CoinsProbe

Key Highlights
SPCX is trading near $131–$133, up approximately 15% in 24 hours after successfully absorbing its first major post-IPO lockup expiry.911.5 million shares became eligible for trading on August 6 — yet the stock climbed sharply instead of selling off.The next unlock is scheduled for August 20, 2026, releasing approximately 319.03 million shares valued near $42.47 billion at current prices.A 4-hour Rounding Bottom pattern has formed with a base at $104.85 and a neckline target at $172.39 — roughly 30% upside from current levels.The bearish setup only invalidates on a sustained break below the $104.85–$110 support zone.
SpaceX (SPCX) delivered one of the more impressive post-unlock performances seen in a recent IPO — surging approximately 15% in 24 hours on the same day 911.5 million shares became eligible to trade. The rally, which pushed the stock to the $131–$133 range, sent a clear message: demand for SPCX is absorbing supply rather than capitulating to it.
SpaceX Stock Price on 08 Aug 2026 | Source: Coinmarketcap
SPCX Absorbs Its Biggest Unlock Without Blinking
The conventional fear around large post-IPO lockup expirations is straightforward — early investors and insiders who have been locked out of selling suddenly gain the ability to exit, flooding the market with supply and pushing the price lower. It is a dynamic that has played out in countless IPOs across both traditional equity and crypto markets.
SPCX broke that script on August 6.
When 911.5 million shares came unlocked — the first and largest lockup release since the IPO — the stock did not sell off. It rallied hard. Three Drivers drove the move:
Argus Research upgrade to Buy with a $160 price target — this was the primary trigger behind Friday’s strong jump.Alphabet (Google) holds a massive stake of approximately 551 million shares, valued at around $94.1 billion as of the end of June, providing strong institutional support.
This two factors combined to drive significant buying interest and helped SPCX stage an impressive recovery.
Next SPCX Stock Major Unlock — August 20, 2026
While the August 6 unlock has been absorbed cleanly, the calendar brings another test quickly:
DetailDataDateAugust 20, 2026 (~09:30 ET)EventDay 70 ReleaseTypeTime-based tranche (+7%)Shares Unlocking~319.03 millionEstimated Value~$42.47 billion at current prices
This August 20 event is structurally different from the August 6 unlock — it is the first of several smaller, staggered releases expected through the coming months rather than a single concentrated event. The +7% tranche is significantly smaller in share count than the initial lockup, but at approximately $42.47 billion in notional value at current prices, it is not trivial.
The key question heading into August 20 is whether the demand resilience demonstrated on August 6 carries forward, or whether the sustained rally from $104.85 to $133 has reduced the appetite for fresh buying at higher prices just as more supply arrives.
SPCX August 20 Stocks Unlock/Source: tokenomist
SPCX Technical Analysis — Rounding Bottom Targets $172.39
The 4-hour chart is presenting one of the more constructive recovery patterns available in technical analysis — a Rounding Bottom (also called a saucer bottom), which reflects a gradual, sustained shift from selling pressure to buying pressure rather than a sharp, potentially unstable V-shaped reversal.
SPCX 4H Chart -Coinsprobe/Source: Tradingview
Pattern Structure
SPCX established a clear base near $104.85 — the floor of the rounding bottom — before beginning a gradual, curved recovery. Higher lows have been developing consistently inside the pattern, confirming that each successive pullback is finding support at a higher level than the last. The stock is currently trading around $133, positioned inside the recovery arc of the pattern.
A rounding bottom requires three conditions for full confirmation:
A clearly defined low area (the base of the saucer) — $104.85Gradual, symmetric recovery with higher lows and — currently in progressA decisive breakout above the neckline resistance level — pending
Rising support trendline: Before attempting the neckline, SPCX is expected to retest the rising support trendline formed by the sequence of higher lows developing inside the pattern. How the stock handles this retest will be the first meaningful technical signal of whether the rounding bottom has sufficient structural integrity to complete.
Neckline resistance — $172.39: A sustained breakout above $172.39 would confirm the rounding bottom pattern and open the path to further upside beyond the neckline. From current prices near $133, reaching the neckline represents approximately +30% upside.
Bullish vs. Bearish Scenarios
Bullish Scenario
SPCX holds the rising support trendline on any retest, continues building higher lows inside the rounding bottom structure, and stages a breakout above the $172.39 neckline. Confirmation of the pattern would open further upside beyond the neckline level. This scenario requires the August 20 unlock to be absorbed with the same resilience shown on August 6 — and continued demand from both growth-narrative buyers and technical traders entering on the pattern.
Bearish Scenario
A sustained breakdown below the $104.85–$110 support zone would invalidate the rounding bottom structure entirely — confirming that the current recovery is insufficient to support the pattern and that SPCX has not yet found its true base. In this scenario, the technical setup resets without a clear lower support reference, and the bullish framework requires rebuilding from a lower base.
Bottom Line
SpaceX’s ability to rally 15% on the same day its largest post-IPO unlock went live is the single most important data point from August 6. It demonstrates that the current holder base is not rushing to exit, that demand is absorbing new supply, and that the growth narrative around SpaceX’s connectivity and AI infrastructure ambitions remains compelling enough to attract fresh buyers even at elevated unlock risk.
The 4-hour Rounding Bottom targeting $172.39 gives traders a defined technical framework to work within — a clear base at $104.85, a developing recovery structure, and a specific neckline level that marks the difference between pattern confirmation and a continued range.
The August 20 unlock will be the next real test of whether SPCX’s demand resilience is durable or whether the move from $104.85 to $133 has temporarily exhausted near-term buying interest. How the stock handles that event — and the rising support trendline retest that may come before it — will shape the near-term trajectory heading into September.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
2.27 million new BTC wallets were created in the past week — the highest weekly reading in 12 months.751,000 active wallets were recorded, the strongest level in 10 months, per Santiment on-chain data.The spike in network activity is primarily attributed to the ongoing Coldcard hardware wallet security issues.Bitcoin's long-term ascending support trendline and a momentum oscillator at extreme oversold levels match conditions seen at major bottoms in 2015, 2019, 2020, and 2022.
Bitcoin is printing a rare convergence of signals — a surge in on-chain network activity not seen in over a year, combined with a long-term chart structure that has historically marked major cycle lows. Whether this alignment represents noise or a genuine inflection point is the question every serious BTC watcher is asking right now.
At the time of writing, BTC is trading at approximately $64,956 — up 1.09% in 24 hours and 3.70% over the past 30 days — with a market capitalization of approximately $1.3 trillion. As covered in our Bitcoin price prediction for August 2026, seasonal weakness and bottom-formation signals have been converging for weeks. The latest on-chain data adds another layer to that picture.
Bitcoin (BTC) Price on 08 Aug 2026 | Source: Coinmarketcap
Bitcoin’s Strongest Network Growth Week in 12 Months
On-chain data from Santiment shows Bitcoin just completed its most significant week of network growth in the past year — across two key metrics that matter for assessing genuine adoption versus price-driven speculation.
Bitcoin BTC Weekly Active Addresses & Network Growth/Source: @SantimentData (X)
2.27 million new BTC wallets were created in the past week alone — the highest weekly reading in 12 months. This is not a marginal uptick. It is a sharp, anomalous spike that stands out clearly against the baseline of the past year.
751,000 active wallets were recorded over the same period — the strongest active wallet reading in 10 months. Active wallet counts reflect real on-chain transactions, not just the creation of dormant addresses, making this metric a stronger signal of genuine network engagement.
The Coldcard Effect — Security Shock Driving On-Chain Activity
Santiment attributes the bulk of this spike directly to the ongoing Coldcard hardware wallet security issues that have been circulating in the Bitcoin community.
Security events of this nature have a predictable and historically consistent effect on on-chain behavior. When confidence in a specific custody solution is shaken, users respond by:
Creating new wallets and rotating their custody setupMoving funds off potentially compromised devicesReassessing their overall security architecture
Each of these actions generates on-chain transactions and new wallet creation — explaining the anomalous readings in both metrics this week.
Why This Actually Matters for Price
The instinctive reaction to “security scare drives wallet creation” might be to dismiss the data as noise — activity generated by fear rather than conviction. But the historical pattern tells a different story.
As Santiment’s framework has consistently shown, polarizing events produce the strongest on-chain reactions — and those reactions are not uniformly bearish. Fear spreads quickly among smaller holders, activity spikes as people rotate custody, and larger stakeholders frequently use the resulting confusion and temporary price weakness to accumulate more aggressively.
This dynamic maps directly onto what we covered in our Bitcoin whales accumulate as retail sells analysis — a pattern where sophisticated larger holders use retail panic as a buying window. The combination of rising network usage and stronger-hand accumulation has historically been constructive for Bitcoin’s price trajectory over the following weeks and months.
Long-Term Chart Flashes Familiar Bottom Signal
The on-chain data doesn’t exist in isolation. Analyst James Easton (@JamesEastonUK) shared a long-term Bitcoin chart with a caption that captures the weight of the current technical setup:
“Bitcoin. I literally don’t know what to say.”
The chart maps Bitcoin’s multi-year ascending support trendline — and price is currently testing that long-term structure near the $65,000 region.
Chart: Bitcoin/USD Monthly | Source: TradingView, @JamesEastonUK, August 07, 2026
What the Chart Shows
The ascending trendline (marked in white on Easton’s chart) has served as long-term support across Bitcoin’s entire multi-year cycle structure. Cyan circles on the chart mark previous instances where BTC interacted with this trendline at major cycle turning points — each instance preceding a significant directional move.
Price is currently sitting at that trendline again.
The Momentum Oscillator Signal
The lower panel of the chart adds the most historically significant element. A momentum oscillator has dropped to extreme oversold levels — matching the same deep red readings that appeared at prior major Bitcoin bottoms:
2015 — the end of the post-Mt. Gox bear market2019 — the mid-cycle low before the 2020 run2020 — the COVID crash low2022 — the cycle bottom near $15,500
Each of those oversold readings on the same oscillator preceded a significant and sustained upward move. The current reading matches that zone.
As we noted in our Bitcoin macro bottom signals analysis, the convergence of multiple independent indicators pointing to the same conclusion carries more analytical weight than any single signal in isolation.
How This Fits the Broader Bottom Framework
This week’s data does not stand alone. It adds to a growing body of evidence that Bitcoin may be operating near or at a significant structural low — a thesis supported by several independent frameworks covered in prior analysis:
Realized Profit vs. Realized Loss: As covered in our BTC realized profit crossover analysis, Bitcoin has historically bottomed when realized profit crosses realized loss — and another such crossover is approaching.
Two independent valuation models: Both models examined in our BTC undervaluation analysis point to the same conclusion — Bitcoin is currently trading below fair value by their respective metrics.
Whale accumulation: The smart money behavior pattern documented in our whale accumulation report shows larger holders continuing to accumulate while retail participants reduce exposure — a historically bullish divergence.
The network growth data from this week now adds on-chain confirmation to what the technical and valuation frameworks have been suggesting.
What to Watch Next
Two things will determine whether this convergence of signals marks a genuine inflection point or a temporary blip:
Whether the ascending trendline holds: Bitcoin is currently testing multi-year ascending support near $65,000. A sustained daily close below this trendline would weaken the long-term bullish structure significantly and shift the analytical framework toward a deeper correction scenario.
Whether network growth sustains: If the wallet creation and active address spike is purely Coldcard-driven, it may fade quickly once the security situation stabilizes. If the numbers remain elevated in the coming weeks — suggesting genuine adoption beyond the security event — that would add meaningful weight to the bullish case.
Bottom Line
Bitcoin is presenting a rare alignment of signals this week. The strongest on-chain network growth in 12 months — driven in part by the Coldcard security situation — is occurring simultaneously with a long-term chart test of multi-year ascending support and a momentum oscillator reading that has historically marked major BTC bottoms.
No single signal guarantees a directional outcome. But as our broader bottom analysis has documented across multiple independent frameworks, the weight of evidence currently points toward Bitcoin operating near a structurally significant low rather than the early stages of an extended decline.
The trendline at $65,000 is the level to watch. How Bitcoin closes around it over the coming days will clarify whether this is the setup that precedes the next major move — or a test that still needs more time to resolve.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Bitcoin is up 5.35% over the past 30 days, as @alicharts suggests the macro bottom may already be in.The monthly TD Sequential has flashed a buy signal, the same indicator that marked Bitcoin's 2022 market bottom.Bitcoin is holding near the 50-month SMA, a level that has supported every major market bottom since 2014.The Chande Momentum Oscillator (CMO) has dropped to -71, matching historically oversold levels seen at previous cycle bottoms.
Three separate monthly chart signals — each with a documented track record of appearing at Bitcoin’s major cycle bottoms — are all firing simultaneously in the current environment. @alicharts has presented each one separately and the combined picture is the most comprehensive monthly bottom signal case Bitcoin has shown since the 2022 lows.
Bitcoin is trading at approximately $65,177 — up +1.59% in 24 hours and +5.35% over 30 days — with a market cap of approximately $1.3 trillion. Despite remaining -26% year-to-date from the $126,000 all-time high, three monthly timeframe signals are converging on the same conclusion that each prior instance of this alignment has produced: a durable macro bottom.
Bitcoin (BTC) Price on 07 Aug 2026 | Source: Coinmarketcap
Chart 1 — Monthly TD Sequential Buy Signal
The monthly TD Sequential has printed a buy signal “9” on Bitcoin’s current monthly chart — visible on the right side of the chart at the $64,309 current price level.
BTC Monthly Chart — TD Sequential | Source: @alicharts
Reading the chart:
The @alicharts monthly chart shows two prior TD Sequential signals on the same timeframe:
First “9” sell signal (visible at approximately 2024–2025) — appeared near Bitcoin’s peak before the current corrective phaseSecond “9” buy signal — appearing now at $64,309 — the signal that historically marks the transition from corrective phase to recovery
The 2022 precedent:
The most directly comparable prior instance on this chart is the 2022 monthly TD Sequential buy signal — which appeared at Bitcoin’s cycle low near $15,500–$16,000 and successfully identified what turned out to be the bottom of the 2022 bear market. What followed was the recovery that eventually took Bitcoin to its $126,000 all-time high.
The prior cycle returns documented on the chart:
The chart annotates the rallies that followed each prior comparable setup:
Cycle Rally from Bottom Early cycle (2011–2012)+28,737.21%2015 cycle+8,294.24%2019 cycle+1,967.94%2022–2023 cycle+675.66%Current (2026)Signal printing now at $64,309
Each successive cycle has produced a smaller percentage gain as Bitcoin’s market cap grows — but each has still produced extraordinary returns from the signal level. The current signal appearing at $64,309 does not predict the magnitude of the next move — it identifies the potential transition point, consistent with every prior instance.
Chart 2 — 50-Month SMA: Every Major Bottom Since 2014
The second chart from @alicharts focuses on a different monthly signal — Bitcoin’s relationship to its 50-month simple moving average (labelled as 200 SMA on the chart).
