๐ ๐ Weekly Market Overview
๐ Crypto markets remained largely range-bound, following Bitcoinโs late-August rebound.
โฟ Bitcoin struggled to break $80K, while mixed altcoin performance reflected widespread profit-taking.
๐ Meanwhile, capital rotated into selected altcoins, creating sharp pumps across several sectors.
๐ Weekly Winners
๐ฅ VeChain ($VET) โ Strongest Major Performer
๐ VET surged around 25%, breaking above $0.07 and extending its previous rally.
๐ Combined with last weekโs gains, VET has climbed more than 50% in roughly two weeks.
๐ RSI remains below the overbought zone, suggesting the rally may still have room to run.
๐ฏ Key level: A break above $0.08 could open the door to further upside, although profit-taking risk is increasing.
๐ฅ Rain ($RAIN) โ Momentum Meets Risk
๐ฅ $RAIN gained approximately 22%, marking its fourth consecutive weekly advance.
โ ๏ธ However, its weekly RSI has entered an overextended zone, increasing the risk of a short-term correction.
๐ฏ Potential target: $0.02, but traders should expect volatility rather than a straight-line rally.
๐ฅ Solana ($SOL) โ Bullish Divergence
๐ SOL jumped around 10%, building on its impressive previous-week rally.
๐ช Its continued strength versus other large-cap cryptocurrencies suggests Solana-specific momentum, not merely broad altcoin rotation.
๐ RSI has not yet reached extreme levels, keeping the bullish structure intact.
๐ฏ Key target: $110 remains an important near-term level to watch.
๐ Other Major Winners
๐ฅ PONS: +543%
๐ BTR: +540%
๐ INDEX: +327%
๐ Weekly Losers
๐ป Stable ($STABLE) โ $0.02 Becomes Critical
๐ $STABLE declined around 13%, falling below the $0.03 level.
โ ๏ธ RSI remains well above oversold territory, meaning additional downside is still possible.
๐ฏ Critical support: $0.02. A successful defense could trigger a rebound toward $0.03.
๐ป Arbitrum ($ARB) โ Key Support Under Pressure
๐ ARB dropped approximately 11% after its previous 37% weekly rally.
โ ๏ธ The token has fallen below $0.105, while RSI still leaves room for further weakness.
๐ฏ Major support: $0.07. Holding this zone could produce a short-term bounce, while a breakdown could accelerate selling.
๐ก Bitway ($BTW) โ Potential Accumulation Setup
๐ $BTW slipped only 3% after six consecutive weeks of gains.
๐ฅ Despite an extremely high RSI reading near 90, the shallow correction suggests buyers remain interested.
๐ฏ If bulls defend current levels, $0.50 could become a potential upside target.
๐ฅ Other Major Losers
๐ป VELVET: -84%
๐ TUT: -45%
โ ๏ธ FOLD: -40%
๐ Key Takeaways
๐ VET remains one of the strongest major altcoins and could challenge $0.08.
โ ๏ธ RAIN has powerful momentum but looks increasingly overextended.
๐ช SOL continues to show relative strength and remains a major Q3 altcoin to watch.
๐ก๏ธ STABLE and ARB are approaching important support zones where buyers could attempt a recovery.
๐ Overall, capital rotation remains the dominant theme, but traders should stay alert for sharp profit-taking after major rallies.
โ ๏ธ Trade carefully, manage risk, and conduct your own research before entering any position.
#CryptoMarketWeeklyWinnersAndLosers
