Dogecoin price has remained under pressure. The token is down around 2% over the past 24 hours and more than 12% over the past month. Price action has weakened, but the decline is slowing.
While the chart structure still leans bearish, on-chain behavior suggests the breakdown may not be a done deal yet. The next few sessions will decide whether DOGE slips into a deeper decline or stabilizes near current levels.
Dogecoin Price Pressure Builds as Short-Term Supply Exits
Dogecoin is trading near the lower boundary of a declining price structure, with a bear flag forming. That keeps downside risk active, especially if support near $0.124-$0.120 fails. However, what stands out is how speculative supply has behaved as price drifted lower.
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The 1-week-to-1-month-hold cohort, typically the most aggressive swing-trading group, has sharply reduced exposure, per the HODL Waves metric. This metric classifies hodlers by time.
On November 29, this cohort controlled roughly 7.73% of Dogecoin’s supply. As of December 23, that share has dropped to about 2.76%. That is a steep reduction in speculative positioning over a short period.
This matters because these holders tend to amplify downside when they panic sell. Their exit often reduces forced selling pressure near support.
Long-Term Holders Quietly Add as Coin Activity Drops
At the same time speculative supply is shrinking, longer-term holders are showing early signs of accumulation. The 1-year to 2-year holder cohort has increased its share of Dogecoin supply from around 21.84% to 22.34%. The increase is small, but the signal matters.
These holders typically add only when they believe downside risk is starting to fade.
Coin activity across the network, measured via the spent coins metric, supports that view. Spent coins activity has fallen sharply. The spent coins age band metric dropped from roughly 251.97 million DOGE to about 94.34 million DOGE. That represents a decline of more than 60% in coin movement.
Lower coin activity possibly means fewer holders are rushing to move or sell tokens. Historically, similar drops in activity have preceded short-term relief rallies in Dogecoin. Earlier in December, a similar slowdown preceded a rally from near $0.132 to $0.151, a near 15% move, within three days.
This does not guarantee a rally, but it shows selling aggression is cooling rather than accelerating.
Key Dogecoin Price Levels That Decide Breakdown or Recovery
The technical picture now hinges on a narrow price range. The $0.120 level remains the most important near-term support. A decisive daily close below it would expose the Dogecoin price to deeper downside toward the $0.112 zone and potentially lower if momentum builds.
On the upside, the recovery case depends on reclaiming nearby resistance. A move back above $0.133 would signal that selling pressure is easing. A stronger reclaim of $0.138 would confirm that buyers are regaining control and that the recent decline was corrective rather than the start of a larger breakdown.
In simple terms, Dogecoin is at a crossroads. Price structure still carries risk, but on-chain data shows speculative supply leaving, long-term holders slowly stepping in, and overall coin activity drying up. If support holds, those factors can help stabilize the price. If it fails, the breakdown remains valid.
Bitcoin has largely ignored what should have been supportive macro signals. US CPI cooled to 2.7% in December, strengthening rate-cut expectations, yet Bitcoin failed to respond. Instead of attracting fresh capital, the price stalled while money rotated elsewhere.
That disconnect is why the Bitcoin bear market discussion is resurfacing.
Fidelity’s Director of Global Macro, Jurrien Timmer, recently warned that Bitcoin may have already ended its latest four-year cycle in October, both in price and time. The on-chain and market data since then increasingly support that view.
Data Signals Suggest Bitcoin May Already Be in a Bear Market
Multiple independent indicators now point to the same conclusion: capital is retreating, conviction holders are selling, and Bitcoin is absorbing risk without real demand.
Stablecoin Inflows Have Collapsed Since the Cycle Peak
Stablecoin inflows often act as dry powder for crypto rallies. That fuel has vanished.
Total exchange inflows for ERC-20 stablecoins peaked at around 10.2 billion on August 14. By December 24, inflows had fallen to roughly 1.06 billion, a drop of nearly 90%.
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That August inflow peak closely preceded Bitcoin’s October high above $125,000, the same period Timmer identified as the likely cycle top.
While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase, both in price and time. If we visually line up all the bull markets (green) we can see that the October high of $125k after 145 months of rallying fits… pic.twitter.com/Uxg9DTccnt
Since then, fresh capital has failed to return, reinforcing the idea that distribution replaced accumulation after the peak.
Long-Term Holders Have Turned Aggressive Sellers
Conviction holders are behaving differently after October.
Bitcoin long-term holder net position change flipped negative shortly after the cycle high. Selling accelerated from roughly 16,500 BTC per day in late October to around 279,000 BTC recently. That is an increase of more than 1,500% in daily distribution pressure.
This aligns directly with Timmer’s thesis that the four-year halving cycle phase likely ended in October. Long-term holders appear to agree, reducing exposure rather than defending price.
Bitcoin Dominance Is Rising, But Not for Bullish Reasons
Bitcoin dominance has climbed back toward 57–59%, but this is not a risk-on signal.
After the softer CPI print, capital did not rotate into Bitcoin. Instead, it flowed into traditional hedges. Over the past year, silver has rallied by over 120%, while gold is up roughly 65%. At the same time, broader crypto markets have lagged badly.
If you invested $10,000 in each asset at the start of 2025, you’d have:
This shift reinforces the idea that Bitcoin’s rising dominance is not being driven by fresh risk appetite, but by capital retreating into relative safety within crypto.
That view is echoed by an exclusive market comment shared with BeInCrypto by Ray Youssef, founder and CEO of NoOnes, who highlighted why gold has led the 2025 debasement trade while Bitcoin remains range-bound.
“While gold may clearly be winning the 2025 debasement trade on price performance, the comparison masks a more nuanced market reality. Gold’s recent run to new all-time highs and 67% YTD gains reflect classical defensive investor positioning as capital seeks certainty in a market environment defined by fiscal excess, geopolitical strain, and macro policy uncertainty. Increased central bank accumulation, a softer dollar, and persistent inflation risks have reinforced gold’s role as the market’s preferred defensive asset,” he said.
Youssef added that Bitcoin’s behavior this year has diverged sharply from the digital-gold narrative.
“Bitcoin, by contrast, has recently failed to deliver on the hedge narrative. The asset has not traded like digital gold in 2025, owing to its heightened sensitivity to macroeconomic factors. BTC’s upside is now tied to liquidity expansion, sovereign policy clarity, and risk sentiment, rather than to monetary debasement alone,” he highlighted.
Mega-Whale Addresses Are Quietly Declining
Large holders are also stepping back.
The number of Bitcoin addresses holding more than 10,000 BTC has fallen from 92 in early December to 88. That decline came alongside falling prices, not accumulation.
These addresses often represent institutional-scale players. Their reduction adds another layer of confirmation that smart money is not positioning aggressively for upside here.
Bitcoin Remains Below a Critical Long-Term Moving Average
This moving average acts as both technical and psychological support. Failure to reclaim it suggests the market has shifted from trend continuation to regime risk. If price remains below this level, historical precedent points toward deeper downside zones near the traders’ realized price band around $72,000.
Bitcoin is below its 365-day moving average ($102K), a key technical and psychological support level last broken at the start of the 2022 bear market.
If price fails to reclaim it, data suggest the next support lies near $72K, the Traders’ minimum realized price band. pic.twitter.com/VySVce5NY9
Taken together, these signals support Timmer’s warning that Bitcoin may already be in a bear-market phase or closing in on that, even if the price has not fully reflected it yet. Capital has dried up, conviction holders are selling, dominance is rising defensively, and macro relief is being ignored.