BTC Testing 50 MA Support | Source: @alicharts
Reading the chart:
The chart spans from 2016 to 2026, showing the 50-month SMA as a rising curved line beneath Bitcoin’s price. Black arrows mark each prior instance where Bitcoin’s price touched or tested this moving average — each of which represented a major buying opportunity:
Year Bitcoin Price at 50-Month SMA Touch What Followed~2015~$200–$300 2017 bull market~2019~$3,000–$4,000 2020–2021 bull market~2020~$5,000–$7,000 (COVID crash)Immediate recovery and ATH~2022~$17,000–$20,0002023–2026 bull market2026 (Current)~$64,309 Arrow marks current position
Bitcoin is currently trading near — and testing — the 50-month SMA for the first time since the 2022 cycle low. The current price of $64,309 sits approximately at this long-term moving average, with the chart’s most recent arrow pointing directly to the current position.
The significance:
Every prior touch of the 50-month SMA has preceded a sustained multi-year bull market — not a brief bounce, but a structural trend change that lasted months to years. The current test of this level in 2026 adds the longest-term moving average in Bitcoin’s analytical toolkit to the list of signals pointing toward the same conclusion.
Chart 3 — Chande Momentum Oscillator Resets to -71
The third signal identified by @alicharts is the Chande Momentum Oscillator (CMO) resetting to -71 on the monthly chart — the most extreme oversold reading visible on the current chart.
Reading the chart:
The @alicharts monthly chart shows the ChandeMO (lower panel) oscillating between approximately +100 (extremely overbought) and -71 (extremely oversold) across Bitcoin’s full cycle history. The current reading at -71 — marked by the arrow at Jun ’26 — is the deepest oversold reading shown on the chart.
BTC Monthly Chart — ChandeMO | Source: @alicharts
The four prior extreme lows:
Each prior time the ChandeMO reached comparable extreme readings (marked by the dotted lines on the chart), it coincided with major Bitcoin cycle bottoms:
Period Chande MO Reading Bitcoin BottomMar 2015Extreme low2015 cycle bottom Jan 2019Extreme low2018–2019 cycle bottom Dec 2022Extreme low2022 cycle bottom Jun 2026-71Current — deepest reading shown
The current -71 reading is visually the most extreme on the chart — even deeper than the prior instances — suggesting the current momentum exhaustion on the monthly timeframe is historically unprecedented in its severity.
Why extreme CMO readings matter:
The Chande Momentum Oscillator measures the sum of recent gains minus recent losses relative to total movement — when it reaches extreme negative levels, it signals that bearish momentum has been so dominant and sustained that it has historically exhausted itself and preceded a reversal. At -71 on the monthly timeframe, the indicator is saying that twelve months of momentum data shows overwhelming selling — the same reading that has appeared before every major Bitcoin recovery.
Three Signals — One Conclusion
@alicharts’ analysis presents three independent monthly signals — each measured differently, each with its own historical track record — all firing simultaneously:
Signal Reading Historical Precedent Monthly TD Sequential Buy “9” at $64,309Identified 2022 bottom50-Month SMA Price testing the level Every major bottom since 2014ChandeMO-71 (extreme low)2015, 2019, 2022 bottoms
The consolidation range @alicharts identifies for the near term: $60,000–$67,000 — acknowledging that even with these signals present, Bitcoin may continue to consolidate within this range before the next directional move becomes clear.
The Broader Signal Convergence
These three monthly signals from @alicharts add to the growing body of convergent bottom signals we have been tracking throughout July and August 2026 — including the MVRV at the 5th percentile, the Realized Profit vs Loss crossover approaching, the 147-day weekly bullish divergence, Bitcoin August Price Prediction, and the whale vs retail divergence with Santiment confirming accumulation.
Every independent analytical framework applied to Bitcoin’s current situation is arriving at the same conclusion — the current price zone has historically been where macro bottoms form.
Bottom Line
Three separate monthly signals — a TD Sequential buy, a 50-month SMA test, and a ChandeMO at -71 — are all firing simultaneously on Bitcoin’s highest timeframe chart. Each signal has a documented track record of appearing at Bitcoin’s major cycle bottoms: 2015, 2019, and 2022. Their simultaneous appearance in June–August 2026 at approximately $64,000 creates the most concentrated monthly signal convergence Bitcoin has shown since the 2022 lows.
The near-term consolidation range of $60,000–$67,000 remains the battleground. Whether the macro bottom is already in — or whether one final move lower completes the bottom structure — these three monthly signals will be the framework analysts reference when the next major directional move confirms.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Canton Coin (CC) is down 9.66% in 24 hours and 24.19% over the past 7 days.CC broke down from a rising wedge near $0.15, coinciding with its 200-day moving average — a classic bearish breakdown signal.The token has already fallen roughly 47% from its local top near $0.17, mirroring a fractal seen in EdgeX (EDGE) earlier in June 2026.If the bearish fractal plays out fully, the next major support sits at $0.05862 — approximately 33% below current prices.The bearish outlook only invalidates on a sustained reclaim of the 200-day MA at $0.1493.
Canton Coin (CC) is flashing one of the more technically defined bearish setups in the current altcoin market — a rising wedge breakdown that closely mirrors the structure EdgeX (EDGE) printed before its 75% collapse in June 2026. With CC already down 47% from its local top and showing no confirmed signs of reversal, the fractal comparison is drawing serious attention from technical traders.
CC is currently trading at approximately $0.09050, down 9.66% in the last 24 hours and 24.19% over the past 7 days. The token carries a market capitalization of around $3.55 billion.
Canton (CC) Price on 07 Aug 2026/Source: Coinmarketcap
What Is Canton Coin (CC)?
Canton is the native utility token of the Canton Network, a privacy-focused Layer-1 blockchain built specifically for institutional finance and real-world asset (RWA) tokenization.
The network is designed to bridge traditional finance (TradFi) and blockchain infrastructure, with a core emphasis on compliance, configurable privacy, and institutional-grade interoperability. These characteristics place Canton in a distinct category from consumer-facing blockchains — it is purpose-built for the segment of the market where regulatory alignment and privacy controls are non-negotiable requirements.
Within the network, CC serves two primary functions: paying network fees (which are subsequently burned) and rewarding participants under a burn-mint equilibrium model — a tokenomics structure designed to create natural supply regulation tied to actual network usage.
Bearish Fractal — CC Mirrors the EdgeX (EDGE) Collapse
Our chart comparison, based on insights from market analyst @Divergent_XBT (X), suggests that Canton Coin (CC) is following a bearish fractal similar to EdgeX (EDGE).
The EDGE Precedent
In June 2026, EDGE broke down from a rising wedge pattern — a bearish technical structure characterized by price making higher highs and higher lows within converging trendlines, before failing to sustain the upward trajectory and reversing sharply. Following the wedge breakdown, EDGE collapsed by 75%, one of the sharper corrections seen among mid-cap altcoins in that period.
EDGE and Canton (CC) Fractal Chart-Coinsprobe/Source: Tradingview
CC’s Near-Identical Structure
Canton Coin has now printed what analysts describe as a nearly identical structure. CC broke below its own rising wedge near the $0.15 region — a level that also coincided with its 200-day moving average, adding technical weight to the breakdown signal.
The convergence of a wedge breakdown and a loss of the 200-day MA at the same price level is a meaningful bearish confirmation. The 200-day MA is widely watched by institutional and retail traders alike as the primary dividing line between long-term bullish and bearish trend structures.
Since that breakdown, CC has already fallen approximately 47%, sliding from around $0.17 to its current price near $0.0905 — tracking the early stages of the EDGE fractal with notable precision.
![Canton Coin CC Bearish Fractal Chart]
Potential Downside Target — $0.05862
If the fractal continues to develop in line with EDGE’s post-breakdown trajectory, the next major technical support for CC sits at $0.05862.
Reaching this level from current prices would represent:
Approximately 33% further downside from $0.0905An overall 65% correction from CC’s local top near $0.17
The $0.05862 level is the primary area where buyers would be expected to step in based on prior price structure — making it the key level to watch if CC continues declining without finding meaningful support before then.
Key Invalidation Level — $0.1493 (200-Day MA)
The bearish fractal thesis is not without a clear exit condition. The setup begins to weaken materially if CC reclaims its 200-day moving average, currently sitting at $0.1493.
A sustained move and daily close above $0.1493 would do two things simultaneously: invalidate the current bearish fractal structure and signal that buyers have absorbed the wedge breakdown — shifting the technical bias back toward bullish. From the current price of $0.0905, reclaiming the 200-day MA would require approximately +65% upside — a significant move that would need a meaningful catalyst or broad altcoin market recovery to materialize.
Until that reclaim happens, the path of least resistance on the chart remains to the downside.
Bearish Scenario: CC fails to reclaim $0.1493, fractal continues tracking EDGE’s post-breakdown move, price extends toward $0.05862 — a full 65% correction from the local top.
Bullish Scenario: CC stabilizes at current levels, builds a base above $0.0905, and stages a recovery toward the 200-day MA at $0.1493. A sustained reclaim of that level with volume would invalidate the bearish fractal and open the path toward prior wedge support turned resistance.
Bottom Line
Canton Coin is under clear and technically defined downward pressure. The rising wedge breakdown near $0.15 — which also marked the loss of the 200-day moving average — set up a fractal structure that closely mirrors the EDGE collapse from June 2026. With 47% already surrendered from the local top and no confirmed reversal signal yet on the chart, the technical setup currently favors further downside toward $0.05862.
Canton’s institutional positioning in the RWA space gives it stronger fundamental footing than most memecoins facing similar chart pressure. But fundamentals rarely override technicals in the short term — and until CC reclaims $0.1493, the bearish fractal remains the dominant framework to trade against.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Whales accumulated 0.34% more BTC since July 29, while retail wallets cut holdings by 0.59%, according to Santiment.Bitcoin's monthly momentum oscillator has reached levels seen at the 2011, 2015, 2018, and 2022 market bottoms.The combination of whale accumulation and retail capitulation points to a higher probability of a move toward $70,000+ rather than below $60,000.
Bitcoin’s current setup is being read by on-chain analysts and long-term technical analysts as the same environment — from two completely different analytical frameworks — arriving at the same conclusion simultaneously.
Bitcoin is trading at $64,351 — up +0.64% over 7 days and +2.52% over 30 days — with a market cap of approximately $1.29 trillion. The price consolidation near $64,000–$65,000 has now persisted for several sessions — a range that the on-chain and technical signals below suggest may be a historically significant accumulation zone rather than a prelude to further downside.
Bitcoin (BTC) Price on 07 August 2026/Source: Coinmarketcap
Whale Accumulation vs Retail Exit: The Classic Bottom Pattern
Santiment data reveals a divergence between large and small Bitcoin holders that has historically been one of the more reliable signals of a market approaching a durable low:
Holder Type Wallet Size Change Since July 29Whales and Sharks10–10,000 BTC+0.34%Micro-retailUnder 0.01 BTC-0.59%
What the divergence means:
While retail participants holding less than 0.01 BTC have reduced their holdings by -0.59% — the sharpest drop in micro-holder balances since December 2024 — wallets in the 10–10,000 BTC range have been simultaneously increasing their holdings by +0.34%. Supply is transferring from small, sentiment-reactive holders to large, conviction-driven participants.
The Coldcard fallout as a catalyst:
Santiment specifically notes that this divergence coincides with the Coldcard hardware wallet entropy flaw — where a firmware vulnerability led to an estimated 1,360 BTC (~$87 million) being swept from affected wallets. The resulting fear and uncertainty in the retail community appear to have accelerated small holder selling — while larger, more informed participants have been absorbing that supply rather than joining the exit.
Santiment’s probability assessment:
The data provider suggests that this specific pattern — key stakeholders accumulating while retail reduces exposure amid FUD — historically increases the probability of Bitcoin moving toward $70,000+ rather than revisiting levels below $60,000. This is not a guaranteed outcome — it is a probability assessment based on prior instances where the same divergence appeared.
Bitcoin (BTC) Whale Accumulation Graph/Source: @SantimentData (X)
Monthly Oscillator at Historic Bottom Zone
Analyst @JamesEastonUK shared a full-history monthly Bitcoin chart that provides the longest possible timeframe context for the current momentum reading — and the signal it is producing is one that has appeared at every major Bitcoin cycle bottom since 2011.
Reading the chart:
The chart displays Bitcoin’s price action (right axis) alongside a momentum oscillator (purple line, left axis) that tracks the rate of momentum change on the monthly timeframe. The current reading sits at approximately -46.41 — in extreme oversold territory.
Chart: Bitcoin/USD Monthly | Source: TradingView, @JamesEastonUK, August 7, 2026
The five historic bottom zones — marked by red dots:
The chart’s red dots mark each prior instance where the monthly oscillator reached the extreme oversold zone visible at the bottom of the indicator panel. These occurred at:
PeriodBitcoin Approximate PriceWhat FollowedLate 2011 / Early 2012~$2–$3Major cycle bottom → Substantial rallyEarly 2015~$150–$200Major cycle bottom → 2017 bull runLate 2018 / Early 2019~$3,200Major cycle bottom → 2020–2021 bull runLate 2022~$15,500–$16,000Major cycle bottom → Current cycle ATH $126K2026 (Current)~$64,000Reading now matching prior bottoms
The current reading in context:
The monthly oscillator has now dropped to the same extreme level that appeared at each of the four prior major Bitcoin cycle bottoms — with each prior instance followed by a substantial multi-month to multi-year recovery. The blue horizontal lines on the chart mark the upper resistance zone (approximately 100 on the oscillator) and the extreme oversold zone (approximately -70 to -80) — with the current reading sitting near the lower boundary.
The current position on the price chart:
Bitcoin at approximately $60,000–$64,000 on the right axis corresponds to the current oscillator reading — visible at the rightmost point of the chart where the purple oscillator line is descending toward the extreme oversold zone marked by the lower cyan horizontal line.
@JamesEastonUK’s comment accompanying the chart was direct and unambiguous:
“Most will buy higher, MUCH higher.”
The implication is consistent with every prior red dot on the chart — each appeared at a point where the majority of market participants were reducing or avoiding exposure, and each preceded a significant appreciation in Bitcoin’s value.
Why Both Signals Point the Same Direction
The on-chain divergence and the monthly technical reading are measuring fundamentally different things — yet both are identifying the same environment:
Santiment’s whale vs retail divergence measures actual holder behaviour — who is buying and who is selling in real time. It is a present-tense signal about current market participant activity.
@JamesEastonUK’s monthly oscillator measures momentum on the longest available timeframe — comparing current momentum conditions to every prior cycle in Bitcoin’s 15-year history. It is a historical context signal about where in the cycle the current reading appears.
Two frameworks. One conclusion: the current zone has historically been where informed accumulation occurs before the broader market realises it missed the bottom.
This convergence adds to the body of evidence we have been building throughout July and August 2026 — including the MVRV at the 5th percentile, the Realized Profit vs Loss crossover approaching, the 147-day weekly bullish divergence, and the Structural Market Bands support zone — each measuring the same underlying dynamic from a different angle.
