Bitcoin struggles near $87K after US investors triggered aggressive selling, pushing Coinbase premium to monthly lows. Long-term holders counter bearish pressure by accumulating 10,700 BTC, signaling conviction at current levels. Price action compresses between $85K-$90K as institutional clarity from OCC battles immediate selling pressure.
Pi Network’s native token PI has shed 19% over the past week, tumbling from $0.25 to $0.202 as the market shrugged off news of decentralized exchange development and gaming partnerships. The devastating drop erased November’s gains entirely, with the token now trading 71% below its yearly high. The main question for traders is: can bulls defend the critical $0.193 support level that’s already been tested twice this week, or will selling pressure from disappointed DEX speculators push price toward new lows?
HBAR Tests Critical Support at $0.11 as Sellers Dominate December Trading. Market Structure Shifts Lower. Price dropped 22.7% over the past month, erasing November gains. Momentum indicators flash oversold signals not seen since August. Support at $0.107 faces sixth test since October – bulls defend narrowly.
Dogecoin’s price action paints a stark picture for traders as the meme coin collapsed 16.32% over the past month, with the weekly candle closing at $0.1256 after testing monthly lows near $0.12. The move wiped out nearly half of the year’s remaining value, leaving DOGE down 61.2% from January levels. Despite the Coinbase futures announcement attempting to inject institutional credibility into the market structure, sellers overwhelmed any positive sentiment, pushing price through multiple support levels. The main question for traders is: can bulls hold the line at current levels, or will the psychological $0.10 mark come into play?
XDC Network continues to defy gravity with a 95% surge in users despite a 27% price drop. The market structure is shifting higher, with XDC trading at $0.052. Support at $0.0495 has been tested six times since June, while RSI rebounds from oversold territory. Will fundamental strength lead to a price recovery?
Toncoin has endured a devastating drop over the past month, shedding 37.9% as the broader crypto market pullback combined with TON-specific concerns to trigger aggressive selling. The token now trades at $1.675, having tumbled from above $2.70 just weeks ago – a move that erased nearly three months of gains in rapid fashion. Telegram’s NFT integration and new fiat infrastructure partnerships provided some positive news flow, but these developments couldn’t stem the bleeding as on-chain metrics revealed deeper structural damage beneath the surface price action. The main question for traders is: has TON found a floor at current levels, or will the technical breakdown extend toward the $1.42 monthly low?
Story (IP) has suffered a devastating drop of 40.04% over the past month, tumbling from December highs near $2.58 to test critical support at $1.551. The collapse accelerated after broader market liquidations unleashed $112M in forced selling across crypto, with Story caught in the crossfire as risk appetite evaporated. The main question for traders is: can bulls defend the $1.55 floor, or will the breakdown continue toward sub-$1 territory?
Theta Network tests critical support as legal turmoil meets technical oversold signals. Market structure shifts lower with THETA dropping to $0.275, losing 25.5% this month. RSI plunges to 36.86, hitting first oversold reading since August washout. Bulls defend further downside at $0.254 support level.
Walrus (WAL) drops 25.16% monthly despite $140M mainnet funding, market structure shifts lower. Technical indicators flash oversold, RSI at 34.82 daily. Support at $0.116 tested repeatedly. Prediction market partnership news provides minimal relief. Traders wonder if heavily oversold conditions and ecosystem developments will provide a floor or if WAL needs to drop lower.
Helium plunges 32% despite Brazilian expansion as DePIN reality check hits hard. Market structure shifts lower, HNT crashes through support levels, wiping out six months of gains. Brazilian news fails to halt the bleeding as token trades at yearly lows, major moving averages now resistance. Former high-flyer Helium faces technical breakdown after devastating collapse.