That said, not all long-term cycle supports have broken yet. Those counter-signals, and the exact levels that decide whether this becomes a full bear market or a prolonged transition, come next.
Why the Bitcoin Bear Market Case Is Not Fully Settled Yet
Despite the growing evidence pointing toward a Bitcoin bear market, two long-term cycle indicators still argue against a confirmed structural breakdown.
Also, one reason the Bitcoin bear market case remains unresolved is how markets are interpreting the CPI slowdown. While cooling inflation typically benefits risk assets, the current response suggests investors are prioritizing safety and liquidity over growth.
That does not mean the CPI signal is wrong. It may simply be early, with Bitcoin historically reacting later than traditional hedges once liquidity expectations fully translate into capital flows.
These and the indicators we would discuss next do not negate the bearish signals discussed above. But they explain why this phase may still resolve as a prolonged transition rather than a full bear cycle.
Pi Cycle Top Has Not Triggered
One of Bitcoin’s most reliable cycle indicators, the Pi Cycle Top, has not flashed a peak signal. The indicator compares the 111-day moving average with the 350-day moving average multiplied by two.
Historically, when these two lines cross, Bitcoin has been near or at major cycle tops.
As of now, the two lines remain widely separated. That suggests Bitcoin is not in an overheated or euphoric phase, even after the October high.
This contradicts the idea raised by Fidelity’s Director of Global Macro, Jurrien Timmer, who noted that the October peak near $125,000 fit prior cycle timing.
In past cycles, true bear markets began after clear Pi Cycle confirmations. That signal is still absent.
The 2-Year SMA Remains the Line That Matters Most
The second and more immediate counter-argument is structural. Bitcoin is still trading near its 2-year simple moving average, which sits around $82,800.
This level has repeatedly acted as Bitcoin’s long-term trend divider. Monthly closes above the 2-year SMA have historically marked cycle survival.
Sustained closes below it have marked deep bear phases.
So far, Bitcoin has not confirmed a monthly close beneath this line.
That makes December’s monthly close critical. If Bitcoin holds above $82,800 into year-end, the market likely remains in a late-cycle transition rather than a confirmed Bitcoin bear market.
🚨 Bitcoin in a critical zone on the 2Y SMA Multiplier
The 2Y SMA Multiplier is one of Bitcoin’s most respected cycle charts — and the current moment demands attention.
📍 Today, BTC is trading very close to the 2Y SMA, currently at $82,800.
The bearish framework also has clear invalidation levels. A reclaim of the 365-day moving average near $102,000 would materially weaken the bear market thesis. That would align with Tom Lee’s year-end Bitcoin price prediction.
That level marked the start of the 2022 bear market when it broke, and would signal renewed trend strength if recovered.
In simple terms:
Above $82,800 into December close: transition phase remains intact
Below $82,800 on a monthly basis: bear market risk escalates
Back above $102,000: bullish structure begins rebuilding
For now, Bitcoin sits between conviction selling and long-term cycle support. The market is not confirming strength, but it is not fully breaking either.
The December close will decide which narrative carries into 2026.
XRP price has quietly slipped into an uncomfortable spot. The price is down about 9% over the past 30 days, momentum feels stale, and positive social chatter around the token has turned noticeably sour. At first glance, that looks like weakness. But XRP has a history of doing its best work when enthusiasm disappears.
This time, the problem dragging sentiment lower may also be the exact condition that sets up the next move. Possibly led by a key holder group.
The Problem: Positive Sentiment Collapses as Short-Term Holders Exit
The core issue is not price. It is sentiment.
XRP’s positive social sentiment has dropped to a three-month low, falling sharply from recent highs. This metric tracks how often XRP is discussed positively across social platforms. When it collapses, it signals crowd fatigue rather than panic buying.
History shows this matters.
In mid-October, a similar sentiment drop preceded a rally of roughly 15% over the following days. In early November, another local low in positive sentiment was followed by a 17% advance within a week. Late November showed the same pattern, with prices rising about 14% after sentiment hit a trough.
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This time, the sentiment drop is deeper than those prior lows.
😨 XRP is seeing far more negative social media commentary than average. Historically, this setup leads to price rises. When retail has doubts about a coin's ability to rise, the rise becomes significantly more likely.
That sentiment dip could be powered by the short-term holders. HODL Waves, which track how long coins have been held, show that wallets holding XRP for one day to one week have reduced their supply share sharply. This cohort held about 2.97% of the supply earlier this month. That figure has now fallen to roughly 1.18%, a drop of more than 60%.
Short-Term Cohorts Fueling The Lack Of Positivity: Glassnode
In simple terms, fast, possibly retail, money has lost interest and moved on. That is the problem weighing on XRP sentiment. The next section highlights why it isn’t such a bad thing.
The Solution: Long-Term Holders Are Selling Less, Not More
Here is where the story changes.
While short-term holders are exiting, long-term holders are doing the opposite. Data tracking long-term holder net position change shows that selling pressure from these wallets has dropped meaningfully.
Earlier this month, long-term holders were selling roughly 216 million XRP per day. That figure has steadily fallen to about 103 million XRP, a reduction of more than 50% in selling activity.
Long-Term XRP Holders Doing The Opposite: Glassnode
This matters because long-term holders tend to act early, not late. When they slow distribution during periods of weak sentiment, it often signals quiet accumulation or strategic patience.
The problem for XRP is crowd apathy. The solution is that experienced holders are no longer feeding supply into that apathy.
XRP Price Levels That Decide Whether the Solution Works
If this sentiment-driven setup plays out again, the XRP price levels will confirm it quickly.
An initial move toward the next resistance at $2.03 implies an upside of roughly 8% from current levels. Clearing that zone would open room for a larger push toward the next resistance bands, $2.09 and $2.17, where prior rallies stalled.
On the downside, XRP must hold its key support at $1.77. A breakdown there would invalidate the sentiment-driven thesis and signal that long-term holders are no longer absorbing supply.
XRP’s biggest problem is that positive sentiment has vanished. But history shows that when optimism disappears, weak hands leave first and strong hands step in. If that pattern repeats, the same problem weighing on the XRP price today could become the solution that unlocks its next move.
The AAVE price has been under steady pressure. The token is down nearly 5% over the past 24 hours and more than 18% over the past seven days. That weakness has played out alongside ongoing DAO governance disputes and renewed sell-off fears.
On the surface, this looks like a distribution. Exchange balances are rising, and sentiment has cooled. But under the hood, something does not line up. While supply is moving toward exchanges, large holders have quietly stepped in, treating the sell-off as an entry point rather than an exit. The question now is simple. What bullish setup are whales positioning for while the market focuses on governance risk?
Exchange Supply Rises as Governance Pressure Lingers
Aave’s sell-off did not appear out of nowhere. Governance tensions have been building for weeks, creating uncertainty around revenue flows and DAO control. That uncertainty has shown up clearly in on-chain supply data.
Since December 16 (Poison Pill proposal day), AAVE supply on exchanges has climbed from roughly 1.22 million tokens to about 1.42 million tokens. That is an increase of nearly 200,000 AAVE, or roughly 16%, in just over a week.