Bottom Line
Bitcoin at $64,351 is sitting at the intersection of a Santiment-confirmed whale accumulation signal and a monthly momentum oscillator reading that has matched every major Bitcoin cycle bottom since 2011. Retail is selling. Whales are buying. The monthly oscillator is at extreme historic lows. These three observations are not individually conclusive — but their simultaneous appearance is the kind of convergence that, in prior cycles, has characterised the late accumulation phase before the next major directional move.
@JamesEastonUK’s observation — “Most will buy higher, MUCH higher” — is the compressed version of what the full historical chart is showing. Every prior red dot on that monthly chart was followed by a period where that statement proved accurate.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Analyst identified a fractal mirroring PEPE in late 2023 and DOGE in late 2020 — both of which broke above descending channels before major rallies.PURR has broken above its descending trendline — but confirmation requires a reclaim of the 0.5 Fibonacci level at $0.1763.$0.05785 is the critical support — a sustained break below could weaken the bullish structure.
Purr (PURR) is currently trading at approximately $0.06758, up 5.20% over the past 7 days. However, the token remains down 26.40% over the last 30 days, with a market capitalization of around $40.23 million.
PURR Memecoin Price on 07 Aug 2026/Source: Coinmarketcap
Purr is showing the early technical fingerprints of two of the most explosive memecoin breakouts in recent history. Whether the fractal delivers its historical precedent depends on one specific level.
What Is Purr (PURR)?
Purr (PURR) is a deflationary memecoin launched on the Hyperliquid L1 blockchain. It was introduced as the first token for spot trading on the platform, with a maximum supply of 1 billion tokens.
Its tokenomics are notably deflationary: of the 1 billion maximum supply, 500 million were distributed to early Hyperliquid points holders and 400 million were burned from the initial HIP-2 deployment. Crucially, trading fees paid in PURR are burned — meaning every transaction reduces the circulating supply permanently.
PURR has no planned utility beyond community representation — making it a pure memecoin whose value is entirely sentiment and ecosystem driven.
The PEPE and DOGE Fractal
Analyst @MaxBecauseBTC mapped PURR’s current price structure against two of the most documented memecoin breakouts:
Chart: PURR fractal comparison | Source: @MaxBecauseBTC
PEPE (late 2023) and DOGE (late 2020) followed nearly identical sequences:
Step 1 — Formed a base at a major support zone after an extended declineStep 2 — Consolidated within a descending channel — lower highs pressing against rising supportStep 3 — Broke above the descending resistance trendlineStep 4 — Reclaimed the 0.5 Fibonacci retracement level — the specific confirmation that preceded the impulsive rally phase in both prior instancesStep 5 — Launched a powerful, sustained bull run
Where PURR currently sits:
PURR has completed Steps 1–3 — forming its base, consolidating in the descending channel, and now breaking above the descending trendline. Step 4 — the 0.5 Fibonacci reclaim at $0.1763 — is the unconfirmed gate that determines whether the fractal delivers its historical precedent or fails at this stage.
Key Levels — What to Watch
$0.1763 — The confirmation gate:
In both PEPE’s 2023 and DOGE’s 2020 breakouts, reclaiming the 0.5 Fibonacci level was the specific event that confirmed the breakout was genuine and the impulsive rally phase was beginning. Until PURR reclaims this level on a sustained basis, the fractal carries genuine downside risk — the trendline break alone is insufficient confirmation.
From the current price of $0.06758, reaching $0.1763 requires approximately +161% upside — making this a significant move that requires sustained buying conviction rather than a gradual drift.
$0.05785 — The floor that must hold:
A sustained daily close below $0.05785 would break the bullish structure — invalidating the fractal thesis and removing the base that both prior memecoin breakouts required as their foundation. This is the specific level bulls must defend to keep the pattern viable.
Bullish Scenario — $0.1763 Reclaimed:
PURR holds $0.05785 support, builds momentum from the trendline breakout, and achieves a sustained close above $0.1763 — confirming the fractal is playing out as mapped and historically preceding a powerful impulsive rally phase consistent with PEPE and DOGE’s prior outcomes.
Bearish Scenario — Below $0.05785:
A sustained close below $0.05785 breaks the base structure — invalidating the fractal comparison and requiring PURR to establish a new, lower accumulation zone before any recovery attempt becomes credible.
Bottom Line
PURR has completed the early stages of a fractal that has preceded two of the most significant memecoin bull runs in recent history. The descending trendline break is encouraging — but the fractal remains unconfirmed until $0.1763 is reclaimed. Watch $0.05785 as the floor that must hold and $0.1763 as the confirmation that unlocks the full thesis.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
$CASHCAT is up 40–60% in 24 hours, trading between $0.13–$0.15 across exchanges.Market capitalization sits near $130–$145 million with 24-hour volume exceeding $50–$100 million.Robinhood officially listed $CASHCAT on August 6, 2026, in the Robinhood app and Robinhood Legend.The token remains Robinhood Chain's leading memecoin by trading volume and market interest.
Cash Cat ($CASHCAT) has posted one of the sharpest single-day moves in the current memecoin cycle, surging 40–60% in 24 hours following a major catalyst: an official listing on Robinhood’s retail trading platform.
The token is currently trading in the $0.13–$0.15 range, with a market cap near $130–$145 million and 24-hour trading volume exceeding $50–$100 million — numbers that place it among the most actively traded assets on Robinhood Chain at the time of writing.
CASHCAT Price on 06 July 2026/Source: Coinmarketcap
Robinhood Officially Lists $CASHCAT
Today, On August 6, 2026, Robinhood confirmed that $CASHCAT is now available to trade directly inside the Robinhood app and on Robinhood Legend — the platform’s advanced trading interface.
The announcement was confirmed via the official @RobinhoodApp account, marking a significant milestone for a community-driven memecoin that has operated primarily within the on-chain trading environment since launch.
The listing matters for a straightforward reason: Robinhood has tens of millions of retail users who previously had no direct, in-app access to $CASHCAT. Bringing the token onto the platform dramatically expands its potential buyer base overnight — a dynamic that has historically preceded sharp price moves for assets receiving similar brokerage-level listings.
Robinhood Listed $CASHCAT/Source:@RobinhoodApp
What Is Cash Cat ($CASHCAT)?
As we covered extensively in our $CASHCAT $200M market cap article and our $CASHCAT crash and Hyperliquid short article — $CASHCAT is a memecoin with an origin story that gives it unusual cultural weight among Robinhood Chain tokens.
The narrative hook: “Cash Cat” was reportedly the original name and mascot concept considered by Robinhood’s founders before the company settled on its current “Robinhood” branding. Whether this origin story holds up to detailed historical scrutiny is less important than the cultural resonance it created — positioning $CASHCAT not as a random dog or cat token but as something organically connected to Robinhood’s own identity.
The launch and rise: $CASHCAT launched on Robinhood Chain shortly after the network went live on July 1, 2026 — and rapidly became the chain’s dominant memecoin by trading volume and market interest. At its peak in mid-July, $CASHCAT reached an all-time high near $0.22 and a market cap briefly above $224 million — the largest any Robinhood Chain memecoin had achieved — before correcting sharply as we documented in our crash and profit-taking article.
The recovery: Following that correction, $CASHCAT has been staging a recovery driven by renewed community activity, whale accumulation, and the broader growth of the Robinhood Chain ecosystem — including Binance Wallet’s native integration of Robinhood Chain and continued on-chain metrics growth.
The Market Reaction — $212M Peak, $130–$145M Settled
The market’s reaction to the Robinhood listing announcement followed a pattern familiar from prior exchange listing events — though the specific dynamic here carried additional momentum from the narrative significance of the listing venue.
The immediate spike: The listing announcement triggered a sharp rush of buying that pushed $CASHCAT’s market cap to approximately $212 million at peak — driven by traders who had been watching for exactly this kind of catalyst and positioned ahead of or immediately at the news.
The normalisation: Following the initial spike, price has settled into the $0.13–$0.15 range with a market cap of approximately $130–$145 million — a healthy consolidation that suggests genuine demand absorption rather than a complete reversal of the listing premium.
The $50–$100 million+ in 24-hour trading volume confirms this is broad, active market participation rather than a thin-volume price movement — the kind of liquidity profile that distinguishes a meaningful catalyst from a brief price glitch.
Risk Factors to Watch
$CASHCAT carries the full risk profile of a community-driven memecoin. Key considerations for anyone tracking the token:
Volatility: A 40–60% single-day move in either direction is within the token’s established range. The pullback from $0.22 to pre-listing lows demonstrated how quickly sentiment can shift.
Memecoin dynamics: $CASHCAT’s price is driven primarily by narrative and community momentum rather than protocol revenue or fundamental metrics. Listings and announcements create spikes; sustained price levels require sustained attention.
Post-listing behavior: Token prices frequently experience a “sell the news” correction after major listing events as early holders take profit into new retail liquidity. Whether $CASHCAT holds its current range or retraces will depend heavily on whether new Robinhood users continue buying in the days following the announcement.
The Full Circle — Robinhood Chain to Robinhood App
$CASHCAT’s journey from launch to this listing represents a remarkably complete narrative arc:
July 1, 2026 — Robinhood Chain launches. $CASHCAT is among the first tokens to gain traction on the new chain.
July 6–10, 2026 — $CASHCAT surges to an ATH of ~$0.22 and a ~$224M market cap as Robinhood CEO Vlad Tenev endorses meme trading on the chain.
Mid-July 2026 — Sharp correction as profit-taking and whale exits drive a -46% decline. Recovery begins.
August 6, 2026 — Robinhood officially lists $CASHCAT directly on its brokerage app — bringing the token from Robinhood Chain back to Robinhood the platform, completing the circuit.
Whether $CASHCAT can sustain and build on the listing premium — or whether this follows the pattern of listing-driven spikes that normalise within days — will depend on whether the Robinhood retail audience that now has simple access to the token converts that access into sustained buying demand.
Bottom Line
$CASHCAT’s Robinhood listing is the most significant single catalyst the token has received since Vlad Tenev’s July 8 endorsement of meme trading on Robinhood Chain — and arguably more structurally important, because it provides permanent, ongoing retail access through Robinhood’s brokerage interface rather than a one-time statement.
The peak $212 million market cap touched immediately post-announcement reflects the market’s initial assessment of what that access is worth. The settled $130–$145 million range reflects where genuine sustained demand is currently priced. Whether the gap between the two levels closes upward — as Robinhood’s retail audience discovers and buys the token — or the settled price faces further correction will be determined in the sessions and weeks ahead.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Over 2.56 million Pioneers started the Pi2Day 2026 Ecosystem Quest, with 1.78 million completing all steps.The special-edition Pi2Day badge is now live in Pi Chats and Pi Social Profiles.Pi Network launched three major tools: SoloHost, Pi Sign-in, and PiVerify.Community developers have already deployed 110 apps on SoloHost, reaching over 420,000 Node operators.
Pi Network marked Pi2Day 2026 with its most utility-focused event to date — a two-week Ecosystem Quest that ran from June 28 to July 13, paired with three simultaneous product launches designed to expand Pi’s reach well beyond its existing user base.
The event combined hands-on community education with real infrastructure releases, giving Pioneers direct exposure to new features while developers and external platforms gained access to a new set of tools built on Pi’s verified identity and compute infrastructure.
Pi2day 2026/Source: minepi
This comes alongside broader network developments throughout 2026, including the Protocol v26.1 upgrade, the SLICE Launchpad test distribution, and the ongoing platform build-out that has been central to Pi Network’s roadmap since its 7th anniversary milestone.
Pi2Day 2026 Ecosystem Quest Results
The Pi2Day Ecosystem Quest produced one of the strongest community participation numbers Pi Network has reported for a structured event.
More than 2.56 million Pioneers started the quest. Of those, over 1.78 million completed every step — earning this year’s special-edition in-app badge, which is now accessible directly inside Pi Chats and Pi Social Profiles.
The quest was structured around three core activities, each tied to a specific new feature or functionality:
Exploring SoloHost Apps on Pi Desktop
Pioneers learned how Node operators and Pi Desktop users can run and manage SoloHost applications. This included local AI agents and other utility-layer tools that extend Pi Desktop’s role beyond standard blockchain validation — giving Node operators a new category of productive use for their infrastructure.
Participating in Ecosystem Directory Staking
Users engaged with the refreshed Ecosystem Interface and practiced staking PI to support apps directly. Staking determines app visibility and ranking within the directory, making this a practical introduction to how community engagement shapes the ecosystem’s structure going forward.
Discovering Vibe-Coded Apps
Pioneers explored apps built using external AI tools and Pi App Studio, practiced staking PI to support rankings, and shared favorites in the Vibe Code channel on Fireside Forum. The activity highlighted a new category of app development that lowers the barrier to entry for community builders without traditional coding backgrounds.
The high completion rate across all three activities points to genuine community interest in testing new utilities at launch — rather than passive observation.
Three Major Pi2Day 2026 Releases
Pi Network used Pi2Day 2026 to introduce three infrastructure-level tools. Each targets a different use case, and together they represent Pi’s clearest push yet toward building utility that extends to external developers and platforms.
1. SoloHost
SoloHost is an open, permissionless framework on Pi Desktop that allows developers to build and list applications supporting local AI and, in upcoming phases, distributed computing.
The early Beta phase has already seen meaningful adoption: 110 community-developed apps have been deployed, with potential reach to over 420,000 Pi Node operators and a growing Pi Desktop user base. The permissionless design means any developer can participate without approval gates — an intentional design choice to accelerate ecosystem growth.
2. Pi Sign-in
Pi Sign-in lets Pioneers use their Pi account credentials to authenticate on supported third-party websites and apps outside the Pi Browser. This moves Pi’s identity layer beyond its own ecosystem, giving external platforms access to Pi’s large base of real, verified users — while giving Pioneers a seamless way to carry their Pi identity into the broader internet.
The feature directly addresses one of Pi’s persistent challenges: building relevance and integration points outside its own app environment.
3. PiVerify
PiVerify makes Pi’s real-human verification and KYC infrastructure available to third-party clients as a standalone service. External platforms can integrate PiVerify to reduce fake or duplicate accounts and support compliance requirements — using the verification work Pi has already done across its Pioneer base.
Critically, clients pay for PiVerify access in PI — creating a direct utility demand loop where external adoption generates real token usage. This is one of the more structurally significant revenue models Pi has introduced, as it ties ecosystem growth to currency demand in a measurable way.
What These Releases Mean Together
The three Pi2Day launches — SoloHost, Pi Sign-in, and PiVerify — address three distinct infrastructure layers: compute, identity authentication, and verification services.
By making each of these available to external developers and businesses, Pi Network is attempting to position itself as a useful infrastructure provider rather than a self-contained ecosystem. The strategic logic is straightforward: if outside parties find genuine value in Pi’s services and pay for them in PI, the supply-demand dynamic shifts in the token’s favor over time.
As covered in our earlier analysis of Pi Network’s August unlock pressure, the token faces consistent supply-side headwinds from accelerating unlocks. Utility releases like PiVerify and Pi Sign-in are among the most direct paths to generating the demand-side growth needed to counterbalance that pressure.
