InfinityTraders

Ethereum’s breakout gains credibility – 3 metrics support ETH’s $3K bid
$ETH
Could Ethereum’s leverage divergence become the template for a healthier crypto recovery?
Ethereum reclaimed $2,500 after several days of aggressive bullish momentum, strengthening its short-term market structure.

On the 21st of August, the daily candle closed above this key supply zone. That move turned former resistance into an important level for buyers to defend.

Meanwhile, stronger U.S. demand, rising Fund Holdings, and lower system-wide leverage
supported the breakout.

Can these conditions carry Ethereum toward the next psychological level at $3,000?

hits 7-month high despite $109M liquidations — What happens next?
Whales sent less XRP to exchanges, while institutions placed fresh money behind the rally.

XRP extended its bullish streak, cleared the $1.50 resistance, and reached a seven-month high of $1.67. The altcoin later retraced to $1.5114 but remained up 15% on the daily chart.

The rally coincided with an 89% increase in Trading Volume, reflecting stronger market participation.

Is $21 in sight for VVV’s market bulls after its latest price breakout?
VVV is extending its recent rally, but where will it stop?

$PENGU jumps 17% as holders hit 856,710 – $0.012 next IF…
PENGU’s sellers are retreating, but its buyers have yet to claim the empty ground.

#pengu

Breakout reaches an overheated technical test
$LINK
After clearing resistance around $9.537, LINK broke above the $10.693 supply zone. Chainlink [LINK] cleared resistance around $9.537 and broke above the $10.693 supply zone.

The price then reached approximately $10.91, placing the recovery above a previously contested area.

However, at press time, the RSI had surged to 82.87, pushing deeply into overbought territory following the rapid advance.

Meanwhile, MACD strengthened the bullish technical structure behind the breakout.

The MACD line at 0.576 had crossed above its signal line at 0.344.

Its histogram held positive near 0.233, supporting continued upside strength despite the overbought RSI reading.

Therefore, holding above $10.693 would keep $12.00 accessible as the next major resistance.

Alternatively, a rejection may re-direct the trend towards $9.537 while the $8.778 level provides another lower support.

$PENDLE just did something bulls have been waiting for all month.

The downtrend is broken.

After bouncing from $1.245, $PENDLE ripped around 12% and pushed toward $1.49. That descending channel is no longer controlling the chart.

Now comes the real test: $1.574.

Bulls need to break and hold above it. Do that, and suddenly $2.00 becomes the level everyone starts watching.

But this is also where things can get nasty.

If $1.574 rejects price, PENDLE could chop and cool off. Lose the structure completely, and $1.245 becomes the line bulls cannot afford to lose.

MACD momentum has flipped positive, so for now, momentum is leaning with the buyers.

$1.574 is the door.

$2 is what’s waiting on the other side. 👀

$PEPE 🔥just ripped 12%… but this rally still has one big problem.

Perp traders are clearly turning bullish.

Around $84.44M flowed into perpetuals, while Open Interest jumped 8.18% to $219.23M.

That’s aggressive positioning behind the move.

But spot isn't fully confirming it yet.

Recent spot selling reached roughly $2.65M, while the latest net accumulation is only around $660K.

So here's the battle:

Bulls need spot buyers to step in hard and support the perp-driven momentum.

Bears need that spot weakness to continue and expose the rally as leverage chasing price.

There’s also no major liquidity cluster above, while the clearer downside area sits near $0.0000026.

Right now, PEPE is running on momentum.

Will real spot demand catch up… or are longs about to discover they chased the move too late?

$SOL breaks $80 after 10% rally – THIS decides SOL’s $100 target
Solana is gaining momentum, but BTC-led flows and rising leverage could make the $100 target premature.

Pump.fun whale bets $6M on $PUMP – Can liquidity fuel a breakout?

A whale just opened a massive $6 million long position on PUMP with 10x leverage, betting that this recovery still has more room to run. The position is sitting on around $246K in unrealized profit, so clearly this trader is expecting buyers to keep control.

But there’s a risky part. The liquidation price sits around $0.002852. If PUMP drops back there, this huge leveraged bet could come under serious pressure. So, this level is now worth watching closely.

At the same time, around $739K worth of PUMP left exchanges. That means fewer tokens were sitting on exchanges ready to be sold. One day of outflows doesn't guarantee a rally, but if withdrawals continue, the supply side could become tighter.

On the chart, PUMP is still moving inside an ascending channel, although sellers stepped in near $0.003128 resistance. RSI is around 67, which shows strong momentum, but the market is getting closer to overheated territory.