Aave DAO Faces Governance Clash Over Control of Aave Labs 👀
An AAVE token holder has proposed a controversial “poison pill” strategy that would allow the Aave DAO to seize control of Aave Labs’ intellectual property, brand, and equity, effectively turning the company into a DAO… pic.twitter.com/SC1gd1KYhs
Rising exchange balances usually signal potential selling pressure, and the price action confirms that concern, with AAVE sliding almost 18% over the same period.
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This shift is notable because it reverses what happened earlier in the month, on December 16. When Aave’s regulatory overhang eased in mid-December, exchange balances dropped sharply as confidence improved. Now, with governance issues dragging on, supply has moved back toward exchanges, reinforcing near-term caution.
On its own, this setup looks bearish. But the exchange supply is only one side of the market.
Whales Buy the Dip as Sell-Off Fears Peak
While exchange balances have increased, large holders have moved in the opposite direction.
Over the past 24 hours, Aave whales increased their holdings by 12.63%, bringing their total stash to 183,987 AAVE. That implies fresh accumulation of roughly 20,600 tokens, worth about $3.1 million at current prices.
At the same time, public figure wallets, which include verified funds and well-tracked entities, raised their holdings by 13.55%, lifting their balance to 274,652 AAVE. That increase represents roughly 32,700 tokens, or about $5 million.
Combined, these two cohorts added more than 53,000 AAVE in a single day. At the current price, that is over $8 million accumulated directly into weakness.
This divergence matters. When exchange supply rises, but whales accumulate, it often reflects short-term fear being absorbed by longer-term conviction. Instead of reacting to governance noise, large holders appear to be positioning around structure, not headlines.
That brings us to the chart.
The Bullish AAVE Price Trigger Whales Are Positioning For?
The price action provides the missing link.
AAVE has repeatedly defended the $147 zone, forming the head of a developing inverse head-and-shoulders pattern. This pattern typically signals a possible trend reversal after prolonged downside pressure, especially when it forms during elevated fear.
The structure remains compressed under a descending neckline line, meaning sellers still control the broader trend. But the trigger is clear. A decisive move above $182 would begin to shift momentum. Clearing $193 would confirm the breakout and open upside toward $207, then $232, with $248 as the larger recovery target.
The risk is equally defined. If AAVE loses $147, the bullish structure breaks. That would likely invite renewed selling pressure, with downside risk toward $127. For now, whales appear to be betting that support holds, and structure resolves higher.
Hedera is moving into a risky zone. Over the past month, buying pressure has dropped by nearly 90%, even as the HBAR price continues to slide. While the broader crypto market is trying to stabilize, Hedera is not seeing the same response, especially on the charts.
Buyers are stepping away instead of buying dips. At this point, a downside break is no longer a low-chance outcome. It is starting to look like the base case.
Spot Buying Has Almost Vanished as Downtrend Stays Intact
In the week ending November 10, Hedera recorded spot outflows of approximately $26.7 million, indicating strong buying as coins moved off exchanges. By the week ending December 15, that number fell to just $2.4 million. That is a collapse of roughly 90% in buying pressure in little more than a month.
This is significant because the price is already trading within a descending channel, a bearish pattern. When buyers disappear during a downtrend, sellers need little force to push the price lower. The market becomes fragile.
The Money Flow Index, or MFI, confirms this weakness. MFI tracks how much money is entering or leaving an asset using both price and volume. In HBAR’s case, MFI has been making lower lows along with price and has now slipped into oversold territory. Instead of bouncing, it keeps trending down.
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That indicates that dips are not being bought, suggesting minimal price-specific conviction.
Why the HBAR Price Breakdown Scenario Is Gaining Weight
With weak spot demand and falling money flow, the HBAR price action becomes the final judge.
HBAR is sitting near the lower boundary of its descending channel. The first key level to watch is $0.106. If price loses this level on a daily close, the next downside target comes in near $0.095, which is about 12% lower than current levels. Reaching there would mean a confirmed bearish breakdown, bringing even $0.078 into the mix.
That move would confirm continuation of the downtrend rather than a temporary dip.
For the bearish case to break, HBAR would need a major shift. Price would have to reclaim several resistance zones and close near $0.155. Given the collapse in spot buying and the persistence of weak MFI, that outcome appears unlikely at present.
The conclusion is straightforward. With buyers largely gone, money flow falling, and price already trapped in a bearish structure, a breakdown is no longer just a risk. For now, it is the base case, or rather a likely outcome.
Zcash price has struggled to find a clear direction over the past few weeks, despite being up over 600% in the 3-month window. The token is moving sideways even as other parts of the crypto market attempt small rebounds.
This comes despite fresh attention from a high-profile voice in crypto. In a recent interview, Arthur Hayes spoke positively about Zcash’s design.
Still, the ZEC price action shows hesitation despite the near 4% uptick, day-on-day. Traders are now weighing whether this support matters in the short term or if charts will decide first.
Arthur Hayes Said This About The Privacy Model
Arthur Hayes is the co-founder of BitMEX and a well-known crypto market figure. In a recent interview with Kyle Chasse, Hayes explained why his view on privacy coins has changed over time.
He said that while Monero was once seen as the strongest privacy option, new data and upgrades shifted his thinking. Hayes highlighted Zcash’s progress, particularly in shielded transactions and cryptographic improvements.
“That’s one of the reasons why I moved from the Monero camp into the Zcash camp when we talk about privacy coins,” he said, 30 minutes into interview.
What matters here is context. Hayes did not talk about Zcash price targets. He did not say buyers should rush in. His comments focused on technology and design, not market timing.
That distinction explains why the price has not reacted yet.
Why Zcash Price Has Not Reacted Yet
Despite the attention from Arthur Hayes, the Zcash price has not moved much. The reason is visible on the chart.
First, a bearish EMA crossover is forming. EMA means exponential moving average. It shows the average price but gives more weight to recent moves.
When the 20-day moves below the 50-day, it usually means short-term sellers are stronger than buyers. Right now, the 20-day EMA is very close to crossing below the 50-day. This keeps traders cautious.
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Second, on-balance volume (OBV) is not helping the price. OBV tracks whether volume is flowing in or out. Between December 12 and December 18, the Zcash price trended lower, and OBV also weakened. This indicates that buyers are not yet adding strength. Without a rising OBV, rallies often fail, and downside moves usually do not reverse.
Put together, the picture is clear. The EMA crossover warns of short-term pressure. OBV shows weak follow-through from buyers. This explains why the Zcash price remains stuck and waits for a clear direction.
Arthur Hayes’ comments provide long-term confidence, but charts indicate that traders are waiting for technical evidence. Until buyers step in with volume, the price is likely to remain undecided.
What Could Decide the Next Zcash Price Move
Large capital flows provide the clearest clue. The CMF or Chaikin Money Flow indicator has been rising between December 11 and December 18, while the ZEC price corrected. This pattern means larger holders are showing interest even while the prices remain weak.
However, CMF is still below the zero line. That matters. A move above zero often confirms real buying. In past cases, like in early November, the price followed strongly once the CMF crossed that level.
For Zcash, the levels are clear. A clean daily close above $434 would show buyers are taking control again. If that happens, the next important zone sits near $516.
On the downside, $371 is the first key support. If the price slips below that level, sellers could push it toward $301, where previous buying interest appeared.
XRP price is nearing a critical decision point as 2025 approaches its final stretch. Price remains weak on higher timeframes, almost 16% down month-on-month. But cracks are starting to appear in selling pressure. Momentum indicators and on-chain data now suggest that sellers are losing control, even though price has not yet confirmed a reversal.
