottom, paving the way for a potential recovery.

Can Bitcoin Reclaim $90K and Reverse the Downtrend?

According to crypto analyst Daan Crypto Trades, Bitcoin has reached a critical support level after losing the $90K range low. The price has now tapped the golden Fibonacci retracement level, as well as the Daily 200MA/EMA, a historically significant indicator of market trends.

For BTC to regain bullish momentum, it must reclaim the $90K level. A successful retest of this zone could signal the start of a recovery. However, if resistance holds, Bitcoin may continue to trade within a range between $80K and $90K in the near term.

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Bitcoin Market on Edge: Will Long Position Spike Trigger a Further Decline? 6

With uncertainty still looming, traders and investors will be closely monitoring BTC’s movements. Will Bitcoin reclaim $90K and spark a rally, or will further selling pressure drive the price lower? The coming days will be crucial in determining the next phase of the market.

Read More : Solana Crashes To $131, Hits Five-Month Low Post-LIBRA Scandal

Solana (SOL) Faces Steep Decline: Transfer Volume Plummets, But $500 Potential Remains

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  • Solana (SOL) has dropped significantly, with transfer volume falling from $1.99 billion in November 2024 to $14.57 million.
  • SOL is down 56% from its all-time high, testing key support levels between $140-$120, with further risk if it falls below $115.
  • Despite recent volatility, experts remain optimistic, with predictions of Solana reaching $500 or more in the next altseason.

Solana (SOL), a prominent player in the cryptocurrency world, has recently been hit hard by significant volatility, seeing a sharp decline in its value. The sudden downturn can be largely attributed to a broader market sell-off that triggered widespread fear among investors, sending altcoins, including Solana, into a downward spiral.

According to crypto market expert Ali Martinez, Solana’s transfer volume has dramatically decreased, falling from a robust $1.99 billion in November 2024 to a mere $14.57 million today. This sharp decline signals a stark reduction in network activity, which typically correlates with diminished investor confidence and market uncertainty.

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Solana (SOL) Faces Steep Decline: Transfer Volume Plummets, But $500 Potential Remains 10

Currently, Solana’s price stands at $137.15, reflecting a minor 0.11% decrease in the last 24 hours. The cryptocurrency’s 24-hour trading volume is $11.75 billion, with a market capitalization of $66.72 billion. Despite these substantial numbers, the prevailing market sentiment is one of caution and hesitation, with many investors waiting for signs of stability before committing further funds.

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Solana (SOL) Faces Steep Decline: Transfer Volume Plummets, But $500 Potential Remains 11

Solana’s Crucial Support Level Test

In light of Solana’s recent performance, crypto expert Crypto Patel provided an important technical update. Patel noted that SOL is currently down by an alarming 56% from its all-time high (ATH) in just 40 days. This sharp decline has led to liquidations for many traders, particularly those who were over-leveraged. Patel emphasized the importance of sound risk management practices to mitigate such risks during times of heightened volatility.

From a technical standpoint, SOL is now testing a crucial retest zone after its breakout. This phase is critical, as it will determine whether SOL can hold its support levels and avoid further losses. According to Patel, potential re-entry levels for SOL are between $140 and $120, but caution is advised. If the price falls below $115, Solana could experience a further bearish trend, with potential drops to the $100-$70 range.

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Solana (SOL) Faces Steep Decline: Transfer Volume Plummets, But $500 Potential Remains 12

Despite these challenges, Patel remains optimistic about Solana’s long-term potential, predicting that the altcoin could reach $500 or more during the next altseason. However, the path ahead remains uncertain, and as always, investors are encouraged to conduct thorough research (DYOR) before making any investment decisions in the high-risk world of cryptocurrency.

With the crypto market facing increasing turbulence, SOL’s performance will undoubtedly be one to watch in the coming weeks. While the short-term outlook appears uncertain, the cryptocurrency community remains hopeful for a recovery as market conditions stabilize.