The interesting part is the liquidity sitting above the current price. There are heavy liquidation zones around $0.00300–$0.00315. If buyers reclaim $0.00300 properly and break $0.003128, that overhead liquidity could act like a magnet and fuel another quick move higher.

For now, the bullish story remains alive as long as PUMP holds the important support area. $0.002852 is the immediate level to watch, while $0.002656 is the bigger structural support.

Above, $0.003128 and $0.003150 are the key breakout zones. A clean break could turn this whale bet into a much bigger momentum move. But if support fails, that leverage could quickly become a problem for the bulls.

PUMP is basically sitting between strong whale conviction below and a liquidity pool above. The next breakout could be interesting. 🚀

$SHIB gets the Attention, but Where Are the Traders?

#Shibainu is starting to get attention again after a relatively quiet period. Social discussions around the meme coin have increased, meaning more people are talking about and watching SHIB.

However, there is one important problem: the hype is not yet translating into stronger trading activity.

Since August 16, SHIB's social dominance has been recovering, according to Santiment data. But social interest has also been very unstable recently, with sudden spikes followed by quick declines. So, more people talking about SHIB doesn't automatically mean they are ready to buy it.

The derivatives market tells a similar story.

SHIB's Open Interest has dropped from above 34 million to around 30.1 million. In simple terms, this means traders are closing positions or avoiding new leveraged trades. Despite the growing buzz, traders are still not aggressively entering the market.

Funding rates remain slightly positive, showing a small bullish preference. But positive funding combined with falling Open Interest suggests cautious optimism rather than strong bullish conviction.

Technically, SHIB was trading near $0.00000446, while the RSI remained around 46. Since RSI is still below 50, buyers haven't taken clear control. Meanwhile, the DMI indicators show that neither bulls nor bears have a strong advantage.

The main takeaway: SHIB is getting attention again, but traders still appear uncertain.

For a stronger bullish move, the market would ideally need to see rising social interest, increasing Open Interest, and stronger buying momentum at the same time. Until that happens, the SHIB hype may simply remain hype rather than becoming a real price breakout.

$ENA IS TRYING TO RECOVER — BUT $0.09 IS STILL A BIG TEST

Ethena is showing some signs of recovery after buyers stepped in near the lower support area. But a large wallet movement has created a new concern for traders.

Around 170 million ENA, worth roughly $14 million, was moved from an Ethena-linked wallet to FalconX. This does not automatically mean the tokens were sold, but it does raise the possibility of more supply entering the market, including through OTC deals.

At the same time, ENA recorded around $375K in positive exchange netflows. In simple terms, more ENA moved into exchanges than out of them. That can sometimes mean additional tokens are becoming available for selling.

BUYERS ARE STILL DEFENDING SUPPORT

Despite the supply concerns, ENA has not completely lost its recovery structure.

Buyers managed to defend the rising support area, with price holding around $0.0817 before recovering toward $0.0842.

The bigger support structure started from the July low near $0.0700, so maintaining this upward trend is important.

RSI also improved to around 47, showing that momentum is recovering. However, RSI is still below its moving average and the 50 level, meaning buyers have not gained full control yet.

$0.085–$0.087 COULD BE THE NEXT TEST

If ENA continues holding above $0.0817, the first important upside area is around $0.085.

Above that, liquidation liquidity appears concentrated around $0.0865–$0.087, which could attract price if buying pressure increases.

The major resistance remains around $0.0900. A clean break above this level would make the recovery much stronger.

But if buyers lose $0.0817, the bullish structure could weaken and ENA may revisit around $0.0768.

For now, ENA is caught between recovering demand and fresh potential supply. If buyers absorb the incoming supply, $0.085–$0.087 becomes the next important zone, with $0.09 acting as the bigger breakout test.

$LIT 📈 Why LIT’s $3 target faces THIS test despite institutional demand
LIT’s institutional positioning strengthened, but positive spot netflows could challenge its developing breakout structure.

Lighter’s [LIT] institutional activity continued to grow, with one institution depositing 3.35 million LIT valued at about $7.83 million into Lighter.

According to Onchain Lens, the institution had withdrawn most of those holdings from centralized exchanges during the previous week. In particular, the institution removed 2.92 million LIT from OKX and another 468,620 LIT from Bitstamp.

Consequently, the movements reduced the institution’s exchange-held supply before its heavy Lighter deposit. The transaction, however, did not necessarily indicate a firming up of overall market demand. To sustain a recovery, spot buyers and general trader involvement were needed.

$HYPE whales accumulate while exchange supply rises — can bulls reach $62?

#Hyperliquid is showing an interesting battle between whale buying and increasing exchange supply.