The setup is no longer about guessing a rally. It is about whether fading sell pressure is enough to push the XRP price through a known supply wall. And that wall still matters.
Sellers Are Losing Control?
Early signs of a rebound are showing up on the 12-hour chart, where trend shifts often appear first.
Between November 21 and December 18, the XRP price made a lower low. During the same period, the RSI made a higher low. RSI (Relative Strength Index) measures momentum. When price falls, but RSI improves, it signals bullish divergence.
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This pattern suggests that, although the XRP price continued to decline, the selling momentum weakened. Sellers were still active, but they were no longer able to push momentum lower with the same force.
On-chain data supports this shift.
The XRP HODLer Net Position Change tracks whether long-term holders are adding or selling coins. On December 11, net selling peaked at roughly 216.9 million XRP. By December 18, that figure dropped to about 132.2 million XRP.
That is a decline of roughly 39% in daily selling pressure.
In simple terms, sellers are still present, but far fewer coins are being pushed onto the market. This aligns with the RSI divergence and strengthens the case that downside pressure is fading.
This does not guarantee a rally. But it does mean the market is no longer in full control of sellers.
Why One XRP Price Level Still Decides the Outcome
Even if selling pressure continues to ease, XRP still faces a major structural test overhead.
On-chain cost basis data shows a heavy supply cluster between $1.96 and $1.97. Around 1.82 billion XRP were accumulated in this zone. Cost basis data tracks where holders bought their coins. When price returns to those levels, many holders reach break-even and tend to sell.
This makes the $1.96–$1.97 range a powerful resistance zone.
The price chart confirms this. The XRP price has repeatedly failed to hold above $1.96, and rebounds have stalled near the same area. If a bounce develops from current levels, this is where sellers are most likely to reappear.
For the rebound to become a genuine trend shift, the XRP price must post a clean daily close above $1.96. Without that confirmation, any upside move risks becoming another failed rally.
On the downside, $1.76 remains the key invalidation level. A break below it would suggest that seller control is returning, opening the door to deeper losses.
The takeaway is clear. Selling pressure has dropped sharply, and momentum is improving. But until XRP clears $1.96 with conviction, the market remains trapped between weakening sellers and a stubborn supply wall.
Pi Coin price is showing early signs of support after a sharp mid-December drop. Since the December 16 low, Pi Coin has bounced over 8%, helped by steady exchange-side buying.
But while buying pressure has picked up, not all capital groups are convinced yet. The result is a market caught between support and hesitation, setting up a likely range move rather than a clean breakout. Right now, Pi Coin sits at a crossroads where inflows are improving, but conviction remains uneven.
Buying Pressure Builds as Capital Flows Turn Supportive
Exchange wallet data shows clear net buying over the past 24 hours.
Across major centralized exchanges, Pi Coin recorded a net outflow of roughly 414,420 PI, meaning more tokens left exchanges than entered. That usually points to buying rather than selling.
At current prices, this net buying represents approximately $83,000 in accumulation over a short period. Despite being a small exchange-based purchase, it is significant given PI’s seller-driven history.
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Flow-based momentum supports this shift.
The Chaikin Money Flow (CMF) indicator has risen by over 40% from its recent lows. CMF tracks whether big money is flowing into or out of an asset. Rising CMF alongside price stabilization suggests that large buyers are absorbing supply rather than chasing price.
The combined rise in buying pressure could have helped Pi Coin recover nearly 8% from its December 16 low, pushing the price back above the $0.19 line.
CMF is also nearing a breakout from a descending trendline. A clean break above that line, followed by a move above the zero level, would strengthen the case that this bounce has real backing. So far, the signals say buying is real, but still measured.
Why Pi Coin Price Likely Stays Range-Bound
Despite improving flows, smart money behavior remains cautious. The Smart Money Index continues to trend lower and has not confirmed the recent price rebound. That indicates that informed, longer-term buyers are not yet aggressively stepping in.
When buying pressure rises without smart money confirmation, the price often stabilizes instead of trending immediately.
Pi Coin Must Gain Smart Money Attention: TradingView
This creates a roughly 10% range, with about 5% upside and 5% downside from current prices.
In short, Pi Coin is being supported by steady buying and improving money flow, but the lack of smart money participation suggests consolidation rather than continuation. Until that changes, Pi Coin is more likely to trade sideways than trend hard in either direction.
Ethereum price action is sending mixed signals. After correcting over 3% in a day, ETH is flashing early rebound signs, but downside risk has not cleared yet. The chart structure, momentum data, and on-chain cost levels all point to a narrow decision zone.
Right now, Ethereum is stuck between a possible bounce and a deeper breakdown. And the gap between those two outcomes is smaller than it looks. What’s worth noting is that the breakdown zone looms closer!
Rebound Signal Sits Inside a Tight Triangle
Ethereum is trading inside a narrowing triangle, a structure that reflects growing buyer-seller indecision. Price has compressed toward the lower trendline, often a zone where selling pressure starts to fade.
Between December 1 and December 17, ETH printed a higher low on price. At the same time, the RSI (Relative Strength Index), a momentum measuring tool, made a lower low. This creates hidden bullish divergence, meaning selling momentum is weakening.
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This setup does not guarantee a rally. But it does suggest downside pressure may be exhausting as Ethereum approaches structural support, the lower triangle trendline. In simple terms, sellers are losing strength, but buyers have not taken control yet.
That makes the next move highly sensitive to key levels.
Cost Basis Data Shows Where Ethereum Price Rebound Could Stall
On-chain cost basis data helps explain why upside may remain capped.
The strongest near-term resistance sits between $3,154 and $3,179, where roughly 2.8 million ETH were accumulated. This is a heavy supply zone. When price revisits this range, many holders reach break-even and tend to sell.
This aligns closely with the chart resistance at $3,149, which marks an 11% upside from current levels. Even if the Ethereum price rebounds, this zone is likely to attract selling unless the price closes cleanly above it. That is why any bounce without a daily close above this area would still be considered corrective, not trend-changing.
The downside picture is more fragile.
The most important support cluster sits between $2,801 and $2,823. This range has acted as a key demand zone. A clean daily close below $2,801 (which also shows up on the price chart) would be a warning signal.
Bitcoin’s violent move on December 17 caught traders off guard. In a single day, BTC surged to around $90,500 before reversing hard and sliding toward $85,200. From high to low, that was a swing of more than 5%, or roughly $5,000.
This was not news-driven. It was structure-driven. Three charts explain why the move happened, why it stalled exactly where it did, and why similar volatility remains possible.
Volume Breakdown Signaled Risk Before the Drop
Before the sell-off, the BTC price action already showed stress. Between December 15 and December 17, the Bitcoin price printed a marginal higher low on the daily chart. On the surface, that looked stable. But On-Balance Volume told a different story.
OBV tracks whether volume confirms price moves. During this period, OBV failed to follow the price higher and instead made a lower low. That bearish divergence signaled distribution. In simple terms, price was holding up, but volume was quietly flowing out.
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First Trigger For The Volatile Price Swing: TradingView
When Bitcoin pushed toward $90,500, it did so with weak participation. That made the rally fragile. Once selling started, there was no volume support beneath, which turned a pullback into a sharp intraday whiplash.
In markets, whiplash refers to a rapid move up followed immediately by a sharp move down, or vice versa.