Looking Ahead
Pi2Day 2026 delivered on two fronts simultaneously: community engagement through the Ecosystem Quest, and ecosystem expansion through three utility-focused product launches.
The 1.78 million quest completions represent one of the strongest participation rates Pi has seen for a structured activity, while the 110 SoloHost apps already deployed in early Beta indicate developer interest is moving faster than many anticipated.
Pioneers who completed the quest can now display their special-edition badge in Pi Chats and Pi Social Profiles. Developers and external platforms, meanwhile, have a new set of tools — SoloHost, Pi Sign-in, and PiVerify — available to build on and integrate with Pi Network.
Whether the ecosystem traction from these launches translates into meaningful token demand remains the key question, particularly given the supply pressure that continues to characterize PI’s market structure through the remainder of 2026.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Traders are turning bearish, with 53.8% of positions across exchanges now short.Monero is forming a double top, with a breakdown below support targeting $303.A daily close above $365 would invalidate the bearish setup.
Monero’s combination of a technically defined double top on the daily chart, short-side sentiment dominance across five of six major exchanges, and a confirmed rejection from the $365 second peak creates one of the more specific bearish setups visible in the current crypto market. Here is the complete picture — with the specific levels that determine the outcome.
XMR is trading at $353.45 — down -2.27% in 24 hours — with a market cap of approximately $6.64 billion. Despite the near-term bearish setup, XMR remains +11.61% over 30 days — reflecting the genuine demand for privacy assets that has sustained Monero’s relatively strong positioning throughout 2026’s broader altcoin weakness.
Monero (XMR) Price on 05 Aug 2026/Source: Coinmarketcap
Signal 1 — Exchange Sentiment: 53.84% Short Across All Venues
Exchange long/short ratio data provides real-time insight into how traders are positioning across venues — and the current picture shows a consistent short-side bias that aligns with the technical setup:
XMR Long Vs Short Orders on Exchanges/Source: coinank
Reading the
Exchange data shows a slight tilt toward the short side. Across all exchanges, longs account for 46.16% while shorts stand at 53.84%.
The aggregate 53.84% short positioning reflects the market’s current directional lean — participants with active positions in XMR are leaning toward a decline rather than a continuation of the 30-day recovery. This short-side dominance aligns directly with the double top pattern forming on the daily chart.
The contrarian caveat: Heavy short positioning can also create conditions for a short squeeze — if XMR were to break above the $365 resistance with conviction, the concentrated short positions on Bybit, Huobi, Aster, and Hyperliquid would face forced covering that could produce a sharp upward move. This is why the $365 invalidation level carries additional significance beyond pure pattern analysis.
Signal 2 — Double Top on the Daily Chart
The daily chart is showing a classic double top — one of the most recognisable and historically reliable bearish reversal patterns in technical analysis.
XMR’s double top:
Both peaks of XMR’s double top have occurred near $365 — the level where price rejected both times rather than continuing higher. Following the second rejection, price has pulled back to the current $353.45 — approximately -3.2% below the second peak — with the pattern now in the confirmation phase where the key support test will determine the outcome.
Monero (XMR) Daily Chart-Coinsprobe/Source: Tradingview
The $334.68 support — 50-day MA convergence:
The next major support sits at $334.68 — a level made more significant by its convergence with the 50-day moving average. When a key support level and a major moving average align at the same price, the combined significance is greater than either would be independently — more participants reference both levels simultaneously, creating denser demand concentration at that zone.
A sustained break below $334.68 — particularly on a daily closing basis rather than just an intraday wick — would confirm the double top’s breakdown and activate the measured move.
The $303.46 measured move target:
The double top measured move is calculated by projecting the pattern’s height (distance from the neckline to the peaks) below the neckline breakdown point. For XMR’s current pattern, this calculation produces a target of approximately $303.46 — representing approximately -14% downside from the current price of $353.45.
From a historical context, $303 represents a significant psychological level — below the $300 round number that has served as a reference point for Monero in prior cycle periods. A move to $303 would bring XMR back toward levels not seen since before the 30-day recovery that produced the +11.61% gain.
Bearish Scenario — $334.68 Breaks, $303.46 Activates
XMR fails to hold the $334.68 support/50-day MA convergence — with a sustained daily close below this level confirming the double top breakdown. This activates the $303.46 measured move target — approximately -14% additional downside from the current $353.45. The 53.84% short positioning across exchanges would amplify the downside move rather than resist it, as the dominant positioning aligns with the direction of the breakdown.
Bullish Invalidation — Close Above $365
A daily close back above $365 — the level of both double top peaks — would invalidate the bearish setup entirely. This scenario would require XMR to overcome both the double top resistance and the concentrated short positioning on multiple exchanges simultaneously — but if achieved, would signal the pattern has failed and shift the short-term bias back to bullish. The concentrated short positioning on Bybit, Huobi, and Hyperliquid would then become fuel for a short squeeze, potentially accelerating the upside move beyond what a typical breakout might produce.
Bottom Line
Monero’s +11.61% 30-day recovery has stalled at a double top rejection near $365 — with short sentiment at 53.84% across all exchanges and a confirmed second peak failure setting up the classical bearish resolution toward $303.46 (-14%) if the $334.68 support/50-day MA breaks on a sustained basis.
The setup is binary and level-based: $334.68 is the pivot that decides the near-term direction — its break activates the $303.46 target, while a recovery above $365 invalidates the double top entirely and turns the concentrated short positioning into potential short squeeze fuel.
Watch the $334.68–$365 zone closely in the sessions ahead.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
PUMP trades near $0.002507, up 12.3% in 24 hours and 55% over the past month.Pump.fun generated $32.5M in revenue over the last 30 days, ranking among crypto's top fee-generating protocols.The Power of 3 (PO3) pattern remains bullish, with a target of $0.003124 (~25% upside).$0.002162 is the key support level to maintain the bullish structure.
The rotation toward revenue-generating crypto protocols is producing some of the clearest fundamental-plus-technical setups in the current market. Pump.fun — generating $32.46M in monthly revenue as one of DeFi’s most consistently profitable platforms — is simultaneously showing a textbook Power of 3 expansion phase on the daily chart. The two signals reinforce each other in ways that matter for understanding today’s move.
$PUMP is trading at $0.002507 — up +12.25% in 24 hours and +55.15% over 30 days — with a market cap of approximately $990.34 million. The 30-day performance reflects a sustained, multi-week move rather than a single-day spike — the kind of price action that tends to reflect genuine fundamental and technical alignment rather than a brief sentiment-driven catalyst.
PUMP and UNI Prices on 05 Aug 2026/Source: Coinmarketcap
The Broader Context — Revenue-Generating Protocols Leading the Recovery
Pump.fun’s strength is happening within a specific narrative that has been one of the more consistent themes in the current crypto market: the outperformance of protocols with demonstrable, measurable fee generation over narrative-only tokens.
Uniswap (UNI) — up +27.22% over 30 days and trading at $3.94 with a market cap of $2.46 billion — is the most prominent expression of this theme, as we covered in our UNI fee switch and $5.88 target article. The v4 fee switch activation, the third-highest single-day UNI burn, and two days of record on-chain activity confirmed that the market is repricing UNI as a revenue-sharing asset rather than a governance token.
Pump.fun is the second major expression of this theme — and its revenue profile is genuinely extraordinary for a DeFi protocol of its age and market cap.
Pump.fun Revenue: Consistently One of DeFi’s Top Earners
Pump.fun’s fee generation places it among the most profitable protocols in the entire crypto market — not just in the memecoin or launchpad category:
PeriodRevenue24 hours$1.57 million7 days$9.46 million30 days$32.46 million
$32.46 million in 30-day revenue from a platform whose core product is a memecoin launchpad is one of the more remarkable DeFi statistics in the current market. The revenue comes from three primary sources:
Bonding-curve trading fees — Pump.fun’s primary mechanism where traders buy and sell tokens along a mathematical bonding curve before graduation to a full DEX. Every transaction on the curve generates fees for the protocol.
Graduation fees — When a token’s bonding curve fills and the token “graduates” to Raydium or another DEX for open-market trading, Pump.fun collects a graduation fee. The volume of new token launches directly correlates with graduation fee revenue.
Related swap activity — Secondary trading and related swap volume that flows through or references Pump.fun’s infrastructure.
Revenue by Protocol/Source: DefiLlama
Why this revenue profile matters for $PUMP:
As we covered in our should you sell airdrops at TGE or hold analysis — the single most important differentiator between the tokens that delivered long-term returns (Hyperliquid, Uniswap) and those that destroyed value was genuine, measurable protocol revenue. Pump.fun’s $32.46M monthly revenue places it firmly in the category of protocols where token value accrual has a genuine, ongoing fundamental basis — the same category that has outperformed throughout 2026.
As we also covered in our earlier $PUMP Ansem accumulation and Power of 3 article — Ansem’s documented accumulation at the $0.001675 support reclaim and the specific thesis around Pump.fun’s $30–40M monthly revenue and anticipated airdrop catalyst remains intact — and the chart has developed further toward its projected target since that analysis.
Power of 3 Expansion Phase: Already +52%, Still +25% to Target
The Power of 3 (PO3) pattern we identified in our earlier $PUMP analysis has now completed its first two phases and entered the expansion phase — the directional move that represents the pattern’s payoff:
The three phases — updated status:
Phase 1 — Accumulation (complete):
Range High: $0.002162Range Low: $0.001630Smart money built positions within this defined range
Phase 2 — Manipulation (complete):
The flush below $0.001630 to the manipulation low near $0.001997 triggered stop-losses and created the liquidity needed for the expansion phaseThis shakeout removed weak hands at the worst possible price
PUMP Daily Chart-Coinsprobe/Source: Tradingview
Phase 3 — Expansion (currently active):
Price reclaimed the $0.001630 accumulation floor — the trigger that confirmed the manipulation phase was completePrice then reclaimed the accumulation range high at $0.002162 — which has now flipped from resistance to supportFrom the initial PO3 setup entry, $PUMP is already up approximately +52%
Why the $0.002162 flip matters:
The reclaim and hold of $0.002162 as support is the most important technical development since the pattern began. When former resistance converts to support — tested and held from below after the initial breakout above — it confirms the expansion phase is genuine rather than a false move that will revert. The market has effectively re-tested and validated the breakout level.
The remaining measured move:
From the current price of $0.002507, the PO3 measured move target at $0.003124 represents approximately +24.6% additional upside — meaningful continuation from a pattern that has already delivered +52% from the initial setup entry.
Bullish Scenario — $0.002162 Holds, $0.003124 Activates
$PUMP maintains the $0.002162 support level on a sustained closing basis — the expansion phase continues developing as projected — and price builds toward the $0.003124 measured move target (+24.6%). The $32.46M monthly revenue provides the fundamental demand that keeps new buyers engaged rather than allowing the expansion phase to reverse from profit-taking alone. If the anticipated Pump.fun airdrop catalyst materialises — as Ansem specifically cited as a potential repricing trigger in our prior analysis — the target could be reached significantly faster.
Bearish Scenario — Below $0.002162
A sustained daily close below $0.002162 would weaken the expansion phase narrative — suggesting the former resistance has not successfully converted to support and that the expansion phase may be stalling. In this scenario, the $0.001630 accumulation floor becomes the next reference support — a deeper retest of the accumulation zone before the expansion phase can resume.
Bottom Line
Pump.fun’s $32.46M in monthly revenue from its token launchpad infrastructure — combined with a Power of 3 expansion phase that has already delivered +52% and has approximately +25% remaining to its measured target at $0.003124 — creates one of the more complete fundamental-plus-technical setups in the current DeFi token market.
The $0.002162 support is the level that keeps the expansion phase intact. The $0.003124 target is the destination as long as that support holds. Watch whether today’s +12.25% daily move sustains into a weekly close above $0.002162 — that would be the clearest confirmation that the expansion phase is developing as projected.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
LINK trades near $8.16, up 3% over the past month despite remaining down YTD.1.26 million LINK left exchanges in a single day, signaling reduced selling pressure.The weekly chart is mirroring the 2023 accumulation pattern that preceded a 212% rally.A reclaim of $14.43 could open the door to $15.50, while $7.00 remains the key support.
Chainlink’s setup is one of the more precisely documented potential recovery frameworks in the current crypto market — not because of speculation, but because the exact same pattern structure, in the exact same position within the same long-term triangle, on the same asset, produced a documented +212% rally the last time it appeared. That specificity is what makes the current setup worth examining carefully.
LINK is trading at $8.16 — up +2.96% over 30 days and -32.97% year-to-date — with a market cap of approximately $6.11 billion. Despite the YTD decline, LINK has been building a specific technical and on-chain foundation over the past several weeks that mirrors one of the more significant pre-rally setups in its own history.
Chainlink (LINK) Price on 05 Aug 2026/Source: Coinmarketcap
1.26M LINK Exchange Outflows: Largest Since June 29
Santiment data confirms that LINK recorded 1.26 million LINK in net exchange outflows in a single 24-hour period — the largest daily outflow figure since June 29.
Chainlink Exchange Outflow/Source: @SantimentData (X)
What exchange outflows signal:
When LINK moves out of exchange wallets into private wallets or cold storage, it reduces the immediately available sell-side supply on exchange order books. Fewer tokens sitting on exchanges means the market needs to absorb less immediate selling pressure — lowering the probability of sharp downside moves driven by exchange-side liquidations.
The scale of today’s outflow — 1.26 million LINK in a single day — is not routine. It represents deliberate, large-scale movement of tokens away from trading venues and into longer-term holding positions. As we documented in our Chainlink whale accumulation and 75% upside article — LINK whale holdings have been at all-time highs, and the exchange outflow data provides the on-chain mechanism through which that accumulation is occurring.
The fundamental backdrop:
The timing of the outflow aligns with two significant institutional developments:
DTCC’s first production tokenized securities trades — The Depository Trust & Clearing Corporation — the central clearing and settlement infrastructure for US securities markets — processed its first production trades of tokenized US securities with Chainlink among the technology providers. This is not a pilot or proof-of-concept — it is live, production-environment use of Chainlink infrastructure in the world’s largest securities settlement system.
CCIP expansion to Canton and Robinhood Chain — Chainlink’s Cross-Chain Interoperability Protocol continues expanding institutional and crypto network support — with Canton (the institutional DeFi network) and Robinhood Chain both adding CCIP integration. As we covered in our Robinhood Chain DEX volume article — Robinhood Chain’s explosive growth makes it a meaningful addition to CCIP’s coverage.
The Long-Term Symmetrical Triangle and the 2023 Fractal
The weekly chart provides the analytical framework that has been building since our Chainlink strongest network growth of 2026 and double bottom article — and the setup has now developed further toward the structural inflection point that makes it most actionable.
The long-term symmetrical triangle:
Since Chainlink’s 2021 all-time high near $52.99, the weekly chart has been forming a massive long-term symmetrical triangle — defined by a descending upper resistance trendline connecting successive lower highs and an ascending lower support trendline connecting successive higher lows. This multi-year structure is one of the largest consolidation patterns visible on LINK’s chart.