A newly created wallet recently withdrew around 57,000 HYPE worth about $3.36 million from Coinbase. In simple terms, a large holder moved a significant amount of HYPE away from an exchange, reducing the amount immediately available for selling.

That is generally a positive sign because whales moving coins away from exchanges can indicate they are planning to hold rather than sell.

But there is another side to the story.

HYPE recently recorded around $3.38 million in positive spot netflows. This means more HYPE was moving into exchanges than leaving them. When coins enter exchanges, the available selling supply can increase.

So right now, the market is seeing two opposite signals: whales are accumulating, while exchange supply is also increasing.

The derivatives market is becoming more active too. HYPE trading volume increased almost 19% to $1.74 billion, while Open Interest reached around $2.54 billion.

Interestingly, short positions took more damage during the recovery. About $1.14 million in shorts were liquidated, compared with roughly $600K in long liquidations.

This suggests that buyers were able to push price higher and force some short sellers out of their positions.

What does the chart say?

HYPE successfully defended the $53.67 support area and then recovered above $57.10.

The price was trading around $59.59, putting the next important resistance near $62.48.

The DMI also gives buyers a small advantage, with +DI at 24.91 compared with -DI at 12.92.

For now:
$57.10 = important support
$62.48 = key resistance

If HYPE can hold above $57.10 and break through $62.48, the next major area to watch could be around $68.

But if buyers lose $57.10, the recovery could weaken and price may revisit $53.67.

$XRP 🐋Whales Wake Up as Large Transfers Jump 280% — Can XRP Reclaim $1?

XRP is getting interesting around the $1 level as whale activity suddenly picks up while traders continue adding leverage.

Over the past 24 hours, XRP transactions worth more than $1 million jumped roughly 280%, rising from around 10 transactions to more than 38. That is a big change in whale activity and suggests larger holders are becoming much more active.

But there’s an important detail: whale transfers alone don’t tell us whether these investors are buying or selling. We need to watch where the XRP is going.

At the same time, XRP derivatives activity is increasing. Binance Open Interest has climbed from about $360 million in early August to roughly $461.3 million, the highest level since early July.

The problem is that XRP’s price hasn’t followed the same direction. XRP has fallen toward $0.99 after trading above $1.10 in late July.

This creates a risky situation. More leverage is entering while the price remains weak. If XRP suddenly moves, either higher or lower, those leveraged positions could amplify the move through liquidations.

XRP withdrawals from exchanges have been increasing, with Coinbase showing a significant negative net-wallet change. Binance and Crypto.com have also seen declines in active XRP-related wallet activity.

If these withdrawals represent investors moving XRP away from exchanges for longer-term holding, the available selling supply could gradually decrease.

But we still need confirmation. If XRP continues leaving exchanges while whale activity remains high, that could support the accumulation argument.

For the chart, $1 is still the key psychological level.

A strong reclaim and hold above $1 could improve sentiment and potentially open the door toward higher levels.

But if it keeps getting rejected around $1 while Open Interest remains elevated, volatility and liquidation risk could increase sharply.

Now, the combination of rising whale activity + exchange withdrawals + high leverage makes XRP one of the coins worth watching closely

#ETH Supply Tightens as Whales Move $19.5M — Can $ETH Reach $2,100?

Ethereum is showing an interesting setup as large holders continue moving ETH away from exchanges.

One whale recently withdrew around 10,300 ETH from Kraken, worth roughly $19.5 million. In another transaction, the same wallet moved about 5,000 ETH worth $9.5 million.

The important part is that some of this ETH didn’t simply move to another wallet. Around 2,020 ETH, worth approximately $3.84 million, was also sent into Ethereum staking.

For beginners, this matters because ETH sitting on exchanges can be sold more easily. When whales withdraw coins and move some into staking, the amount of ETH immediately available for selling can decrease.

At the same time, spot-market buyers are still showing strength. The 90-day Spot Taker CVD remains buyer-dominated, meaning aggressive buyers have been taking more liquidity than sellers over the measured period.

There is another interesting signal from the derivatives market. Ethereum funding is still positive at around 0.003827, so traders are still slightly biased toward long positions. However, funding has dropped sharply, showing that leveraged traders have become less aggressive.

That could actually be healthy if spot demand continues. Instead of relying only on highly leveraged longs, ETH would have stronger support from actual market buying.

Technically, ETH is trading around $1,899 and has managed to stay above the $1,870 area. The biggest obstacle right now is $1,960.50.

If ETH can break and hold above $1,960, the next major area to watch would be around $2,100.

The bullish setup remains stronger while ETH holds above its nearby supports. A failure to maintain the recovery, however, could bring $1,735 back into focus.

So for now, the story is pretty simple: whale withdrawals are reducing exchange supply, spot buyers are still active, and ETH is approaching a major resistance zone.