Read More : Bitcoin ETFs See Record $935M Outflows Amid Market Sell-Off  

Bitcoin at Crossroads, Key Support at $71,970 and Resistance at $90,000 in Focus

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  • Bitcoin (BTC) dropped sharply, wiping out $150 billion from the crypto market.
  • BTC must reclaim $90,000 to confirm a potential market bottom.
  • Key support levels at $71,970 could come into play if weakness persists.
  • Traders brace for volatility as Bitcoin hovers near critical price zones.

Bitcoin (BTC) took a sharp downturn in the last 24 hours, wiping out $150 billion from the total cryptocurrency market capitalization. The leading digital asset is currently retesting key support levels amid heightened market uncertainty, raising speculation about a potential reversal.

At the time of writing, Bitcoin is trading at $87,155, reflecting a 1.89% decline in the past day. Its 24-hour trading volume stands at $73.81 billion, while its market capitalization has shrunk to $1.73 trillion, maintaining a 59.25% market dominance.

BTC 1M graph coinmarketcap
Bitcoin at Crossroads, Key Support at $71,970 and Resistance at $90,000 in Focus 16

Bitcoin Key Support Levels Hold the Spotlight

The recent sell-off has brought Bitcoin dangerously close to crucial technical levels. Market participants are closely watching for a weekly close above $90,000, which could confirm a market bottom and signal the end of the ongoing correction. However, failure to hold above this level may expose BTC to deeper retracements.

Crypto expert Ali Martinez has drawn attention to Bitcoin’s resemblance to its 2021 market cycle, warning that the current price action could lead to a prolonged period of consolidation before the next downward move.

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Bitcoin at Crossroads, Key Support at $71,970 and Resistance at $90,000 in Focus 17

Critical On-Chain Levels to Watch

Martinez further pointed out that the Short-Term Holder Cost Basis stands at $92,835, a pivotal level for BTC’s price structure. If Bitcoin fails to reclaim this zone, the next major support rests at the Low-Band level of $71,970, marking a potential downside target.

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Bitcoin at Crossroads, Key Support at $71,970 and Resistance at $90,000 in Focus 18

With BTC at a crossroads, traders are bracing for high volatility. A decisive bounce from current levels could reignite bullish momentum, while continued weakness may lead to an extended correction phase. For now, all eyes remain on $90,000, as its reclaim could serve as a crucial turning point for the market.

Read More : Ripple Unveils Bold Plan for XRPL Programmability: Smart Features

Sui (SUI) Holds Strong Amid Market Turmoil, Eyes Bullish Breakout

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  • Unlike many altcoins, SUI has minimized losses and quickly rebounded from $2.64.
  • The $2.66 level remains strong, preventing further declines for now.
  • A move above $3.49 could signal a bullish reversal, with $3.90 confirming an uptrend.
  • Holding the 200-day MA and forming a higher low suggest SUI may be gearing up for a rally.

The cryptocurrency market has been experiencing extreme volatility, with Bitcoin facing a sharp decline and major altcoins suffering significant losses. However, SUI has shown remarkable resilience, managing to withstand the bearish pressure better than most.

While SUI did experience a slight downturn, its losses were minimal compared to other altcoins. The token recently hit a low of $2.64 but quickly rebounded, signaling strong buying interest and an attempt to push toward higher price levels.

Currently, the token is trading at $2.96, reflecting a 0.57% decline in the past 24 hours. Despite this minor drop, the token maintains a market capitalization of $6.91 billion and a 24-hour trading volume of $4.40 billion. These figures suggest that investors are still actively trading the token despite the market turbulence.

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Sui (SUI) Holds Strong Amid Market Turmoil, Eyes Bullish Breakout 22

SUI Critical Support and Resistance Levels

According to More Crypto Online analysis, SUI continues to hold above the $2.66 support level, maintaining a sideways trading pattern. This level has proven to be a strong floor for the asset, preventing further declines for now. However, wave 2 is still developing, meaning there is no definitive confirmation that the token has reached a bottom.

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Sui (SUI) Holds Strong Amid Market Turmoil, Eyes Bullish Breakout 23

A break above $3.49 could serve as an early indication of a bullish reversal, while a move beyond $3.90 would provide stronger confirmation that the token has exited the correction phase. On the downside, if $2.66 fails to hold, the next significant support level to watch is $1.99.