Cost Basis Heatmap Shows Why $90,500 Rejected and $85,200 Held
On-chain cost basis data explains the exact turning points.
The cost basis heatmap shows a dense supply cluster between $90,168 and $90,591. Around 115,188 BTC were accumulated in this zone. When the price revisited this range, many holders reached break-even.
That could have created immediate sell pressure. Combined with OBV weakness, this cluster acted like a ceiling. The rally stalled, then reversed.
On the downside, the story changes.
Another strong cluster sits between $84,845 and $85,243. This is the most concentrated near-term support zone on the chart. As the price fell, buyers stepped in aggressively here. That is why the Bitcoin price did not collapse further, even during forced liquidations.
So the move was boxed in. Sellers defended $90,500. Buyers defended $85,200. The whiplash happened inside those walls.
Bitcoin Price Levels Now Decide If Volatility Returns
Structurally, Bitcoin is still holding a mild uptrend from the November 21 low. That matters. Yesterday’s volatility event was inside the range.
For upside continuation, one level stands out. Bitcoin must post a clean daily close above $90,500. That level has not been reclaimed since December 13. Without a close above it, any rally risks another rejection.
Above that, $92,200 to $92,300 becomes critical. On-chain data shows another supply cluster there. Traders should expect friction unless the price clears that zone decisively. Also, traders reading this might want to consider complete daily closes above key levels mentioned on the charts instead of wick-styled breakouts.
On the downside, $85,000-$85,200 remains the key zone. As long as this cluster holds, a deeper downside is less likely. A failure there would expose $83,800, but breaching $85,000 would require fresh liquidation pressure.
The takeaway is simple. Bitcoin’s 5%+ whiplash was not random. It was the result of weak volume, heavy supply at known cost levels, and tight liquidity. Until those structures change, sharp moves like this remain part of the crypto market’s reality.
Solana price action has gone quiet after weeks of pressure. SOL is down roughly 10% over the past 30 days, yet it has traded nearly flat over the last 24 hours, even as the broader market weakens. That pause matters.
It comes as Solana quietly seeks to gain institutional exposure in Brazil through Valour’s Solana ETP (Exchange-Traded Product), which is expected to list on the B3 exchange. This move reinforces a steady channel for regulated demand at a time when charts show breakout signs. The question now is simple. Can this backdrop help Solana resolve a difficult technical setup, or do sellers still control the trend?
ETP Hype Meets a Sloping Breakdown Structure
Valour’s Solana ETP offers regulated exposure to SOL for Brazilian investors and institutions. While it is not a short-term price driver, it adds steady absorption during periods of selling pressure. That matters most when charts show key patterns. And it also could be a sentimental trigger in a market where every asset is looking at narratives.
Technically, Solana is trading inside a down-sloping head-and-shoulders structure, not a clean textbook pattern. When the neckline slopes lower, breakouts require stronger confirmation because sellers continue pressing at lower levels over time.
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However, some buyer-specific signs are appearing, which could help combat the sellers and help the Solana price aim for a clean neckline breakout.
Quiet Accumulation Appears Beneath the Surface
While price struggles, on-chain data shows early signs of accumulation.
The 3-month to 6-month holder cohort has increased its supply share meaningfully. This group held 11.756% of the supply on November 16, which has now risen to 16.126% by December 16. That is a sharp increase over one month and points to mid-term buyers stepping in during weakness.
At the same time, the Chaikin Money Flow (CMF) is sending a constructive signal. Between November 3 and December 15, the Solana price made a lower low, but the CMF formed a higher low. This divergence suggests buying pressure is building underneath, even as price drifts lower.
However, CMF remains below zero. That indicates that large capital remains cautious. Buyers are present but are not yet aggressive. Together, these signals point to positioning, not confirmation.
Solana Price Levels That Decide the Next Leg
The Solana price now carries the full weight of the story. $141 is the first level to watch. Reclaiming it would mark a break of the sloping neckline, but not a trend change. Remember, the neckline slopes down and therefore requires a stronger confirmation.
$153 is therefore the key. A daily close above $153 would confirm that buyers have overpowered the sloping structure and could open a move toward higher resistance zones.
On the downside, $121 remains the critical support. A failure there would invalidate the accumulation thesis and breakout pattern, shifting focus back to the deeper downside.
Cardano price is trading near its weakest levels of the year. The token is down roughly 24% over the past 30 days and about 5% over the past 24 hours, hovering close to its yearly low near $0.37. What makes this move stand out is not just the size of the drop, but the structure behind it.
In the span of just two months, Cardano has completed two separate bearish continuation breakdowns, putting fresh pressure on the chart and raising the risk of a deeper move.
Two Bearish Breakdowns in Two Months Signal Structural Weakness
The first breakdown formed in early November. ADA built a bearish flag through late October, then broke down around November 11. That move led to a sharp decline, with the price falling roughly 38% from the flag’s high.
After a brief consolidation, Cardano repeated the pattern. A second bearish flag developed through late November and early December. On December 11, ADA broke down again, confirming a second continuation move in just two months.
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When markets print repeated bearish continuation patterns without meaningful recovery, it signals sustained seller control rather than panic selling. If the current breakdown follows the same measured-move logic as the first, downside targets begin clustering near the $0.25 zone.
Why This Weakness Itself Could Limit Further Damage
Despite the bearish structure, there are two factors that slightly soften the downside risk.
First, derivatives positioning is already skewed heavily bearish. Gate’s liquidation data shows long leverage is thin, with only about $27 million in long positions, while short exposure sits near $135 million, 5x more. Most long liquidation clusters end around $0.36, meaning forced selling pressure drops sharply at that level. Fewer crowded longs reduces the chance of a liquidation cascade.
Second, long-term holder behavior has stabilized. The 1-year-to-2-year cohort, often viewed as higher-conviction holders, has sharply reduced spending, as seen via the Spent Coin metric, which groups coin movements by cohorts.
Coins moved by this group fell from 666.24 million ADA to just 2.48 million ADA since December 10, a decline of almost 99.6%. That suggests selling pressure from committed holders is drying up, even as the price remains weak.
In simple terms, ADA’s weakness has scared off leverage and slowed long-term selling, which can act as a temporary brake during broader market stress.
Key ADA Price Levels to Watch
The Cardano price chart remains fragile. $0.36 is the most important near-term support. The same level is highlighted by the liquidation map shared earlier.
A clean break below it opens the door to $0.33, and from there, the measured breakdown target near $0.25 comes into focus.
For any bullish reset, ADA would need to reclaim $0.48. Without that, rallies remain corrective, not trend-changing.
Two breakdowns in two months define the trend. Weakness itself may slow the fall; however, unless the structure improves, the risk of a $0.25 test cannot be ignored.
The crypto market remains cautious, but some tokens are facing important tests this week. As prices move sideways, attention is shifting toward three altcoins to watch in the third week of December. Each has a specific catalyst approaching, from supply changes to network events and shifting holder behavior.
These setups could drive sharp moves if buyers or sellers take control in the days ahead.
Sei (SEI)
SEI has been under steady pressure heading into mid-December, and price action reflects that caution. The token is down roughly 23% over the past month and more than 60% over the last three months, keeping sentiment fragile as the market looks for direction.