$1,960 is the breakout level. $2,100 becomes the next upside target if buyers can take control.

$LINK IS GETTING INTERESTING AGAIN 👀

#Chainlink has been holding above the $9 area after breaking out of its previous consolidation, and now the price is slowly pushing back toward the big $10 resistance.

What makes this move more interesting is the institutional flow. Bitwise reportedly bought 171,870 LINK worth around $1.7M from Coinbase and Wintermute, taking its ETF holdings to roughly 3.09M LINK.

At the same time, LINK spot ETFs recorded inflows for two straight days, while exchange netflow dropped to around -$1.4M. That means more LINK is leaving exchanges than entering them, which can be a positive sign if demand keeps building.

Technically, the trend also looks healthy. ADX is around 30, +DI is near 33, and Aroon Up is sitting around 78. Basically, buyers still have the upper hand.

For me, $9 is the level to watch. If LINK keeps holding above it and buying pressure continues, a clean break of $10 could open the door for another upside move.

Institutional demand + exchange outflows + strong trend = LINK is definitely worth watching here. 🚀

#LINK
#Chainlink
#Altcoins

$GALA is a good example of how crazy crypto cycles can be.

Back in the 2021 bull market, #GALA reached around $0.84 as gaming, metaverse and play-to-earn tokens were extremely popular.

Now it’s trading near $0.0014, almost 99.8% below its all-time high.

The drop wasn’t caused by one single event. After the 2021 hype disappeared, the entire GameFi sector cooled down. Demand fell, investors moved away from risky tokens, and GALA’s huge supply made recovery even harder.

There were also project-specific confidence issues, including the suspicious $200M+ GALA transfer in 2024.

Looking at the chart, the long-term trend is still extremely weak. But being down 99% doesn’t automatically mean GALA must return to $0.80.

For traders, the important thing is current demand, market structure and volume — not just how high the coin traded years ago.

Crypto can create huge rallies, but it can also erase almost an entire cycle of gains.

$EDEN is starting to looks high volatility here❓

The chart has been sitting around the $0.025 area for a while, and now we’re seeing a nice move back up to around $0.050. That’s already a strong bounce, but I’m not chasing it blindly.

If buyers keep pushing and price can break the $0.056 area with good volume, I think we could see another move higher toward $0.075 and maybe even $0.10 later .....

But if $0.056 keeps rejecting, then a pullback toward $0.044–$0.040 would not surprise me.

For me, this is one to watch closely rather than FOMO into. Let the price show the next move first.

$XLM 📉 is still looking weak here. The coin is down around 16% over the last 30 days, and the selling pressure doesn’t look like it’s slowing down.

The May rally after the DTCC partnership news made the bigger daily structure look bullish, but since hitting around $0.297, XLM has been giving back most of that move. Sellers have been controlling the market, and the spot CVD has stayed negative since June, which basically tells us aggressive selling is still happening.

Right now, $0.16 is an important area. Price already tried to push through it and got rejected. Even the $0.161–$0.164 area could become a good place for sellers if XLM gets a bounce there.

If buyers can’t bring back strong volume, I’d be watching $0.155 closely. Losing that level could open the door toward the bigger support around $0.139.

So for me, I’m not trying to catch the bottom here. I’d rather wait for a bounce into resistance and see how sellers react. If XLM keeps failing around $0.16–$0.164, the downside setup remains interesting.

$CHIP 🚀IS SHOWING A STRONG RECOVERY — BUT THE NEXT MOVE NEEDS CONFIRMATION 📈

$CHIP is starting to look interesting after bouncing strongly from the $0.0214 area. Price has now pushed back above $0.027, showing that buyers are stepping in after the recent sell-off.

The important zone from here is around $0.032–$0.033. If bulls can break that area with strong volume and hold above it, the next possible target could be around $0.039–$0.040.

That would be a significant move from the current price, so this is where traders should pay attention rather than simply chasing candles.

For beginners, the idea is simple:

➡️ $0.027–$0.028 = current area to watch
➡️ $0.032–$0.033 = important resistance
➡️ $0.039–$0.040 = potential bullish target
➡️ $0.0214–$0.022 = major downside support/invalidation area

But there’s one big factor: BTC and the overall crypto market.

If the wider market starts selling heavily next week, $CHIP can easily lose momentum even if its own chart looks bullish. In that situation, I would rather wait for a new setup than force a long trade.

So right now, I’m watching $0.032–$0.033 very closely. A clean breakout + hold could open the door toward $0.039–$0.040.

No need to rush. Let price confirm the direction first. 📊

#CHIP #Altcoins #chip