SUI’s Market Outlook: Poised for a Breakout?

Crypto market expert Captain Faibik highlighted that SUI’s price action remains strong on the daily chart. The token has partially filled the February 3 wick, formed a higher low, and successfully held the 200-day moving average (MA), reinforcing its bullish momentum.

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Sui (SUI) Holds Strong Amid Market Turmoil, Eyes Bullish Breakout 24

These bullish signals suggest that with continued consolidation between $2.50 and $3.50, SUI could be gearing up for its next major upward move.

As the broader market stabilizes, traders are closely watching whether SUI can break key resistance levels and confirm a new bullish trend. If momentum continues, the token could be on track for a significant rally, making it a key asset to watch in the coming days.

Read More: VeChain’s Dynamic VTHO Model Slashes Inflation by 72.2%

Whales Accumulate HYPE With Millions in USDC Despite Bearish Trend

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  • HYPE drops 8.50% as altcoins face heavy selling pressure amid market volatility.
  • Bitcoin slips below $90K, adding pressure to the broader crypto market.
  • Bybit hack shakes market after $1.4 billion in crypto is stolen, fueling sell-off fears.
  • Whales accumulate HYPE with millions in USDC deposits despite the bearish trend.

The cryptocurrency market is facing intense volatility, with HYPE experiencing a sharp decline as broader altcoin prices tumble. The downturn comes in the wake of a massive cybersecurity breach at the Bybit exchange, where hackers reportedly stole over $1.4 billion in digital assets, primarily Ethereum (ETH). This has triggered widespread fear of a potential sell-off, adding to the already fragile market sentiment.

Bitcoin (BTC) has also suffered a steep decline, slipping below $90,000, which has further pressured altcoins. The cascading effect has led to significant losses across the market, with Hyperliquid among the tokens facing heavy selling pressure.

Currently, the token is trading at $19.74, with a 24-hour trading volume of $204.76 million and a market cap of $6.59 billion, reflecting an 8.50% drop in the past day.

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Whales Accumulate HYPE With Millions in USDC Despite Bearish Trend 28

Interestingly, despite the bearish market conditions, the token has recorded its highest weekly trading volume against Binance perpetual contracts. Data shows that Binance accounts for 83.6% of the trading volume, while Hyperliquid holds 16.4%, sparking speculation about a potential “bullish dump” scenario.

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Whales Accumulate HYPE With Millions in USDC Despite Bearish Trend 29

Whales Accumulate HYPE Despite Market Volatility

Amid this volatility, on-chain data suggests that large investors are accumulating the token. Lookonchain data reveals that multiple whale wallets have made significant purchases.

A wallet (0x9f70…DB0D) deposited $5 million USDC into Hyperliquid just 15 hours ago to buy HYPE, while another (0x8AD6…f23D) added $2.07 million USDC in the past 24 hours. Additionally, a third wallet (0x48F1…359c) deposited $1.35 million USDC just 8 hours ago.

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Whales Accumulate HYPE With Millions in USDC Despite Bearish Trend 30

While market sentiment remains shaky, whale activity suggests growing confidence in the token’s long-term potential. Whether this accumulation leads to a price rebound or further declines remains to be seen, but the coming days will be crucial for the token and the broader crypto market.

Read More: Is Bitcoin’s $85K Support About to Crack? The Bulls vs. Bears Battle

Bitcoin (BTC) Plunges 8%, Key Support Levels to Watch as Volatility Spikes

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  • Bitcoin drops 8%, trading at $86,943 amid increased market volatility.
  • Network activity declines as new Bitcoin addresses hit their lowest level since July 2024.
  • BTC tests the 1-day 200 EMA, a key support level that could trigger a short-term bounce.
  • Losing the $85,700–$84,900 range may push Bitcoin toward $80,000 or lower.

Bitcoin (BTC) is facing a sharp downturn, plunging 8% in the past 24 hours as market volatility intensifies. As of today, BTC is trading at $86,943, with a 24-hour trading volume of $110.43 billion and a market capitalization of $1.72 trillion. The sudden drop has raised investor concerns, as technical indicators hint at further potential downside.