At the time of writing, SEI trades near $0.124, consolidating inside a broader falling wedge structure on the daily chart. This pattern often appears late in downtrends, where selling pressure slows, and the price begins to compress. For now, SEI is hovering just above the lower boundary of that structure, making the next few sessions critical. That tension qualifies SEI to be on the altcoins to watch list.
Momentum indicators offer a mixed but interesting signal. Between December 5 and December 14, the SEI price made a lower low, while the Relative Strength Index (RSI) formed a higher low. RSI measures momentum strength, and this bullish divergence suggests sellers may be losing control, even as price remains weak.
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That said, near-term risk remains elevated due to SEI’s scheduled token unlock on December 15. Around 55.56 million SEI, roughly 1.08% of the circulating supply, is set to enter the market. Token unlocks often increase short-term selling pressure, especially when broader sentiment is cautious.
Key levels define the setup clearly. A clean move above $0.159 would signal that buyers are absorbing unlock-related supply and could open a rebound toward higher resistance zones. That includes $0.193 and even higher.
On the downside, a drop of roughly 3% from current levels, to $0.120, risks a breakdown toward the lower trendline. That would weaken the bullish divergence thesis.
Bittensor (TAO)
Bittensor price action has compressed into a tight range ahead of its upcoming halving, setting up a clear decision point. TAO has been trading inside a symmetrical triangle on the daily chart, showing balance between buyers and sellers after weeks of downside pressure. That kind of buyer-seller tussle makes it one of the top altcoins to watch in the third week of December.
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The TAO Halving is approaching, Here’s what changes and what stays the same… 🧵 pic.twitter.com/0pwLdZLeCD
TAO is down around 15.5% over the past month and roughly 6.6% over the last seven days. Short-term weakness continues, but volatility has dropped, which often appears before larger moves. This structure reflects indecision rather than outright bearish control.
The halving acts as the key backdrop. Bittensor’s halving reduces token emissions, tightening new supply. Historically, such events do not guarantee immediate upside, but they often act as a catalyst when the price is already compressed.
From a technical view, the first bullish trigger sits near $301. A daily close above this level would break the upper trendline of the triangle and signal renewed strength. That move opens a path toward $321, followed by $396 if momentum builds and broader market conditions cooperate.
Downside risk remains. $277 is critical support. A breakdown below it weakens the structure and exposes $255, with $199 as a deeper risk zone if sentiment deteriorates.
Aster (ASTER)
Aster stands out as one of the altcoins to watch in the third week of December because of a clear tug-of-war between whales and the broader market.
On-chain data shows aggressive whale accumulation heading into this week. Over the past seven days, whale-held ASTER balances jumped by about 42.7 million tokens, rising from roughly 39.85 million to 82.54 million ASTER. That is a 107% increase, signaling strong conviction from large holders ahead of the third week of December.
At the same time, exchanges tell a different story. Exchange balances took a 10.48% jump. This suggests possible retail selling even as whales accumulate.
That buyer-seller conflict is also visible on the chart. ASTER has been correcting since November 19 but is now compressing inside a triangle pattern, reflecting indecision. During this phase, a hidden bullish divergence has formed. Between November 3 and December 14, the price made a higher low while the Relative Strength Index (RSI) made a lower low, which often signals exhausting selling pressure.
That’s often associated with price rebounds. If this setup plays out, the first level to watch is $0.94. A daily close above it would break the triangle resistance and open the path toward $0.98, followed by a potential 16% move to $1.08 if momentum builds and whale support persists.
On the downside, losing $0.88 would invalidate the bullish divergence and expose $0.81, shifting control back to sellers.
XRP is trading near $1.99, down about 1% over the past 24 hours. Despite broader market volatility, it is only around 4% lower on the week, showing relative stability compared to many altcoins like ADA and BCH.
More importantly, the chart is flashing an early bullish reversal signal. The setup is not confirmed yet, but if one key level continues to hold, the odds of a short-term rebound, at least 9%, increase meaningfully.
Bullish Divergence Appears as the XRP Price Defends Key Support
XRP has formed a bullish divergence on the daily chart between December 1 and December 14. A bullish divergence happens when the price makes a lower low, but the Relative Strength Index (RSI) makes a higher low. RSI is a momentum indicator that measures buying and selling strength. When RSI improves while price weakens, it often signals that selling pressure is fading.
On the daily chart, a standard bullish divergence like this can lead to trend reversal — from bearish to bullish.
Yet, this divergence alone is not enough. It only matters if the XRP price holds support.
Around 1.79 billion XRP were accumulated in this range. A cost basis heatmap shows where large groups of holders bought their coins. When price trades near these levels, holders are less likely to sell at a loss, which strengthens support.
As long as XRP stays above $1.97, the bullish divergence theory remains valid, provided the RSI reading stays strong.
Why $2.17 Is the First Real Test for the Bulls
If support holds, XRP has room to move higher. The first upside target sits near $2.17, which is roughly a 9% move from current levels.
This level matters because the cost basis heatmap shows heavy supply between $2.16 and $2.17. About 1.36 billion XRP were acquired in this zone. That makes it a strong resistance area, where selling pressure is likely to appear.
XRP Price Can Face Resistance At This Level: Glassnode
If the XRP price pushes through $2.17 with a daily candle close, it could open the path toward $2.28, then $2.69, and eventually $3.10. Yet, those levels remain secondary for now and depend on broader market conditions.
The invalidation is clear. A daily close below $1.97 would weaken the reversal setup and expose downside toward $1.81 and $1.77.
For now, the XRP price sits at a decision point. The bullish reversal signal is active, but only if the most important support level continues to hold.
HBAR is running out of time. The token is down nearly 2% over the past 24 hours and close to 10% for the week. In the process, HBAR price has broken several short-term support levels and is now hovering near $0.12.
This level is critical. HBAR is barely 1% above a breakdown zone that could drag the price toward $0.10. That move would translate into a 12% to 13% decline from current levels. But one bullish signal is still holding the structure together. If it fails, the downside could accelerate.
Big Money Stepping Away Weakens the Setup
The main source of pressure comes from how large HBAR holders are behaving.
This is visible through the Chaikin Money Flow (CMF), which tracks whether big money is entering or exiting an asset by combining price movement with trading volume. When CMF is above zero, large buyers are active. When it falls below zero, the distribution is taking place.
For HBAR, CMF has deteriorated sharply. Since December 7, CMF has dropped by more than 400% and moved deep into negative territory. Earlier pullbacks still saw CMF stay positive, meaning buyers absorbed selling pressure. This time, that support is gone.
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There is also a clear bearish divergence. Between October 10 and December 14, the HBAR price formed higher lows, while the CMF formed lower lows. This shows that recent price stability was not backed by strong demand from large players.
In simple terms, price tried to hold up while big money quietly exited. That imbalance makes the HBAR price vulnerable.
One Bullish Signal Is Still Holding the Floor
Despite the weak big-money picture, one momentum indicator is still flashing a bullish sign.
That indicator is the Relative Strength Index (RSI), which measures the strength and speed of recent price moves. It helps identify when selling pressure may be getting exhausted. Readings near 30 usually suggest oversold conditions.
On HBAR’s daily chart, RSI has formed a bullish divergence. Between November 21 and December 14, the HBAR price made a lower low, while the RSI made a higher low. This is a classic bullish divergence and often appears as a trend reversal sign.
P.S. The HBAR price is in a clear downtrend, losing over 48% in the 3-month horizon.