Chainlink (LINK) Weekly Chart 05 Aug 2026/Coinsprobe (Source: Tradingview)
The most recent triangle leg:
The latest downward move within the triangle ran from the August 2025 high of $27.865 — the rejection from the upper descending resistance — all the way down to test the lower support trendline near $7.00, where LINK stabilised and began the current consolidation.
The 2023 parallel — the setup that preceded +212%:
The most important element of LINK’s current setup is not the symmetrical triangle itself — it is where within that triangle LINK is currently trading and how precisely that position mirrors a prior historical instance.
In 2023, LINK consolidated in a $4.92–$10.22 accumulation zone at the lower boundary of the same long-term triangle — a period characterised by depressed price, strong on-chain accumulation by large holders, and the market broadly ignoring fundamental developments. That 2023 accumulation phase was followed by:
A reclaim of the 100-week moving average — which served as the specific confirmation triggerA breakout above the upper triangle resistance trendlineA +212% rally — one of LINK’s most powerful sustained moves on record
LINK’s current position:
LINK is currently consolidating in a $7.00–$10.86 zone — almost identical in structure, in identical position at the lower triangle boundary, with comparable accumulation behaviour visible in the on-chain data.
Element2023 Setup2026 Current Setup Accumulation zone$4.92–$10.22 $7.00–$10.86 Position in triangle Lower boundary Lower boundary 100-week MA status Below — awaiting reclaim Below at $14.43 — awaiting reclaim On-chain accumulation Strong Stronger than 2023 Subsequent move +212% Pending
The on-chain accumulation data is particularly notable: as we covered in our whale accumulation all-time high article — smart money accumulation is exceeding anything seen in the 2023 cycle, adding weight to the structural parallel rather than undermining it.
Bullish Scenario
LINK holds the $7.00 lower trendline and continues building within the $7.00–$10.86 accumulation zone — mirroring the 2023 base-building phase. A sustained weekly close above the 100-week MA at $14.43 provides the confirmation trigger — putting the upper triangle resistance at $15.50 (+87%) as the first target. A decisive break above $15.50 activates the larger expansion move that the 2023 +212% parallel suggests — bringing the August 2025 high of $27.865 back into the medium-term conversation.
Bearish Scenario
A sustained weekly close below the $7.00 lower triangle support invalidates the symmetrical triangle’s lower boundary — breaking the structural foundation of the accumulation thesis. In this scenario, lower historical support levels become the reference points before any recovery attempt becomes credible. The 2023 fractal parallel would be invalidated, and the next relevant accumulation zone would need to be established at lower price levels.
Bottom Line
Chainlink at $8.16 is sitting at the intersection of a precise historical fractal — the same lower boundary accumulation zone that preceded a +212% rally in 2023 — and the largest daily exchange outflow since June 29, with institutional fundamental developments (DTCC production tokenized securities, CCIP on Robinhood Chain and Canton) providing the underlying demand thesis.
The critical question for coming weeks: can LINK hold $7.00 and build enough base to reclaim the 100-week MA at $14.43 — the trigger that in 2023 confirmed the accumulation phase was transitioning to expansion? Or does selling pressure return and break the lower trendline?
The setup has happened before on this exact asset in this exact structural position. Whether 2026 follows 2023’s script will be determined by whether $7.00 holds and whether the 100-week MA eventually confirms.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
ICP trades near $2.10, up 1.9% in 24 hours despite remaining down YTD.Weekly transactions have surged over 900% since June, reaching 1.3 billion, signaling strong network growth.ICP is forming a descending triangle, with a breakout above $2.15 targeting $3.31 (+55%).A drop below $1.99 would invalidate the bullish setup.
Internet Computer is presenting one of the most significant divergences between on-chain fundamental performance and price action in the current crypto market — weekly transactions growing from 128 million to 1.3 billion in eight weeks while price consolidates in a tight technical range. How that divergence resolves is the question the $2.15 resistance level will answer.
ICP is trading at $2.10 — up +1.93% in 24 hours, -3.43% over 30 days, and -25.94% year-to-date — with a market cap of approximately $1.16 billion. The modest daily gain and the tight consolidation range visible on the daily chart belie an on-chain activity profile that is growing at an extraordinary pace.
ICP Price on 04 Aug 2026/Source: Coinmarketcap
Weekly Transactions: 128 Million to 1.3 Billion in 8 Weeks
The on-chain metric that most demands attention for ICP right now is not subtle — it is one of the most dramatic weekly transaction growth trajectories visible in the current crypto market:
PeriodWeekly TransactionsEarly June 2026~128.3 millionWeek ending August 2, 2026~1.3 billionGrowth+913% in ~8 weeks
From 128.3 million to 1.3 billion weekly transactions in approximately eight weeks — a more than 10x increase in network usage in under two months — is not a gradual adoption curve. It is a step-change in network activity that reflects either a major new application gaining traction, a significant infrastructure improvement enabling new use cases, or a combination of both.
Internet Computer Transactions/Source: artemis
Why this matters for the price thesis:
ICP’s architecture — a high-throughput blockchain designed to run applications and store data at internet scale — means transaction volume directly reflects how much computational work the network is performing. A 10x increase in transactions represents 10x more applications running, 10x more user interactions, and 10x more demand for ICP as the network’s gas and staking token.
This is exactly the kind of on-chain growth that precedes price discovery — when the market eventually prices in the scale of network utilisation relative to the token’s current valuation. At $2.10 with a $1.16 billion market cap, a network processing 1.3 billion transactions per week is either significantly undervalued relative to comparable networks or the transaction growth needs to sustain and convert into fee demand to fully justify the repricing.
The growth trajectory — consistently stepping up week over week — suggests this is sustained adoption rather than a one-time spike.
Descending Triangle With a Constructive Historical Parallel
The daily chart is showing a descending triangle — a pattern that carries a default bearish interpretation but whose prior iteration on ICP’s own chart produced a significant bullish outcome.
Understanding the descending triangle:
A descending triangle is characterised by a flat lower horizontal support and a declining upper resistance trendline — where price makes lower highs while the support holds, creating a compression that must eventually resolve in one direction. The pattern is typically considered bearish because the progressively lower highs suggest sellers are becoming more aggressive relative to buyers — but it resolves upward more often than its bearish reputation suggests when supported by strong fundamentals.
Internet Computer (ICP) Daily Chart – Coinsprobe/Source: Tradingview
ICP’s current triangle:
The flat support sits near $1.99 — the horizontal level that has held through multiple tests during the current consolidation phase. The declining upper resistance trendline has been capping every recovery attempt, with the near-term (mini) descending resistance now sitting near the $2.15 area.
The historical parallel — the prior 54% breakout:
The constructive element of ICP’s current setup is a direct historical precedent on the same chart. ICP previously spent approximately 50 days in a corrective phase inside a similar descending structure — before breaking higher for approximately a +54% move. The structural similarity between that prior consolidation and the current one provides a specific, documented reference point for what the bullish resolution of this pattern looks like on ICP specifically.
This is not a generic “descending triangles sometimes break upward” observation — it is a comparison to the same asset’s prior behaviour in an almost identical pattern, which adds meaningful credibility to the bullish scenario.
The $2.15 breakout trigger:
A sustained break and hold above the near-term resistance trendline near $2.15 — ideally confirmed with elevated volume — would signal that the descending triangle is resolving to the upside rather than the downside. This is the specific price event that activates the bullish scenario and puts the measured move target in play.
The $3.31 measured move target:
The pattern’s measured move — projecting the triangle’s height above the $2.15 breakout level — produces a target of approximately $3.31. From the current price of $2.10, reaching $3.31 represents approximately +55% upside — consistent with the prior breakout’s +54% move and reinforcing the historical parallel.
The $1.99 support floor:
The horizontal support near $1.99 is the level that must hold to maintain the descending triangle’s structure and keep the bullish scenario viable. A sustained daily close below $1.99 would confirm the triangle has resolved bearishly — validating the pattern’s default interpretation and opening the door to further downside without a clear support reference immediately below.
Bullish Scenario — Break Above $2.15, Target $3.31
ICP holds the $1.99 horizontal support — the declining upper resistance continues to compress price toward the apex — before a volume-confirmed break above $2.15 signals the bullish resolution. The measured move activates toward $3.31 (+55%), mirroring the prior +54% breakout from the same pattern type on the same chart. The 1.3 billion weekly transaction volume provides the fundamental justification for the repricing as the market catches up to on-chain usage growth.
Bearish Scenario — Below $1.99
A sustained daily close below $1.99 confirms the descending triangle has resolved bearishly — consistent with the pattern’s default interpretation. In this scenario, the horizontal support has been broken, the bullish thesis requires reassessment, and further downside pressure follows without a clear technical floor immediately visible below the $1.99 level.
Bottom Line
Internet Computer is running one of the more striking on-chain growth stories in the current market — weekly transactions growing from 128 million to 1.3 billion in eight weeks — while price consolidates in a descending triangle that previously resolved with a +54% breakout on the same chart. The $2.15 resistance trendline is the specific level that determines which version of this story plays out: the +55% measured move toward $3.31, or the triangle’s bearish resolution below $1.99 support.
Watch $2.15 for the breakout that activates the upside. Watch $1.99 for the breakdown that ends the near-term bullish case.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
DOT trades near $0.8326, up 4.85% in 24 hours as Layer-1 tokens rally.Polkadot transactions have climbed to nearly 400K, signaling stronger on-chain activity.DOT has broken out of a falling wedge, with a technical target of $2.03 (+142%).Bulls need to hold the breakout and reclaim the 100-day MA near $1.02 to confirm further upside.
Polkadot’s +4.85% daily move is not happening in isolation — it is part of a broader rotation back into older-generation Layer-1 tokens that has been one of the more notable developments across the altcoin market in the past 24 hours. The falling wedge breakout and improving network activity give this move a specific analytical foundation beyond pure sector momentum.
DOT is trading near $0.8326 — up +4.85% in 24 hours — with a market cap of approximately $1.41 billion. Despite the near-term recovery, DOT remains -53.46% year-to-date — one of the steeper YTD declines among the major Layer-1 assets — which also means it carries some of the most significant potential upside if the sector rotation develops into a sustained recovery.
Polkadot (DOT) Price on 04 Aug 2026/Source: Coinmarketcap
Rising Network Activity Approaching March Peak
On-chain data from Artemis provides the fundamental backdrop that gives the technical setup more credibility than a purely price-driven momentum move:
Metric Data DOT transactions (end of July 2026)397,300 Direction Continuing higher2026 peak (March)~444,700 Distance to peak~47,400 transactions (-10.7%)
Polkadot’s transaction count reaching 397,300 by the end of July — and continuing to climb — positions the network within striking distance of its March 2026 peak of approximately 444,700. This is the kind of organic, on-chain activity growth that distinguishes a genuine network recovery from a purely price-driven speculative move.
Why approaching the March peak matters:
March 2026 was DOT’s peak network activity month of the year — a period that coincided with a higher price level. The fact that transaction counts are now approaching that same level while price is significantly below the March levels suggests that network usage has shown more resilience than price — a divergence that historically precedes price catching up to on-chain fundamentals rather than on-chain metrics falling back to match price.
Steady, improving transaction counts after a prolonged period of softer metrics signal that Polkadot’s ecosystem is genuinely attracting and retaining users — not just experiencing temporary activity spikes around specific events.
Polkadot Transactions/Source: artemis
Falling Wedge Breakout
The technical structure providing the specific, level-based framework for DOT’s current move is a falling wedge breakout on the daily chart — the same pattern type we identified for Cardano’s recovery and Dogecoin’s setup in recent coverage.
The falling wedge structure:
DOT’s daily chart formed a falling wedge during the extended corrective phase — with the lower support trendline holding near $0.7424 and the upper resistance trendline capping recovery attempts near $0.7880. The converging trendlines reflected diminishing selling momentum as the correction approached its natural exhaustion point.
The breakout:
DOT has cleared the upper resistance trendline near $0.7880 — the specific technical event that activates the pattern’s measured move. This breakout follows the rebound from the $0.7424 lower support — the floor that held during the pattern’s formation and whose defence was the prerequisite for any bullish resolution.
Polkadot (DOT) Daily Chart – Coinsprobe/Source: Tradingview
The three-step confirmation sequence:
Step Level Status Step 1 — Breakout above upper trendline~$0.7880CompletedStep 2 — Retest of $0.7880 as support~$0.7880Currently developing Step 3 — Reclaim of 100 MA~$1.02Pending
The most important near-term event is the Step 2 retest — where price pulls back toward $0.7880 to test whether the broken resistance has now become support. A successful hold above $0.7880 during this retest would be the cleanest confirmation that the breakout is genuine. A failure to hold — a sustained close back below $0.7880 — would suggest the breakout was a false move requiring reassessment.
The $1.02 100 MA — the critical intermediate gate:
Between the current price and the $2.032 measured move target sits the 100-period moving average at approximately $1.02 — the first major resistance that DOT needs to reclaim to confirm the recovery is developing into a sustained move rather than a brief bounce. A sustained close above the 100 MA would be the technical confirmation that separates a genuine recovery from a temporary counter-trend move.
The $2.032 measured move target:
The falling wedge measured move — projecting the pattern’s height above the $0.7880 breakout level — produces a target of approximately $2.032. From the current price of $0.8326, this represents approximately +142% upside — a meaningful but historically proportionate move for Polkadot from a confirmed falling wedge breakout at this stage of its cycle.
Bullish Scenario
DOT successfully retests the $0.7880 breakout trendline — holding above it with a sustained close — and begins building toward the 100 MA at $1.02. A confirmed reclaim of the 100 MA with rising volume would validate the falling wedge resolution and activate the $2.032 measured move target as the primary destination. This scenario aligns with the broader older L1 rotation narrative and is supported by the improving on-chain transaction count approaching the March peak.
Bearish Scenario
A sustained daily close below the $0.7424 lower wedge trendline — particularly if it follows a failed retest of $0.7880 — would invalidate the falling wedge breakout entirely. This would confirm the correction has not yet found its true bottom and that the pattern requires a reset to a lower base before any genuine recovery can develop.
Bottom Line
Polkadot’s +4.85% move — joining a broad older-generation L1 recovery that has taken ADA, ATOM, ALGO, and AVAX each above +5% in 24 hours — is supported by three converging signals: a sector-wide rotation back into established Layer-1 assets, Artemis on-chain data showing July transactions at 397,300 and approaching the March peak, and a daily falling wedge breakout above $0.7880 with a clear $2.032 measured move target.
The roadmap is sequential and level-based: $0.7880 retest must hold → $1.02 100 MA must be reclaimed → $2.032 activates. The $0.7424 lower trendline remains the invalidation that ends the bullish thesis if broken.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
PI trades near $0.0826, down 28.5% over the past month as selling pressure persists.August will unlock 127.96 million PI (~$10.56M), with even larger unlocks scheduled through November.Around 1.7 billion PI (~$140.7M) is set to unlock over the next 12 months, increasing supply pressure.PI is forming a potential rounding bottom, with $0.0702 as key support and $0.1044 as the first major resistance.