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Bitcoin (BTC) Plunges 8%, Key Support Levels to Watch as Volatility Spikes 34

Bitcoin Network Activity Declines

Adding to bearish sentiment, on-chain data shows a significant decline in Bitcoin network activity. Ali Martinez, a well-known crypto expert, pointed out that the number of new Bitcoin addresses created daily has dropped to 240,534, marking the lowest level since July 2024. This decrease in network adoption suggests weakening demand, a factor that has historically correlated with declining prices.

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Bitcoin (BTC) Plunges 8%, Key Support Levels to Watch as Volatility Spikes 35

At the same time, BTC has touched a key multi-timeframe (MTF) support level, the 1-day 200 EMA. This level has previously acted as strong dynamic support, meaning it could trigger a short-term relief rally (dead cat bounce). If BTC rebounds, it may attempt to retest the $92,500 resistance zone before determining its next direction.

Key Support and Resistance Levels for BTC

If BTC fails to hold the $85,700–$84,900 range, further downside could be expected. The next key support zones include the $80,000–$82,000 range, which may act as a potential bounce area if selling pressure persists. Below that, the $74,000 high-timeframe (HTF) level stands as a critical support, potentially shaping Bitcoin’s long-term price trajectory.

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Bitcoin (BTC) Plunges 8%, Key Support Levels to Watch as Volatility Spikes 36

On the other hand, if bulls manage to reclaim $93,700 as support, Bitcoin could regain strength and push higher. However, failure to hold above key levels may lead to continued selling pressure, with the 200-day EMA acting as a decisive battleground for BTC’s next move.

Will Bitcoin Recover or Drop Further?

With increasing volatility and declining network engagement, BTC’s next move remains uncertain. If BTC finds strong buying interest at its current support levels, a relief rally could be on the horizon. However, if bearish momentum persists, BTC may slide toward lower demand zones, with $74,000 being the ultimate critical support.

As market uncertainty grows, traders and investors are closely watching BTC’s price action. The next few trading sessions will be crucial in determining whether BTC stabilizes or extends its bearish trajectory. Stay tuned for more updates as BTC navigates this volatile phase.

Read More: XRP Lawsuit: Lawyer Highlights SEC’s Settlement Delay Reasons

SEI Surges 24% in a Week, Breaks Key Resistance – Eyes 60% to 70% Surge

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  • SEI surges 24% in a week, outperforming the broader crypto market.
  • Breaks major trendline resistance, signaling a potential strong rally.
  • Rising trading volume supports bullish momentum and investor confidence.
  • Eyes set on next resistance levels as SEI aims for further gains.

While the broader crypto market remains in a turbulent phase, SEI is breaking away from the trend, showcasing remarkable strength. Over the past week, the token has surged nearly 24%, outpacing most major cryptocurrencies and gaining investor confidence. With bullish momentum building, analysts are now eyeing the potential for further gains in the coming days.

SEI Price Surges Despite Market Downturn

At the time of writing, SEI is trading at $0.282345, with a 24-hour trading volume of $527.82 million and a market cap of $1.25 billion, giving it a market dominance of 0.04%. While many assets have struggled to hold key support levels, the token has maintained its bullish structure, recording a 1.08% increase in the past 24 hours.

SEI 1D graph coinmarketcap 1
Source: CoinMarketcap

This resilience highlights the token’s growing demand, as it continues to attract both retail and institutional interest. Investors are now watching closely to see if the token can sustain its breakout and push toward new highs.

SEI Surges Past Resistance, 60-70% Rally in Sight

SEI has recently broken a major trendline resistance on the daily timeframe, signaling the start of a potentially explosive rally. The breakout has been accompanied by increasing trading volume, further validating the strength of the move.

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SEI Surges 24% in a Week, Breaks Key Resistance – Eyes 60% to 70% Surge 39

With the token now trading above key resistance levels, market observers anticipate a potential 60-70% rally in the near future. If the momentum continues, the token could soon challenge its next resistance zones, potentially setting a new local high.

Can SEI Maintain Its Uptrend?

The coming days will be crucial for SEI’s price trajectory. If the token sustains its bullish momentum, it could continue to outperform the market and solidify itself as one of the strongest gainers in the current cycle.