This tells us sellers are still pushing prices lower, but with less force each time. The decline continues, but the seller-driven momentum behind it is weakening. At the moment, this RSI divergence is the only bullish play HBAR has left.
HBAR Price Breaks Down or Turns the Tide?
Price action defines the final outcome. HBAR is trading below a descending trend line that has capped every rally for weeks. At the same time, price is sitting on a trend-based Fibonacci support near $0.12. That line acts as the base of the descending triangle pattern, completed by the descending trendline.
This zone is the last line of defense.
If $0.12 breaks decisively, the next major support sits near $0.10. That move would confirm a 12% to 13% breakdown and extend the bearish trend.
To stabilize, the HBAR price must reclaim $0.13. That level lines up with a key Fibonacci retracement zone and would signal buyers stepping back in.
A stronger shift would only come above $0.13. That would place the price back above the descending trend line and reset the structure from bearish to neutral.
Ethereum price action looks quiet, but the entire formation is slowly turning bullish. Over the past 24 hours, ETH has traded almost flat, while the past seven days show a modest 2.6% gain. Price has remained above $3,100 for several sessions, suggesting strength rather than exhaustion.
This sideways move is not random. Ethereum is compressing near key levels, where breakouts often form. The next move depends on whether buyers, who are gradually returning, can turn this consolidation into a continuation.
Bull Flag Structure Holds as the Breakout Zone Appears
Ethereum appears to be breaking out after consolidating inside a bull flag. A bull flag forms when the price pauses after a strong upward move, then trades in a narrow range before the next leg higher. This pattern signals consolidation, not weakness.
The structure remains intact as long as ETH holds above $3,090. That means, unless there is a daily candle close below this level, the much-anticipated breakout might hold.
This level has acted as firm support, absorbing selling pressure during recent pullbacks. Price has repeatedly bounced from this zone, showing buyers are still defending it.
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A clean daily close above $3,130 would be the first confirmation that the flag is resolving higher. That move would signal that consolidation is ending and buyers are regaining control. Without that close, Ethereum remains in compression, but the bullish structure stays valid.
Selling Pressure Eases as Key Ethereum Price Levels Emerge
On-chain data support the price structure. Holder Net Position Change, which tracks whether long-term investors are adding or selling ETH, shows that selling pressure has eased compared to earlier sessions.
On December 12, Ethereum holders distributed roughly 958,771 ETH. By December 13, net selling dropped to around 877,958 ETH, marking a decline of roughly 8.4% in selling pressure within 24 hours.
Ethereum Holders Are Selling Fewer Coins: Glassnode
That shift matters. Ethereum is still seeing net distribution, but the pace of selling is slowing as the price compresses near resistance. This behavior typically appears during late-stage consolidation, not during breakdowns.
When selling pressure eases near a key level without price slipping lower, it increases the odds that buyers step in once a breakout confirms. Ethereum is not seeing panic exits. Instead, holders appear more willing to wait.
If the Ethereum price secures a daily close above $3,130, the next resistance sits near $3,390. Clearing that zone would open the path toward the $4,000–$4,020 area, aligning with the measured move from the bull flag structure.
However, the bullish structure would weaken if the Ethereum price drops under $3,090 or even $2,910. Closing below the latter would break the pattern completely.
Shiba Inu price has had a rough year. The token is down nearly 70% year-on-year and more than 90% from its all-time high. With meme coin interest fading, many now question whether SHIB is slowly dying.
That concern grew after CryptoQuant CEO Ki Young Ju said meme coins are “dead,” citing collapsing dominance and shrinking speculation. On the surface, Shiba Inu seems to fit that narrative. But on-chain data adds more layers to the story.
Meme Coin Weakness Is Real, and Shiba Inu Reflects It
The broader meme coin market has clearly weakened. CryptoQuant data shows meme coin dominance has fallen to early-2024 lows, signaling reduced speculative activity across altcoins.
Shiba Inu mirrors that trend. Price has stayed under long-term resistance, and rallies have failed to hold. Smart money wallets, which track experienced and active traders, have steadily reduced SHIB exposure throughout the year.
That suggests traders are not positioning for short-term rebounds. Simply put, informed traders are not relying on price surges, let alone rallies.
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A recent chunk of derivatives data reinforces this view. Over the past 30 days, most perpetual futures traders have cut exposure. Outside of the largest addresses, leverage remains light. This shows traders are cautious and not expecting a fast or explosive move.
In simple terms, speculation has dried up. That supports the idea that meme coins are no longer driving the market the way they once did. But speculation is only one side of the equation.
Whales and Holders Keep Adding as Coins Leave Exchanges
Despite weak price action, long-term behavior tells a different story.
Shiba Inu’s holder count, which tracks how many wallets hold SHIB, has continued to rise throughout the year. It started near 1.46 million and has grown to roughly 1.54 million. The growth has not been smooth, but the trend remains positive, even as prices fell sharply.
Over the past year, large holders have increased their SHIB balances by about 249%, per the image shared earlier. Mega-whale balances are up roughly 28.5%. At the same time, exchange balances, which show how many tokens sit on trading platforms, have dropped by nearly 22%. Fewer coins on exchanges usually mean less immediate selling pressure.
This trend accelerated recently. Over the past 30 days alone, whale balances rose more than 61%, while most of the exchange outflows happened during the same period.
That does not look like panic or abandonment. It looks like slow accumulation.
However, it is important to note that derivatives traders are not joining in. Outside of top addresses, leverage positioning remains muted. Whales appear early, but are not aggressive.
Shiba Inu Price Structure Still Weak, but a Reversal Setup Is Emerging
On the three-day chart, Shiba Inu is trading inside a long-term falling wedge, a pattern that often turns bullish if the price breaks upward. Recently, a key signal appeared.
Between December 3 and December 12, the Shiba Inu price made a lower low while the Relative Strength Index (RSI), a momentum indicator, made a higher low. This bullish divergence suggests selling pressure is weakening, raising the odds of a trend reversal.
Key levels now matter more than narratives.
The first resistance sits near $0.0000092. A clean break above this level would mark a breakout from the upper trendline that has capped the price since September. If confirmed, the next resistance zones lie near $0.000010, $0.000011, and $0.000014, which align with the last major swing high. Do note that only a level break beyond $0.0000092 could completely invalidate the “dead coin” claims.
On the downside, the structure weakens below $0.0000075. A sustained move under that level would invalidate the reversal setup and reopen downside risk.
Shiba Inu is not dead, but it is not strong either. Speculation is gone, traders remain cautious, and quick gains are unlikely. Still, rising holder counts, heavy whale accumulation, and falling exchange balances suggest the chain is far from abandoned.
If an altcoin cycle returns, Shiba Inu still has a path to revival. For now, it remains in survival mode, waiting for stronger confirmation.
Bitcoin price looks stuck at first glance. Over the past 24 hours, the price has been nearly flat, down just 0.2%. Even on a weekly basis, Bitcoin has barely moved, up roughly 0.7%. The market feels quiet, and many traders are calling this range-bound action.
But under the surface, several signals suggest Bitcoin (BTC) is not as weak as it looks. Momentum is shifting slowly, sellers are losing conviction, and large holders continue to position quietly. Together, these factors explain why bullish Bitcoin price predictions made by experts like Tom Lee have not disappeared, even without a breakout yet.
