📰 Bounty Watch · Morning News · 08-24 Monday
Major coins are mixed today. BTC is up 0.30% to $77,259, while ETH is up 0.80% to $2,436. However, SOL is down 1.70% to $94.08, and the overall market remains weak and range-bound.
What’s most interesting today is the volatility in smaller-cap coins. MORPHO surged 19.0% to $2.71 and LIT jumped 14.9% to $3.64. Both have made the trending search list, suggesting that capital is digging into low-market-cap targets. CASHCAT is even more outrageous—its price rocketed 24.3% in 24 hours to $0.1495. Once these meme/shitcoins get going, they’re easy to become “bag-holder killers,” so retail investors should be careful about chasing price. On the other hand, there are also sell-offs on the losers list: B is down 9.8% and BTW is down 7.5%, indicating the market is readjusting its asset allocation.
Other notable points:
DRV is up 21.6% in 24 hours to $0.1392. Trading volume is there, but it needs monitoring to see whether the move can continue.
GRASS is up 14.4% to $0.3466. It ranks on the trending search list as well. Short-term follow-through is possible, but the risk remains high.
Bitget CEO said that Bitcoin may be around year-end at or near its current price. This suggests institutions are not particularly optimistic about the outlook, which could act as a factor weighing on large-cap coins.
🐋 Whale group yesterday (exclusive)
• WinterMute (market maker) account: +$6.65M (+12.4%)
• GarretBullish account: -$1.17M (-3.9%)
• 24h channels: Whales 109 / Orange Alert 1
⚠️ For research only and does not constitute investment advice
Major coins are mixed today. BTC is up 0.30% to $77,259, while ETH is up 0.80% to $2,436. However, SOL is down 1.70% to $94.08, and the overall market remains weak and range-bound.
What’s most interesting today is the volatility in smaller-cap coins. MORPHO surged 19.0% to $2.71 and LIT jumped 14.9% to $3.64. Both have made the trending search list, suggesting that capital is digging into low-market-cap targets. CASHCAT is even more outrageous—its price rocketed 24.3% in 24 hours to $0.1495. Once these meme/shitcoins get going, they’re easy to become “bag-holder killers,” so retail investors should be careful about chasing price. On the other hand, there are also sell-offs on the losers list: B is down 9.8% and BTW is down 7.5%, indicating the market is readjusting its asset allocation.
Other notable points:
DRV is up 21.6% in 24 hours to $0.1392. Trading volume is there, but it needs monitoring to see whether the move can continue.
GRASS is up 14.4% to $0.3466. It ranks on the trending search list as well. Short-term follow-through is possible, but the risk remains high.
Bitget CEO said that Bitcoin may be around year-end at or near its current price. This suggests institutions are not particularly optimistic about the outlook, which could act as a factor weighing on large-cap coins.
🐋 Whale group yesterday (exclusive)
• WinterMute (market maker) account: +$6.65M (+12.4%)
• GarretBullish account: -$1.17M (-3.9%)
• 24h channels: Whales 109 / Orange Alert 1
⚠️ For research only and does not constitute investment advice