Pi Network’s price decline is one of the more structurally clear stories in the current crypto market — a combination of accelerating token unlocks creating consistent supply expansion and insufficient demand to absorb it, playing out against the backdrop of a challenging broader altcoin environment. Understanding the unlock schedule is essential to understanding the price trajectory.
PI is trading at $0.08261 — down -4.03% in 24 hours, -28.51% over 30 days, and -59.63% year-to-date — with a market cap of approximately $908 million. Despite meaningful ecosystem development progress throughout 2026 — including the Pi2Day SoloHost, Pi Sign-in, and PiVerify launches, the Protocol v26.1 upgrade, and the SLICE Launchpad distribution — the token price has continued declining as supply growth consistently outpaces demand.
Pi Network (PI) Price on 03 Aug 2026/Source: Coinmarketcap
The Core Problem — Accelerating Token Unlocks
The most concrete and data-backed explanation for PI’s sustained price weakness is its token unlock schedule — which is not merely continuing but accelerating through the remainder of 2026 and beyond.
Monthly unlock comparison:
PI Monthly Token Unlock Data/Source: piscan
The trend is unmistakable: Monthly unlocks have grown from $6.33M in June to a projected $12.30M in November — a +94% increase in monthly supply addition over six months. Each month brings more new PI into circulation than the month before.
The 12-month picture:
Over the next 12 months, a total of 1.705 billion PI tokens will unlock — worth approximately $140.7 million at current prices. The average monthly unlock across this period is approximately 17.2 million PI (~$1.42 million per month), with the largest single-month event expected in December 2027 at over 432 million PI (~$35.7 million).
Pi Unlock Stats/Source: piscan
Why this matters for price:
Token unlocks matter because they increase the circulating supply available for selling. Many of the recipients of PI unlocks — early miners, ecosystem participants, and investors who received tokens at effectively zero cost — have a profit incentive at virtually any price above zero. As each month brings additional supply without a corresponding increase in buyer demand, the price faces persistent downward pressure.
As we covered in detail in our PI all-time low and market cap below $1 billion article — this supply-demand imbalance has been the primary structural driver of PI’s decline from its $2.9816 all-time high. Until either unlock pace slows materially or demand grows significantly to absorb the supply, the structural headwind persists.
August 2026 — The Unlock to Watch
The August unlock of 127,961,914 PI (~$10.56 million) represents a +23.4% increase from July’s 103,698,393 PI — the largest month-over-month step-up in the near-term schedule.
At the current price of $0.08261, $10.56 million in new PI entering the market represents approximately 1.16% of the current total market cap being unlocked in a single month — a meaningful float expansion that, absent equivalent new buying demand, creates direct mathematical downward pressure on price.
The unlock does not mean all 127 million PI will be immediately sold — recipient behaviour varies, and some holders will retain tokens with long-term conviction. But even if only a fraction of recipients sell, the supply addition into current thin demand conditions is a consistent price headwind.
PI Coin Technical Analysis
Despite the challenging fundamental backdrop, the daily chart is showing a technical structure worth monitoring — a potential rounding bottom pattern forming after PI’s extended downtrend.
What a rounding bottom means:
A rounding bottom (also called a “saucer bottom”) is a bullish reversal pattern characterised by a gradual, U-shaped price curve — where the rate of decline slows, price stabilises at a low, and then begins a symmetric gradual recovery. Unlike sharp V-shaped reversals, rounding bottoms form over extended periods and reflect a slow but genuine shift in the balance between sellers and buyers.
For a rounding bottom to be valid, the pattern requires:
A clearly defined low area (the bottom of the U)Gradual, symmetric recovery from that lowA confirmed breakout above the neckline resistance level
PI’s current rounding bottom stage:
PI appears to be in the base-formation phase of this pattern — with the price action gradually stabilising in the $0.07–$0.09 zone after the extended downtrend. The pattern is not yet confirmed — confirmation requires specific level reclaims detailed below.
Pi Network PI Coin Daily Chart – Coinsprobe/Source: Tradingview
Critical support — $0.07020 (All-Time Low):
This is the single most important level in PI’s current chart structure. The all-time low at $0.07020 represents both the technical support floor and the psychological level whose break would signal that the decline has not yet found its true bottom. A sustained daily close below $0.07020 would invalidate the current rounding bottom thesis and significantly weaken the bullish structure — putting a new all-time low in focus without a clear support reference below.
First resistance — 50-day MA at $0.10444:
The 50-day moving average at approximately $0.10444 is the first meaningful resistance PI needs to overcome for the rounding bottom to develop constructively. A sustained reclaim of the 50 MA — ideally accompanied by rising volume — would be the first technical signal that the bottom formation is transitioning toward the recovery phase.
From the current price of $0.08261, reaching the 50 MA requires approximately +26.4% upside — a meaningful move but achievable if demand conditions improve.
Neckline resistance — $0.1919–$0.1998:
A decisive break and sustained hold above the $0.1919–$0.1998 neckline zone would complete the rounding bottom pattern — representing approximately +130% to +140% upside from the current price. This level is also significant as the zone where our prior analysis identified key support that PI needs to reclaim for meaningful recovery.
Bullish Scenario
PI holds the $0.07020 all-time low support — the rounding bottom base completes — and price begins a gradual recovery toward the 50-day MA at $0.10444. A sustained reclaim of the 50 MA with rising volume would confirm the pattern is developing and open the path toward the $0.1919–$0.1998 neckline zone as the full pattern target. This scenario requires either a slowdown in unlock-driven selling pressure or a significant increase in demand — potentially from a Tier-1 exchange listing, accelerated KYC completion, or broader altcoin market recovery.
Bearish Scenario
A sustained daily close below the $0.07020 all-time low would invalidate the rounding bottom structure — confirming that the current stabilisation is insufficient to absorb the ongoing unlock supply and that PI has not yet found its true bottom. In this scenario, the bullish setup requires a complete reset to a lower base before any recovery attempt becomes technically credible.
What Would Change the Narrative
As we covered extensively in our PI recovery above $1 analysis — the path to recovery requires demand catalysts that match or exceed the scale of the supply pressure from unlocks. The most likely candidates:
Tier-1 exchange listing: A Binance or Coinbase listing would bring a significant new buyer audience and create the kind of demand spike that could absorb multiple months of unlock supply simultaneously. This remains the most frequently cited near-term catalyst that has not yet materialised.
Accelerated KYC completion: Reducing the KYC backlog that has been one of the most consistent Pioneer frustrations throughout 2026 would activate a larger proportion of the existing community as active participants — as we covered in our Protocol v25 and Dark Mode article.
Ecosystem adoption: If the App Studio, SoloHost, PiVerify, or Pi Sign-in tools attract genuine external developer and business adoption — generating real PI utility demand — the supply-demand dynamic would begin shifting.
Broader altcoin recovery: A risk-on rotation into altcoins would lift PI alongside the broader market, providing the macro tailwind that individual token-specific catalysts cannot fully substitute for.
Bottom Line
Pi Network’s position at $0.08261 reflects a structurally clear market dynamic: accelerating token unlocks — growing from $6.33M in June to a projected $12.30M in November — consistently adding supply into a market where demand has not kept pace. The August unlock of $10.56 million is the latest and largest step in this acceleration.
The daily chart’s potential rounding bottom offers a technically defined recovery framework — but it requires the $0.07020 all-time low to hold and the 50-day MA at $0.10444 to be reclaimed before the pattern carries genuine confirmatory weight. Until either the supply dynamic changes or a significant demand catalyst materialises, the structural headwind persists.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Kaspa (KAS) trades near $0.0265, down about 38% YTD, in line with the broader altcoin market.The Toccata hard fork added KRC-20 tokens, native covenants, ZK proofs, and smart contract capabilities.A declining hashrate has increased selling pressure as unprofitable miners exit the network.Despite recent weakness, Toccata strengthens Kaspa's long-term outlook as a programmable PoW Layer-1.
Kaspa’s -38% YTD decline is painful — but understanding its causes requires separating what is Kaspa-specific from what is simply 2026’s broader crypto market reality. The analysis below does exactly that.
KAS is trading near $0.0265 — down approximately -38% year-to-date — in a year where Ethereum itself has lost approximately the same percentage. This comparison matters: when the second-largest cryptocurrency by market cap is down -38%, mid-cap and smaller Proof-of-Work projects like Kaspa face amplified selling from the same risk-off forces — plus their own token-specific headwinds on top.
ETH and KAS Price on 03 Aug 2026/Source: Coinmarketcap
Reason 1 — Broader Market Weakness (The Primary Driver)
The single largest factor in KAS’s 2026 decline is not Kaspa-specific — it is the same macro and crypto market environment that has weighed on virtually every non-Bitcoin asset this year.
2026’s risk-off environment has been characterised by sustained pressure across altcoins — a combination of risk-off macro sentiment, a stronger US dollar reducing global liquidity, and Federal Reserve policy that has kept rate cut expectations subdued for most of the year. We documented the scale of this in our 5-year altcoin sell pressure extreme article — $209 billion in net outflows with only 36 of the top 100 altcoins remaining profitable for holders.
Kaspa as a high-beta asset amplifies Bitcoin’s moves in both directions — rising faster in bull markets and falling harder in bear ones. In an environment where Bitcoin itself has declined -26% year-to-date, KAS’s -38% decline is broadly consistent with its historical beta relationship to the broader market. The comparison to Ethereum (-38% YTD) is not coincidental — both assets are pricing in the same macro headwinds at similar magnitudes.
Reason 2 — “Sell the News” After the Toccata Upgrade
The Toccata hard fork — Kaspa’s most significant protocol upgrade to date — activated on June 30, 2026, delivering native programmability, KRC-20 tokens, and ZK capabilities. By every technical measure, this was a successful and consequential upgrade.
The price reaction was the opposite of what the technical significance might suggest — a classic “sell the news” dynamic.
Why this happened: In the weeks leading up to the Toccata activation, KAS had been trading with positive momentum as anticipation of the upgrade built — traders and investors buying in expectation of the technical milestone. Once the upgrade went live and delivered what was promised, the most natural next action for short-to-medium term holders who had positioned for the catalyst was to exit with profits. The absence of a new immediate catalyst post-activation left price vulnerable to this profit-taking wave.
This pattern — where a highly anticipated technical upgrade triggers selling rather than buying at the moment of delivery — is one of the most documented dynamics in crypto markets. The upgrade itself was not the problem. The market’s positioning ahead of it was.
Reason 3 — Weak Ecosystem Retention Post-Toccata
Beyond the sell-the-news dynamic, the post-Toccata ecosystem metrics have not yet provided the sustained demand signals that would support price recovery:
Early KRC-20 activity faded rapidly — the initial launch of KRC-20 tokens on Kaspa generated significant attention and trading volume in the first days and weeks after Toccata activation. But early-stage token launches on newly programmable chains frequently follow the same pattern: explosive initial interest followed by sharp normalisation as the novelty fades and only genuine use cases survive. Kaspa’s KRC-20 ecosystem is still in this early normalisation phase.
Reason 4 — Miner Capitulation and Falling Hashrate
The Kaspalytics hash rate chart provides the clearest visualisation of Kaspa’s current mining economics challenge — and why it creates structural selling pressure on top of the market-driven decline.
Chart: Kaspa Hash Rate (EH/s) vs KAS Price (USD) | Source: Kaspalytics.com
Reading the chart:
The blue line (hash rate) shows Kaspa’s network hash rate rising dramatically from approximately 0.05 EH/s in September 2023 to a peak of approximately 1.50 EH/s in December 2024 — a 30x expansion driven by the combination of rising KAS price and the deployment of purpose-built ASIC mining hardware.
From that December 2024 peak, the hash rate has declined consistently — falling to approximately 0.30 EH/s by mid-2026 — as the combination of falling KAS price and competitive mining economics forced less efficient equipment offline.
The grey line (KAS price) shows the same trajectory — peaking near $0.28–$0.30 in late 2024 and declining to the current ~$0.0265–$0.04 range.
Why falling hashrate creates selling pressure:
Miners who remain operational at current prices face a difficult economics equation. With KAS at ~$0.0265 and many miners operating at or near their break-even cost, the incentive to immediately sell mined KAS for fiat to cover electricity and operational costs is high. This creates a consistent, daily supply of KAS entering the market from miners — a structural selling pressure that exists independently of trading sentiment.
As hashrate continues declining, this miner-driven supply should gradually reduce — fewer active miners means less daily mined supply being sold. But the transition is not immediate, and in the near term the miner capitulation dynamic remains a headwind.
What Is the Toccata Upgrade — The Full Technical Picture
For readers unfamiliar with what Kaspa delivered on June 30 — here is a complete breakdown of Toccata’s changes and why they matter:
Before Toccata: Kaspa was primarily a high-speed Proof-of-Work payments network, known for its BlockDAG architecture that achieves 10 blocks per second with high security. Impressive technically — but limited in programmability compared to smart contract platforms.
After Toccata: Kaspa is a programmable Layer-1 with native covenant support, token issuance, ZK verification, and app-specific sequencing — while keeping its high-throughput PoW design intact.
Feature What It Enables Native Covenants Programmable spending rules on UTXOs — vaults, escrow, automated payments, stateful applications Covenant IDs Persistent identity for covenant UTXOs — true state continuity Silver Script High-level language that compiles to native Kaspa script — makes building safer and more accessibleKRC-20 Tokens Native token standard embedded in the UTXO model — atomic transfers, lower friction ZK Proof Verification Native verification of Groth16 and RISC Zero proofs — privacy apps, trust-minimized bridges, verifiable computation Partitioned Sequencing (KIP-21)App-specific sequencing lanes — better scalability for applications Transaction v1 + Introspection Expanded scripting power — more flexible and powerful smart logic
The key architectural distinction: Kaspa did not adopt an EVM-style account model. It remains UTXO-based. Covenants allow UTXOs themselves to carry and enforce state rules — a different and potentially more efficient approach to programmability than Ethereum’s account model. This means Kaspa’s programmability is not EVM-compatible by design — a trade-off that preserves its core architecture but limits immediate developer portability from the Ethereum ecosystem.
How Toccata Positions Kaspa for the Next Cycle
The current price weakness creates a documented “build during the bear market” dynamic — where technical progress accumulates during price depression before being reflected in price during the next risk-on environment. Toccata’s improvements position Kaspa for that eventual cycle in several specific ways:
Expanded utility narrative: Kaspa is no longer “the fast PoW coin.” It can now support DeFi, NFTs, native assets, privacy applications, and verifiable computation. This materially expands the addressable market and the types of capital that might eventually flow to KAS.
Higher on-chain demand potential: As applications grow, users need KAS for transaction fees, token minting, covenant interactions, and network security. Increased usage creates genuine, organic token demand rather than pure speculative demand.
Improved miner economics over time: Growing fee revenue from application activity reduces miners’ dependence on block rewards alone — supporting network security even as emissions continue declining.
Developer magnet in a risk-on environment: When capital rotates back into altcoins, projects with strong technical foundations combined with newly added programmability have historically attracted disproportionate attention. Kaspa’s “scalable programmable PoW L1” narrative is more compelling than its pre-Toccata “fast payments chain” positioning.