With strong technical indicators and rising investor interest, the token is now in the spotlight as traders anticipate its next major move. If the breakout holds, a significant rally could be on the horizon.

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Floki Inu Holds Key Support as BinanceUS Relisting Fuels Recovery Hopes

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  • Floki Inu drops 35% in a month but secures a major exchange relisting
  • BinanceUS reintroduces FLOKI/USD trading, boosting liquidity and adoption
  • FLOKI holds key support, keeping its long-term bullish outlook intact
  • Breakout potential remains as FLOKI eyes a move toward $0.00005

Floki Inu (FLOKI) has been caught in a wave of market turbulence, experiencing a significant 35% decline over the past 30 days. The meme coin’s price movement reflects broader market volatility, putting pressure on its long-term bullish outlook. However, amidst the downturn, FLOKI has secured a major milestone that could boost its adoption and liquidity.

At the time of writing, Floki Inu (FLOKI) is trading at $0.00008874, with a 24-hour trading volume of $111.03 million. Its market cap stands at $848.18 million. Over the last 24 hours, the token has dropped 5.69%, reflecting continued selling pressure in the meme coin sector.

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Floki Inu Holds Key Support as BinanceUS Relisting Fuels Recovery Hopes 43

Despite these setbacks, Floki Inu remains in the spotlight due to a significant exchange listing update that could influence its next major price move.

BinanceUS Relists FLOKI/USD Trading Pair

In a huge boost for Floki Inu’s adoption, BinanceUS has reintroduced direct USD trading for FLOKI. This listing places FLOKI among a select group of only 31 assets that have a USD trading pair on the exchange, joining the ranks of BNB, ADA, BONK, and DOGE.

This move enhances FLOKI’s liquidity and accessibility, particularly for U.S. traders looking to invest in the meme coin without relying on stablecoin pairs. The relisting aligns with Floki’s broader strategy to push for mainstream adoption and strengthen its presence in the global crypto market.

FLOKI Respects Trendline, Breakout to ATHs Possible

Despite its recent decline, technical indicators suggest FLOKI is still respecting its rising trendline. Holding the key support level is crucial for maintaining its long-term uptrend. If the price sustains above this level and gains momentum, a breakout to new all-time highs (ATHs) in 2025 could be in play.

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Floki Inu Holds Key Support as BinanceUS Relisting Fuels Recovery Hopes 44

Crypto market experts also highlight that FLOKI has broken out of a parallel channel, signaling a potential move toward $0.00005 in the near future. However, this scenario depends on broader market recovery and continued investor interest in meme coins.

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Floki Inu Holds Key Support as BinanceUS Relisting Fuels Recovery Hopes 45

Will FLOKI Recover or Face More Downside?

With FLOKI gaining renewed exchange support and maintaining critical technical levels, its next major price movement will depend on overall market sentiment. If Bitcoin and altcoins regain strength, FLOKI could capitalize on its BinanceUS listing and bullish setup to stage a strong comeback.

For now, traders and investors should closely watch key support and resistance levels, as well as broader market trends, to determine FLOKI’s next major price move.

Related Reading | Nasdaq Files For SEC Approval to List Canary HBAR ETF

Dogecoin (DOGE) Crashes to October Lows While a 400% Rally Looms

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  • Dogecoin has dropped nearly 12% in the past week, reflecting broader market struggles.
  • Network activity is at its lowest since October 2024, with whale transactions down to 66.
  • The current falling wedge pattern suggests a potential bullish breakout.
  • Previous falling wedge breakouts led to gains of 88%, 208%, and 445%.

Dogecoin (DOGE) is currently navigating through a rough phase, experiencing a significant decline in its value. Over the past week, the popular meme coin has seen a nearly 12% drop in price, mirroring the broader market turbulence that has gripped the cryptocurrency space. This downturn reflects the ongoing challenges faced by many digital assets, as they struggle to maintain momentum amidst market uncertainty.

As of today, Dogecoin’s network activity has slumped to its lowest levels since October 2024. The number of whale transactions has dwindled to just 66, while active daily addresses have fallen below 60,000. This decline in activity raises concerns over the token’s short-term prospects, signaling a lack of investor enthusiasm and participation.