Momentum And Volume Signals Are Quietly Improving
On the daily chart, the Bitcoin price continues to respect the $90,100 level. This zone has acted as a firm base during recent volatility, preventing deeper pullbacks even as the price failed to trend higher.
One of the clearest early signals comes from On-Balance Volume (OBV). OBV tracks whether volume is flowing into or out of an asset, helping identify hidden buying or selling pressure.
Between December 9 and December 11, the Bitcoin price made a lower high, while OBV made a higher high. This divergence shows that even as prices struggled, buyers were more active beneath the surface.
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That signal strengthened between December 10 and December 12. During this period, the Bitcoin price made a lower low, while OBV formed a higher low. This tells the same story from another angle. Sellers pushed the price lower, but with weaker volume support.
These two OBV divergences work together, not against each other. Combined, they show selling pressure is fading, not accelerating. This does not confirm a breakout, but it often appears before one.
Holders And Whales Are Positioning Despite the Flat Price
Momentum signals alone are not enough. On-chain data adds confirmation. Holder Net Position Change tracks whether long-term holders are adding or reducing Bitcoin positions. Negative values mean selling. Fewer negative values mean selling pressure is easing.
On December 10, long-term holders were distributing roughly 155,999 BTC. By December 13, that number dropped to around 150,614 BTC. That is a reduction of about 3.4% in selling pressure.
The change is not dramatic, but it is meaningful. Bitcoin is not seeing panic selling despite trading in a range. Instead, holders are selling less as the price stabilizes. This behavior typically appears during consolidation phases, not during breakdowns.
The strongest signal comes from whales. The number of entities holding at least 1,000 BTC remains near its six-month high. This metric often reflects large, long-term investors.
Since late October, the Bitcoin price has corrected and moved sideways. During the same period, whale entities continued to add. This creates a clear divergence. Price weakened, but large holders kept accumulating. And they usually do not add without any valid reason.
These forecasts are not based on short-term candles. They rely on reduced selling, improving volume structure, and steady whale accumulation. Still, the Bitcoin price must confirm the thesis.
Bitcoin Price Levels That Decide Whether Bulls Take Control
The most important level remains $94,600. A daily close above this zone would mark roughly a 5% move from current levels and break above the upper boundary of the current compression structure. That would signal that buyers have regained short-term control.
If $94,600 breaks, the next resistance sits near $99,800. A sustained move above that level could open the path toward $107,500, if broader market conditions allow. That could be the first real catalyst to Tom Lee’s aggressive $180,000 outlook, as stated earlier.
On the downside, if the Bitcoin price loses $90,000, support lies near $89,200. Below that, $87,500 becomes the next key level. A break under these zones would invalidate the bullish setup, at least in the short term.
Pi Coin has struggled since late November. After peaking near the end of the month, the price has dropped roughly 28%, erasing most of its earlier gains. Over the past seven days alone, Pi Coin is down about 8.6%, and over the past three months, losses now exceed 40%.
Despite that weakness, the latest chart data shows something new forming beneath the surface. Momentum pressure is starting to shift, raising the question of whether the correction may be nearing a pause. Will the pause lead to a rebound or a complete reversal? Time to find out!
Momentum Pressure Is Easing, But Buyers Are Still Hesitant
On the daily chart, Pi Coin has formed a hidden bullish divergence between November 4 and December 11. During this period, price made a higher low while the Relative Strength Index made a lower low. RSI measures momentum by tracking the speed of buying and selling. When price holds higher levels while momentum weakens, it often signals that selling pressure is starting to fade.
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This type of divergence usually appears near the end of sharp dips. It does not confirm a reversal by itself, but it often precedes rebound attempts when sellers begin to lose control.
However, momentum alone is not enough. The Chaikin Money Flow, which tracks whether large buyers or sellers are dominating volume, is still flashing caution. CMF remains close to testing its descending trend line (connecting lower lows) and is also trading below the zero line. This shows that big money flows have not turned supportive towards Pi Coin, yet.
In simple terms, selling pressure looks weaker, but the big buyers are not fully committed. That keeps the rebound setup fragile. Until money flow improves, upside attempts are likely to face resistance. And if the CMF breaks below the trendline, the rebound (not reversal) setup for the Pi Network coin might get invalidated, completely.
Pi Coin Price Levels That Decide What’s Next
The PI price chart now sits at a decision point. For the rebound structure to gain traction, Pi Coin needs to reclaim the $0.222 area. A sustained move above this level would mark roughly a 7% advance and signal that buyers are willing to defend higher prices again. If that happens, the price could extend toward $0.244 and possibly $0.253, provided broader market conditions stabilize.
Only a price move above $0.284 (late November high) could signal a reversal attempt. That point seems to be far off now.
Support remains just below current levels. The $0.203 zone is critical. A daily close below $0.203 would weaken the rebound case significantly and expose the downside again. If that level fails, Pi Coin could retest lower areas and push the correction into a new leg.
The rebound setup only strengthens if the price moves higher while the CMF begins to rise toward zero. Without that confirmation, upside attempts risk stalling quickly.
The Zcash price has seen a sharp run this cycle, up over 700% in three months, followed by a healthy pause. After rallying strongly through the last week, the price is now pulling back, raising questions about whether momentum is fading or simply resetting.
While short-term price action looks undecided, on-chain and volume data suggest buyers may still be quietly in control. The next move depends on whether Zcash can turn consolidation into continuation.
Buyers Still Control Structure Despite Cooling Volume
Zcash price is currently trading inside a tightening triangle pattern, which reflects short-term buyer and seller indecision rather than outright weakness. Importantly, the price continues to respect the rising trend line that has guided the uptrend this cycle. As long as that structure holds, the broader setup remains constructive.
Volume behavior adds key context. Using Wyckoff-style volume color analysis, blue bars indicate buyer-led activity, while yellow and red bars reflect increasing seller control.
Although buyer volume has cooled recently, blue bars are still dominant. A similar slowdown occurred after October 17, when buying pressure briefly weakened, before Zcash went on to rally by more than 300%.
Cooling volume alone did not end that trend. As long as the blue bars dominate, the rally is likely to remain strong, despite any pullbacks.
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Spot flow data reinforces this picture. Spot flows track whether coins are moving onto or off exchanges.
Inflows suggest potential selling, while outflows signal accumulation. On December 12, Zcash recorded roughly $14.26 million in spot inflows, meaning coins moved onto exchanges.
By December 13, that flipped sharply to around $17.34 million in net outflows, showing coins being pulled off exchanges instead.
That shift matters. Exchange outflows reduce immediate sell pressure and often reflect spot buyers stepping in during pullbacks rather than distributing into strength.
Despite a mild pullback of about 2.5% over the past 24 hours, Zcash remains up roughly 20% over the past week and more than 700% over the past three months. The trend has not broken. It is consolidating.
Zcash Price Levels That Define the Next Move
For the bullish structure to continue, the Zcash price needs to break out of the triangle. The key level to watch is $511, a 24% move from current levels. A clean daily close above this level would confirm a bullish resolution and signal renewed buyer control.
If that breakout occurs, the first upside target sits near $549, followed by $733, which capped rallies earlier in the cycle. Higher resistance zones exist near $850 and $1,190, though reaching those would require sustained momentum and supportive broader market conditions.
Downside risk remains clearly defined. If the Zcash price loses $430, the triangle structure weakens. Strong support sits near $391, and a deeper breakdown could open the door to $301 if risk-off pressure spreads across the market.
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