Grok’s View – Bottom Line
The AI analysis summary captured in the image frames the situation precisely:
“Kaspa’s ~38% YTD decline is mostly a reflection of the difficult 2026 crypto market rather than a rejection of the technology. The Toccata upgrade successfully delivered native programmability, KRC-20 tokens, and ZK capabilities while keeping Kaspa’s high-throughput Proof-of-Work design intact. The real test now is adoption. If developers build meaningful applications and the broader altcoin market turns positive, Kaspa is far better positioned than it was as a pure payments chain. Until then, price is likely to remain sensitive to overall market liquidity and risk appetite.”
This framing is accurate and useful. The -38% decline is primarily a macro and market structure story — not a Kaspa technology failure. Toccata delivered what it promised. The question now is whether the ecosystem can attract the developer activity and application adoption that would translate the technical upgrade into sustained on-chain demand.
Source: Grok analysis screenshot
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Binance will delist six tokens—ACX, HFT, PIVX, PYR, VANRY, and VIC—on August 17, 2026.The announcement triggered sharp sell-offs, with losses of up to 23% across the affected tokens.Binance said the removals followed its regular listing review process.Users should withdraw or convert affected tokens before the delisting deadline.
Binance has announced the delisting of six cryptocurrencies from its platform. All spot trading pairs for the following tokens will be removed at 03:00 UTC on August 17, 2026:
Token Symbol Across Protocol ACX Hashflow HFT PIVX PIVX Vulcan Forged PYR Vanar Chain VANRY Viction VIC
Full official announcement: binance.com
Why Binance Is Delisting These Tokens
In its official notice, Binance stated that it regularly reviews all listed digital assets to ensure they continue meeting the exchange’s listing standards — covering factors including trading volume, liquidity, development activity, team transparency, and regulatory compliance.
When a project no longer satisfies these criteria — or when market conditions shift in ways that reduce the token’s suitability for the platform — Binance may decide to delist. The stated goal is to protect users and maintain a healthier trading environment by focusing the platform’s liquidity and attention on projects with stronger ongoing fundamentals.
Binance did not cite specific reasons for each individual token’s removal — which is standard practice for the exchange’s periodic delisting announcements. The affected projects span a range of categories: cross-chain bridging infrastructure (ACX), DEX aggregation (HFT), privacy (PIVX), gaming (PYR), Layer-1 infrastructure (VANRY and VIC) — suggesting this is a broad liquidity and activity review rather than a targeted action against a specific category.
Market Reaction — All Six Tokens Decline Sharply
The delisting announcement triggered immediate selling pressure across all six affected tokens — as holders rushed to exit positions before liquidity conditions deteriorate further:
Binance Delisting Tokens Prices on 03 Aug 2026/Source: Coinmarketcap
PIVX and PYR have seen the sharpest declines — both down more than -22% — reflecting either the highest concentration of Binance-dependent liquidity for these specific tokens or the greatest seller urgency among their respective holder bases.
ACX and VANRY have held up relatively better in the immediate 24-hour window — though both remain significantly lower and the selling pressure is likely to continue as the August 17 deadline approaches and holders continue exiting.
The pattern here is consistent with prior Binance delisting events — the immediate 24-hour decline is rarely the full extent of the move. As the deadline approaches and liquidity dries up on the platform, further downward pressure typically follows as remaining holders exit into an increasingly thin order book.
What Binance Delisting Means in Practice
For holders unfamiliar with the mechanics of an exchange delisting — here is what happens and when:
Trading pairs removed: All spot trading pairs for the six tokens are removed at 03:00 UTC on August 17, 2026. After this point, you cannot buy or sell these tokens on Binance.
Open orders cancelled automatically: Any open limit orders, stop-loss orders, or other pending orders will be cancelled automatically at the delisting time. You will not need to cancel them manually — but you also will not receive execution on them.
Deposits and withdrawals phased out: Binance will phase out deposit and withdrawal support for these tokens on a separate schedule — typically announced after the trading delisting. Once withdrawal support ends, you will no longer be able to move tokens from Binance to an external wallet through the standard interface.
The critical window: The period between now and August 17 is when you have the most options and the best liquidity. Acting early gives you better prices, more time to troubleshoot technical issues, and more choices about where to move funds.
What Holders Must Do — Action Guide
If you hold any of these six tokens on Binance, take one of the following actions before August 17:
Option 1 — Withdraw to a personal wallet:Transfer your tokens to a self-custody wallet (hardware wallet or software wallet) where you retain full control. This preserves your position if you believe the token has long-term value outside of Binance’s platform.
Option 2 — Convert to other assets:Sell the delisted tokens on Binance while liquidity and trading remain available — converting into stablecoins (USDT, USDC), Bitcoin, Ethereum, or other assets you wish to hold. This is the simplest approach for holders who do not have strong conviction in the individual token’s long-term prospects.
Option 3 — Transfer to another exchange:If the token is listed on other centralised exchanges (Bybit, OKX, KuCoin, Gate.io, etc.) — you may be able to withdraw from Binance and continue trading on another platform. Check availability before initiating the transfer.
The recommendation: Act well before August 17 — not on August 17 itself. The days immediately before a delisting deadline typically see increased withdrawal volumes and potential network congestion, making early action significantly more reliable than last-minute exits.
The Broader Context — Binance’s Periodic Delisting Process
Binance conducts periodic reviews of its token listings and has delisted dozens of tokens over the years as part of its ongoing effort to maintain listing quality. This is not an unusual or emergency event — it is part of the exchange’s standard governance process.
For the affected tokens, the Binance delisting represents a significant liquidity reduction — Binance is typically the highest-volume venue for many smaller and mid-cap tokens, and losing access to its user base materially reduces the token’s accessible market. Whether the individual projects can sustain sufficient liquidity and community engagement through other venues will determine their longer-term trajectories after August 17.
For holders, the delisting is a reminder of the custodial risk embedded in keeping assets on centralised exchanges — a theme we have covered extensively in the context of the BitMartshutdown and BitMEX closure in last month. Self-custody remains the only approach that fully eliminates the risk of an exchange decision affecting your access to your assets.
Bottom Line
Binance’s delisting of ACX, HFT, PIVX, PYR, VANRY, and VIC on August 17, 2026 has triggered immediate double-digit declines across all six tokens — with PIVX and PYR down more than -22% in the first 24 hours. Holders have approximately two weeks to withdraw to self-custody, convert to other assets, or transfer to alternative exchanges before trading pairs are removed and open orders are automatically cancelled.
The most important action is the most simple one: do not wait until August 17.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
Whales accumulated over 240M ADA in the last five days, supporting a strong price rebound.ADA has broken out of a falling wedge, with a technical target of $0.4059 (+113% upside).The breakout follows the earlier TD Sequential buy signal, with ADA now up about 27% from its June low.
Cardano’s current move has the specific ingredients that separate a sustained recovery from a temporary bounce: whale accumulation at scale, a confirmed pattern breakout on the daily chart, and a clear measured move target backed by the pattern’s structure. Here is the full picture.
ADA is trading at approximately $0.1891 — up +9.42% in 24 hours, +14.58% over 7 days, and +10.41% over 30 days — with a market cap of approximately $6.9 billion. The recovery from the $0.1490 TD Sequential buy signal level identified on June 25 represents approximately +27% appreciation in approximately five weeks — a meaningful move that the current breakout suggests may be the early stage of a larger recovery rather than the completion of it.
Cardano (ADA) Price on 02 Aug 2026/Source: Coinmarketcap
The Setup That Got Us Here — TD Sequential Buy Signal at $0.1490
When ADA was trading near $0.1490 on June 25, 2026 — during one of the more depressed periods for the token in the current cycle — we identified a TD Sequential buy signal on the daily chart and flagged the level as a potential accumulation opportunity.
The TD Sequential buy signal — a count-of-9 indicator that identifies statistical seller exhaustion — appeared at a time when ADA was under maximum pessimism pressure. As we covered in that analysis, the signal had a documented track record on ADA specifically and was appearing at a price level consistent with broader on-chain and valuation metrics pointing toward a bottom.
The subsequent recovery to the current $0.1891 — approximately +27% from the signal level — has validated that initial read. But the more important question now is whether the current falling wedge breakout represents the continuation of the recovery the TD Sequential identified, or simply a short-term bounce within a still-bearish structure. The whale accumulation data and the pattern breakout both argue for the former.
Signal 1 — Whale Accumulation: 240 Million ADA in Five Days
Santiment data shared by analyst @alicharts provides the most concrete on-chain evidence of what is driving ADA’s current move:
240 million ADA accumulated in five days — at an average price somewhere in the $0.155–$0.185 range as the accumulation built — represents a deliberate, large-scale buying campaign by participants with meaningful conviction rather than casual retail dip-buying.
The specific whale accumulation metric from Santiment measures wallets above a certain size threshold that are actively adding to positions — filtering out smaller retail activity to isolate the behaviour of participants whose position changes are large enough to influence market structure. When this metric shows 240 million tokens added in a five-day window, it reflects systematic accumulation rather than opportunistic retail buying.
ADA Held By Whales/Source: @alicharts (X)
The correlation with price action is direct and visible on the chart — the ~22% price surge that accompanied this accumulation period reflects the supply absorption dynamic: large buyers removing 240 million ADA from the available liquid supply over five days reduces the float available for sellers, gradually pushing price higher as demand exceeds available supply at progressively higher prices.
Signal 2 — Falling Wedge Breakout on the Daily Chart
The technical development that gives the current ADA move a specific, level-based framework is the daily falling wedge breakout — one of the most consistently bullish reversal patterns in technical analysis when it appears after an extended downtrend.
The falling wedge structure:
ADA’s daily chart shows a clear falling wedge — two downward-sloping converging trendlines defining the corrective channel from the prior cycle’s highs. The pattern compressed price action over multiple months, with each successive lower high and lower low reflecting diminishing selling momentum as the correction approached its natural exhaustion point.
The breakout:
Cardano (ADA) Daily Chart – Coinsprobe/Source: Tradingview
ADA has cleared the upper resistance trendline near $0.1890 — the level that had been capping every recovery attempt during the wedge formation. This breakout above the descending resistance is the specific technical event that activates the pattern’s measured move.
The confirmation sequence to watch:
For the breakout to be confirmed rather than simply attempted, the textbook sequence requires:
Step 1: Breakout above the upper resistance trendline — completed near $0.1890
Step 2: A local high followed by a pullback — currently developing as price tests the breakout level
Step 3: A successful retest of the $0.1890 breakout trendline as support — the level to watch in the coming sessions
If the retest holds — with price pulling back to approximately $0.1890 and bouncing rather than breaking below — it converts the initial breakout into a confirmed structural shift and activates the measured move target.
The Target — $0.4059 and What It Means
The falling wedge measured move — calculated by projecting the pattern’s height (the distance between its upper and lower trendlines at the widest point) above the breakout level — produces a target of approximately $0.4059.
From the current price of $0.1891, reaching $0.4059 represents approximately +113% additional upside — more than doubling from current levels. This is not a speculative stretch target invented to create excitement — it is the standard technical measured move calculation from a pattern whose prior iterations on ADA and comparable assets have produced comparable magnitude moves when the breakout confirms.
Bullish Scenario — Retest Holds, $0.4059 Activates
ADA pulls back to retest the $0.1890 breakout trendline — holds above it with a sustained close — and resumes the upward move with the pattern’s measured move now confirmed. With 240 million ADA absorbed by whales in the accumulation phase, the supply overhang that previously capped recovery attempts has been meaningfully reduced. A confirmed retest opens the path toward the $0.4059 measured move target as the primary destination.
Bearish Scenario — Below $0.1890
A sustained daily close below the $0.1890 breakout trendline would invalidate the falling wedge breakout — suggesting the pattern has not fully resolved and that the recovery from the TD Sequential $0.1490 signal may be completing rather than beginning a second leg. In this scenario, the $0.1490 prior signal level becomes the key support reference to watch.
Bottom Line
Cardano’s recovery from the TD Sequential buy signal at $0.1490 on June 25 has now produced a falling wedge breakout on the daily chart — supported by 240 million ADA in whale accumulation over five days and confirmed by a sustained close above the $0.1890 upper resistance trendline. The measured move target of $0.4059 represents approximately +113% upside from current levels if the breakout retest holds.
The setup is level-based and clear: watch $0.1890 as the retest level that must hold for the bullish structure to remain intact, and watch for the volume-confirmed close above it that would signal the measured move toward $0.4059 is developing.ADA up 14% in 7 days as 240M tokens absorbed by whales — daily falling wedge breakout near $0.1890 projects $0.4059 target. Full breakdown and key levels here.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
UNI trades at $4.23, up 32.3% over the past month following the activation of the v4 fee switch and buy-and-burn mechanism.106,000 UNI was burned on July 29, marking the third-largest single-day burn in the token's history.On-chain activity remains strong, with new addresses, active users, and whale transactions all rising.A confirmed breakout targets $5.88, offering around 40% upside if momentum continues.
Uniswap’s v4 fee switch activation is one of the most significant fundamental events in DeFi protocol history — a governance decision years in the making that has now translated into immediate, measurable on-chain consequences: real token burns, sustained new user growth, elevated whale activity, and a confirmed technical breakout that is holding its retest. Here is the complete picture.
UNI is trading at $4.23 — up +3.06% in 24 hours, +15.72% over 7 days, and +32.33% over 30 days — with a market cap of approximately $2.64 billion. The token ran from approximately $3.83 to $4.54 between July 29–31 — a +19% move — on the back of fee switch activation and burn mechanism launch, before easing to the current $4.23 as the market digests the catalyst.
UNI Price on 02 August 2026/Source: Coinmarketcap
The v4 Fee Switch Goes Live
After years of governance debate and community discussion, Uniswap’s v4 fee switch has officially activated — meaning a portion of the protocol’s trading fees now flow toward UNI token holders rather than exclusively to liquidity providers.
The fee switch has been one of the most consequential unresolved questions in DeFi governance for multiple years — with billions of dollars in cumulative Uniswap fees generated without any direct value flowing to UNI holders. The activation changes that relationship permanently: the protocol is now a revenue-sharing asset rather than a governance-only token.
Simultaneously, the buy-and-burn mechanism went live — with fee revenue being used to purchase UNI from the open market and burn it, creating direct deflationary pressure tied to protocol usage volume. The larger Uniswap’s trading volume, the more UNI is purchased and burned — mechanically linking protocol success to token supply reduction.
As we covered in our Uniswap $92.5M monthly fees and broadening wedge article — Uniswap already generates approximately $92.55M in monthly protocol fees and $51.94B in monthly DEX volume. With the buy-and-burn now active, this fee flow is being partially redirected into open-market UNI purchases — creating sustained, mechanical demand that did not exist before July 29.
Third Highest UNI Burn Day on Record: 106,000 UNI
The burn data from July 29, 2026 confirms the fee switch is generating immediate, material token deflation:
Chart1 : UNI Burn History By Chain | Source: dune
106,000 UNI burned in a single day — the third highest single-day burn event in Uniswap’s history — on the first day the mechanism was active. The breakdown is revealing: Robinhood Chain contributing 62,000 of the 106,000 burned (approximately 58% of the total) reflects the explosive trading volume that chain has generated since its July 1 launch, which we documented in our Robinhood Chain beats BSC in DEX volume article.