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Dogecoin (DOGE) Crashes to October Lows While a 400% Rally Looms 49

At the time of writing, Dogecoin’s price is at $0.2319, with a 24-hour trading volume of $2.92 billion and a market capitalization of $34.26 billion. Its market dominance stands at 1.08%, and the price has dropped 5.21% in the last 24 hours alone.

DOGE 1D graph coinmarketcap 1
Dogecoin (DOGE) Crashes to October Lows While a 400% Rally Looms 50

Dogecoin’s Falling Wedge Signals Potential Rally

Despite these challenges, there’s a glimmer of hope for Dogecoin investors. Crypto analyst Trader Tardigrade recently pointed out that Dogecoin is nearing the completion of its fourth falling wedge pattern, a technical formation that has historically resulted in substantial price increases after breakout events. The falling wedge pattern is often seen as a bullish signal, indicating that the price may be poised for a reversal and a subsequent rally.

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Dogecoin (DOGE) Crashes to October Lows While a 400% Rally Looms 51

Looking back, Dogecoin has demonstrated impressive performance following previous falling wedge breakouts. The first breakout saw a remarkable 88% gain, while the second breakout resulted in a 208% surge. Most notably, the third falling wedge breakout led to an astonishing 445% price increase, offering hope that history may repeat itself.

With the current falling wedge approaching completion, many investors and market watchers are hopeful that DOGE could experience another breakout, potentially triggering a significant price pump in the near future. While the broader market remains volatile, this technical pattern provides a potential catalyst for Dogecoin’s next move.

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Bittensor (TAO) Breaks Key Resistance: Is $600 the Next Target?

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  1. Bittensor (TAO) breaks out of a falling wedge, reclaiming critical EMAs.
  2. Price nears major resistance, with a potential push to $600.
  3. Market sentiment remains bullish, with dips seen as buying opportunities.

Bittensor (TAO) has shown impressive resilience after a steep decline that stretched over several months. The asset reached an all-time high of $782 in April 2024 but failed to sustain momentum, leading to a correction that resulted in a lower high in December.

The sell-off extended into 2025, with Bittensor plunging to $237.97 on February 3. However, buyers stepped in, initiating a strong recovery that has since propelled the token back above $400.

The recent surge gained traction after TAO secured a listing on Coinbase, a move that significantly boosted market confidence. Alongside increased liquidity, technical indicators have turned bullish. Market observer Alex Clay pointed out that TAO has broken out of a falling wedge pattern on the daily chart, a structure often associated with trend reversals.

Additionally, the asset has successfully reclaimed key exponential moving averages (EMA 50 & EMA 100), signaling renewed strength. Currently, TAO is trading at $437.42 and hovering near a critical resistance level.

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Bittensor Traders Eye Further Upside Potential

With Bittensor showing signs of strength, market participants are closely monitoring its next move. X user Kings Charts believes the asset is forming an “Inverse Head and Shoulders” pattern, a bullish setup that could trigger a significant rally.

They expect TAO to target $600 in the near term if it breaks above the current resistance zone. Additionally, they view potential dips to $375 or $350 as ideal buying opportunities, indicating confidence in the asset’s long-term growth.

Renowned trader Michael van de Poppe also weighed in, revealing that TAO is part of his personal portfolio. While acknowledging the possibility of short-term consolidation, he remains bullish on its overall trajectory.

He stated that a minor retracement to the low $400s would be healthy, potentially setting the stage for further upside. His outlook aligns with broader market sentiment, where temporary corrections are seen as opportunities rather than warning signs.

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Resistance Holds the Key to the Next Move

TAO’s immediate challenge lies in overcoming the major resistance level it is currently testing. A successful breakout could trigger a strong continuation of its recovery, potentially pushing the price toward new highs. On the other hand, failure to clear this level may result in a short-term pullback before another attempt at upward movement.

With growing institutional interest and improving technical indicators, TAO appears well-positioned for further gains. The coming days will be crucial in determining whether the breakout holds or if another consolidation phase sets in before the next leg up.

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