The burn history chart shows the July 29 spike as one of the most prominent in the 2026 dataset — with recent weeks showing consistently elevated burn activity as Robinhood Chain’s trading volume contributes to the mechanism at scale. This is not a one-off spike — it is the beginning of a sustained deflationary mechanism that will compound as long as Uniswap maintains its DEX volume leadership.
UNI On-Chain Activity Holds for Two Consecutive Days
The most analytically significant data point from the fee switch activation is not the first day’s price reaction — it is that the on-chain response held for a second consecutive day.
Chart 2: $UNI Fee Switch — Price, New Addresses, Active Addresses | Source: Santiment
Santiment data from July 24 to August 1, 2026:
Why two days matters more than one:
A one-day catalyst pop — price surges on announcement, activity spikes briefly, then normalises — is a familiar pattern that fades within 24–48 hours as the initial excitement dissipates. The data shows something different:
New addresses at 510 on July 30 then 582 on July 31 — holding above double the July baseline for a second consecutive day. This is not a spike that faded — it is a step-change that held.
Active addresses at 2,341 then 2,457 — the highest readings of the entire month of July — also holding for two days. Month highs on two consecutive days is not noise.
Whale transactions ($100K+) at 142 on July 30 — the busiest day of the month bar one — as large holders moved in simultaneously with the fee switch activation.
The critical observation: The on-chain step-up held while price started cooling. Price peaked at $4.54 and began easing back toward $4.07 — but new addresses, active addresses, and whale activity remained elevated. When on-chain fundamentals hold while price cools, it is a signal that the catalyst produced genuine adoption rather than a temporary speculative bid. The fee switch flipped the fees — and the chain flipped on too.
Technical Analysis — Breakout, Retest, and $5.88 Target
As we analysed in our Uniswap broadening wedge article — UNI was forming a right-angled descending broadening wedge with the lower support at $2.317 and the upper descending resistance trendline as the breakout trigger.
Chart 3: UNI/USDT Daily | Source: TradingView, Nilesh-CNPB, August 2, 2026
What the daily chart now shows:
The breakout from the upper resistance trendline near $4.03 has occurred — with price pushing up to a local high of approximately $4.57 before pulling back to retest the broken resistance level. The retest near $4.03 — the “Breakout and Retest @4.03” label visible on the chart — has held, with UNI now trading above it at $4.23.
A reclaim of the $4.57 local high — clearing the level UNI reached on the initial fee switch breakout — would confirm the retest has held and the breakout is developing into a sustained move toward the $5.88 measured target, representing approximately +40% additional upside from the current $4.23.
The support to hold: The breakout trendline near $4.03 must continue to act as support for the bullish structure to remain intact. A sustained daily close below $4.03 would suggest the retest has failed and the breakout requires reassessment.
Why This Setup Is More Complete Than Most
The UNI setup at this moment combines three layers that rarely align simultaneously:
Fundamental catalyst: The v4 fee switch activation is a permanent structural change — not a one-time announcement or partnership. Fee revenue now flows to UNI holders and the buy-and-burn mechanism. This changes UNI’s investment case from governance token to revenue-sharing asset permanently.
On-chain confirmation: Two consecutive days of elevated new addresses, active addresses, and whale activity — with metrics holding while price cooled — confirms the fee switch produced genuine adoption acceleration rather than a speculative bid that fades.
Technical confirmation: A confirmed breakout from a multi-month descending broadening wedge, a successful retest of the breakout level, and a clear measured move target at $5.88 — with the retest level ($4.03) providing the specific invalidation floor.
Bottom Line
Uniswap’s fee switch activation on July 29 produced the third highest single-day UNI burn on record (106,000 UNI), a +19% price run from $3.83 to $4.54, and — most significantly — a two-day sustained step-up in new addresses, active addresses, and whale activity that held even as price began cooling. The daily chart confirms the breakout from the right-angled descending broadening wedge has retested the $4.03 trendline and held.
From here: a reclaim of $4.57 activates the $5.88 measured target (+40%). The $4.03 breakout trendline is the support that keeps the structure intact. The fee switch has permanently changed what UNI is — the chart and on-chain data are beginning to reflect that.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
SHIB trades near $0.000004949, up 6.6% in 24 hours and 14.9% over the past month.The weekly chart is forming a falling wedge, similar to the pattern that preceded SHIB's 314% rally in 2024.A confirmed breakout could target $0.00003343, implying nearly 600% upside.$0.00001216 is the key resistance bulls need to reclaim to confirm the breakout.
Six years ago, an anonymous developer named Ryoshi launched Shiba Inu as a “Dogecoin killer” experiment with a simple dog meme and zero initial price. Today, $SHIB has a $2.91 billion market cap, a Layer-2 blockchain, a decentralised exchange, and one of the largest holder communities in crypto — and its weekly chart is showing the same bottoming structure that preceded its previous major rally.
$SHIB is trading at approximately $0.000004949 — up +6.60% in 24 hours and +14.92% over 30 days — with a market cap of approximately $2.91 billion. Despite the recent recovery, SHIB remains -28.30% year-to-date — reflecting the extended correction that the weekly chart is now framing as a potential bottoming opportunity rather than a continued structural decline.
Shiba Inu (SHIB) Price on 01 August 2026/Source: Coinmarketcap
Happy 6th Birthday, Shiba Inu
August 2020 — August 2026. Six years since Ryoshi launched $SHIB as an anonymous experiment in decentralised, community-driven cryptocurrency — with no venture capital, no pre-sale, no team allocation, and a stated ambition to prove that a community could build something from nothing.
Shib Turns 6 Today/Source: @Shibtoken (X)
What that community built over six years:
ShibaSwap — a decentralised exchange that gave the SHIB ecosystem its first native DeFi infrastructure and allowed holders to stake, swap, and earn within the ecosystem rather than depending entirely on centralised exchanges.
Shibarium — a Layer-2 blockchain built on top of Ethereum that brought fast, low-cost transactions to the SHIB ecosystem, enabling the kind of application development that was prohibitively expensive on Ethereum mainnet.
The ShibArmy — consistently one of the largest holder communities in the crypto space — a distributed, global collective that has sustained engagement, development contributions, and ecosystem building through multiple bear markets without the financial support structures that VC-backed projects rely on.
What started as a meme is now a functioning ecosystem with multiple products, an active developer community, and six years of uninterrupted operation. The anniversary is worth acknowledging on its own merits — but the weekly chart makes it more interesting than a simple birthday milestone.
The Weekly Chart — A Familiar Bottoming Structure Returns
On the weekly timeframe, SHIB is displaying a bottoming structure that closely resembles the one seen in late 2023 to early 2024.
Back then, after an 854-day correction from the 2021 cycle top of $0.00008854, SHIB broke out of a falling wedge and delivered a 314% rally.
Shiba Inu (SHIB) Weekly Chart – Coinsprobe/Source: Tradingview
A similar setup is now forming. After an 875-day correction, SHIB has once again carved out a falling wedge pattern. A successful breakout from this structure in the coming weeks could open the door to higher levels.
The measured technical target sits near $0.00003343 — approximately 600% above current prices. This target also aligns with a potential larger cup-and-handle formation developing on the higher timeframe.
For confirmation of bullish momentum, traders will be watching for a reclaim of the 100-period moving average currently near $0.00001216. Until that level is reclaimed, the current zone continues to present an attractive area for accumulation or dollar-cost averaging (DCA) for longer-term holders.
The Key Confirmation Level — 100 MA at $0.00001216
At the current price of $0.000004949, the 100 MA sits approximately +146% above the current price. A sustained weekly close above the 100 MA would be the specific technical confirmation that the falling wedge has resolved to the upside and the expansion phase is underway — transitioning the setup from accumulation to confirmed breakout.
Until the 100 MA is reclaimed, the current price zone — below both the 100 MA and the falling wedge’s upper resistance — represents what the chart identifies as an accumulation zone — the phase where longer-term, conviction-driven holders build positions before the pattern’s resolution becomes visible to the broader market.
The 21-day difference in correction duration between the two setups is negligible at the weekly timeframe level — the structural parallel is the more significant observation.
Bottom Line
Shiba Inu’s sixth anniversary arrives alongside one of the more structurally interesting weekly chart setups the token has produced since the 2023–2024 falling wedge that preceded a +314% rally. An 875-day correction — nearly identical in duration to the prior 854-day correction — has carved the same falling wedge pattern on the same weekly timeframe, with a measured move target of $0.00003343 that also aligns with a developing cup-and-handle on the higher timeframe.
The immediate focus is the 100 MA at $0.00001216 — the confirmation level that transforms the current accumulation zone into a confirmed breakout. Until that level is reclaimed, the zone below it represents the accumulation phase that, in the prior cycle, preceded the pattern’s full measured move resolution.
Six years of surviving every bear market, every regulatory challenge, and every memecoin competitor — and the weekly chart is building a case that the seventh year might be the most constructive one yet.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.

Key Highlights
An Ansem-linked wallet moved 491M ANSEM (~$88.8M) to a BitGo cold wallet, fueling Tier-1 exchange listing speculation.A falling wedge breakout targets $0.296, implying over 60% upside.$0.1599 is the key support level; losing it would invalidate the bullish setup.
$ANSEM is building a specific technical and on-chain case for a second leg higher after cooling from its July 6 all-time high. The BitGo cold storage transfer adds an institutional custody dimension that does not typically accompany pure retail memecoin activity — while the falling wedge breakout and retest provides the technical framework for understanding where the price goes next.
$ANSEM is trading at approximately $0.1801 — down -1.95% in 24 hours but up +10.05% over 7 days and +8.98% over 30 days — with a market cap of approximately $179 million. The token reached its all-time high near $0.45 on July 6, 2026 — when its market cap briefly touched approximately $447 million — before correcting to current levels as profit-taking and broader market weakness absorbed the initial momentum.
As we covered in our $ANSEM ATH and $205M holdings article the token has navigated a full cycle from its parabolic early July run to the current base-building phase. The question now is whether the falling wedge breakout represents the beginning of the next leg or a false move that fades.
ANSEM Token Price on 01 August 2026/Source: Coinmarketcap
491M ANSEM Tokens Moved to BitGo Cold Storage
On-chain analysis firm StalkHQ identified a significant custody movement: a wallet associated with @blknoiz06 (Ansem) transferred 491 million $ANSEM tokens — valued at approximately $88.83 million — into a BitGo cold storage vault.
Ansem moved 491M $ANSEM into Bitgo/Source: @StalkHQ (X)
What BitGo cold storage means:
BitGo is one of the most widely used institutional-grade digital asset custodians in the industry — preferred by major centralised exchanges, large funds, and high-net-worth participants specifically for its security infrastructure and regulatory compliance framework. Moving a large token position into BitGo cold storage is not a retail action — it is the kind of custody arrangement that institutional holders and serious long-term holders use to secure significant positions against operational risk.
The two interpretations being discussed:
Treasury management and security: The most straightforward interpretation is that this represents routine security management — moving a large, valuable ANSEM position into a more secure custody arrangement following the token’s ATH run. As the position grew in dollar value to $88.83 million during the ATH period, upgrading its custody security would be a logical operational step regardless of any trading intent.
Tier-1 exchange preparation: The community discussion centres on a more speculative interpretation — that BitGo’s role as custodian for major centralised exchanges could signal preparation for a potential Tier-1 exchange listing. Several major exchanges use BitGo as their institutional custody partner, and moving tokens to a BitGo vault is sometimes a procedural step in exchange listing workflows.
The honest assessment: Neither interpretation can be confirmed from the on-chain data alone. A large transfer to BitGo cold storage is consistent with both pure security management and exchange preparation — and the on-chain data itself does not distinguish between them. What it does confirm is that 491 million $ANSEM tokens are now in institutional-grade custody, reducing their immediate liquid supply.
Falling Wedge Breakout and Retest
The 4-hour chart is providing the specific technical framework that gives the current setup a defined entry, target, and invalidation:
The falling wedge pattern:
Following the correction from the $0.45 all-time high, $ANSEM formed a falling wedge on the 4-hour chart — defined by two downward-sloping converging trendlines, where the descending upper resistance and the descending lower support narrow toward an apex. As we covered in our DOGE falling wedge article — falling wedges are consistently one of the more reliable bullish reversal patterns when they appear after an extended downtrend, reflecting diminishing selling momentum within a compressed range.
The breakout and retest sequence:
Price cleared the upper resistance trendline near $0.1756 — the specific level that had been capping every recovery attempt during the wedge formation. The subsequent successful retest of $0.1756 as support — where price pulled back to the broken resistance and held rather than falling through — is the technical confirmation that converts the initial breakout from a potential false move into a confirmed structural shift.
This breakout-retest-hold sequence is the cleanest technical confirmation available for a pattern breakout — the market has tested whether the broken resistance has become support, and it has held.
ANSEM 4H Chart – Coinsprobe/Source: Tradingview
Current position:
$ANSEM is now holding above the $0.18 area following the retest confirmation — sitting above the breakout level with the pattern’s measured move activated.
The $0.2959 target:
The falling wedge measured move — calculated by projecting the height of the pattern’s widest point above the breakout level — points to approximately $0.2959 as the primary upside target. From the current price of $0.1801, reaching $0.2959 represents approximately +64.3% additional upside — a meaningful move but one consistent with the pattern’s dimensions and with the broader $ANSEM volatility profile.
The $0.1599 invalidation:
A sustained close below $0.1599 — the key downside support zone — would break the breakout structure and signal the pattern has failed. In this scenario, the retest that appeared to confirm the breakout would be revealed as a false move, and price would risk returning to the pre-wedge range below $0.1756.
Bullish Scenario — Breakout Continues to $0.2959
$ANSEM holds above the $0.1756 breakout level — confirmed by the completed retest — and begins building momentum toward the measured move target of $0.2959. The BitGo cold storage transfer reduces immediate liquid supply while the pattern confirms genuine buyer conviction. If a Tier-1 listing catalyst materialises, this target could be reached significantly faster than the technical measured move alone would suggest.
Bearish Scenario — Below $0.1599
A sustained close below $0.1599 invalidates the falling wedge breakout — suggesting the retest was a false confirmation and the underlying selling pressure from the ATH correction has not yet fully resolved. In this scenario, the pre-breakout range becomes the next reference zone as the pattern fails to develop as projected.
Bottom Line
$ANSEM at $0.1801 is presenting a specific two-signal setup: a confirmed 4-hour falling wedge breakout with a completed retest at $0.1756 — targeting $0.2959 — and a 491 million token transfer into BitGo institutional cold storage that the community is interpreting as either routine security management or potential exchange listing preparation.
The technical setup is level-based and clear: $0.1756 must hold as confirmed support to keep the breakout valid, and $0.2959 is the measured move destination. The $0.1599 support is the specific invalidation that would require a reassessment of the bullish thesis.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.