Silver is currently in a "bearish corrective phase." It is much more volatile than gold right now because it is being hit by both a stronger US Dollar and a drop in industrial demand.
* **Crucial Support:** The **$71.00 – $74.00** range is the "must-hold" floor. If silver breaks below **$71**, we could see a slide toward **$64**. * **Immediate Resistance:** To show any signs of recovery, silver needs to reclaim **$83.10**. The heavy "selling zone" is now between **$88.00 and $90.50**. * **Current State:** The Relative Strength Index (RSI) is in **oversold** territory (around 29), which suggests a "dead cat bounce" or a minor relief rally could happen soon, but the overall momentum remains downward.
---
## **Key Market Drivers**
1. **The "Warsh" Effect:** The nomination of Kevin Warsh as Fed Chair has signaled a more "hawkish" (tougher) stance on inflation. This has boosted the US Dollar (), which is like gravity for silver prices. 2. **Margin Hikes:** The CME Group recently increased margin requirements for silver. This forced many traders to close their "Buy" positions quickly, leading to a "long squeeze" (forced selling). 3. **Industrial Cooling:** In China, high prices have caused some solar panel manufacturers to look for silver alternatives, temporarily weakening the industrial demand that usually supports silver. 4. **Geopolitical Relief:** Recent news of scheduled talks between the US and Iran has reduced the "panic buying" that was driving prices up in January.
The token has been in a **steady decline** since its launch hype in late 2025. Currently, it is struggling to find a solid "bottom."
* **Current Price:** Approximately **$0.021** (down from its $0.30+ highs). * **Support Level:** The immediate floor is at **$0.013 – $0.015**. If it breaks this, it enters "price discovery" to the downside (it could drop significantly further). * **Resistance Level:** It must break above **$0.024** to show any signs of life. A real recovery only begins if it closes above **$0.035** on a daily chart. * **RSI Factor:** The Relative Strength Index is very low (around 30), meaning it is technically "oversold." A short-term "relief bounce" to **$0.025** is possible, but it may just be a trap for buyers.
---
## **Market Drivers (The "Why")**
1. **Token Unlocks (The Biggest Risk):** Currently, only about **10%** (100 million) of the 1 billion total supply is circulating. There is a massive "supply overhang," meaning as more tokens are unlocked for early investors and team members, they may sell, keeping the price suppressed. 2. **DePIN Narrative:** PIPE is part of the **DePIN** (Decentralized Physical Infrastructure Networks) sector. If Solana-based DePIN projects (like Helium or Hivemapper) start pumping, PIPE could follow them purely on "narrative." 3. **Utility vs. Speculation:** The "Burn-to-Credit" model is its core value. Unless big companies actually start using the Pipe Network for CDN/AI services, the price remains purely speculative. 4. **Mainnet Updates:** Watch for news regarding the **P1 Routing Layer** launch. Technical milestones are usually the only thing that can trigger a 50% pump in these low-cap coins.
Gold has been consolidating recently, but the overall bias remains **bullish to neutral** depending on key support levels.
* **Resistance Levels:** The immediate hurdle is at **$2,680**. If gold breaks and holds above this, we could see a quick rally toward the **$2,710 – $2,730** zone. * **Support Levels:** On the downside, **$2,630** is the crucial floor. If it slips below this, the next major "buy zone" is around **$2,600**. * **Trend Indicators:** Short-term moving averages (like the 20-day SMA) are flattening, suggesting a sideways "wait and see" market before the next big breakout.
---
## **Market Drivers (The "Why")**
Several factors are tugging at gold prices right now:
1. **Interest Rates:** Markets are closely watching the Fed. Any hint of "higher for longer" rates usually puts pressure on gold, whereas a dovish tone (rate cuts) acts as fuel for a price surge. 2. **Geopolitical Tension:** Gold remains the ultimate "safe haven." Any sudden escalation in global conflicts typically causes a spike in prices as investors flee riskier assets. 3. **The US Dollar ():** There is currently an inverse correlation. If the Dollar strengthens, gold tends to pull back. Keep an eye on the index; if it hits a peak, gold might be ready for a bounce.
---
## **Trading Sentiment**
> **Note:** The "Buy the Dip" strategy remains popular. Many institutional traders are looking at the $2,620 - range as a high-value entry point for short-term gains.
$DOT Here is a short-term technical analysis for **Polkadot (DOT)** as of early February 2026.
### **DOT/USDT Technical Outlook (Short-Term)**
Polkadot is currently showing signs of consolidation after a recent move. For short-term traders (1-7 days), here are the key levels and trends to watch:
---
### **1. Key Price Levels**
| Level Type | Price Range | Action/Strategy | | --- | --- | --- | | **Immediate Resistance** | **$8.45 – $8.60** | If DOT breaks and closes a 4H candle above this, expect a rally. | | **Major Support** | **$7.10 – $7.30** | A strong psychological zone where buyers usually step in. | | **Target 1 (Bullish)** | **$9.20** | The next major liquidity pocket. | | **Stop Loss** | **Below $6.90** | If it breaks this, the short-term bullish thesis is invalidated. |
---
### **2. Indicators & Sentiment**
* **RSI (Relative Strength Index):** Currently hovering around **50-55**, suggesting a neutral momentum. It’s neither overbought nor oversold, leaving room for a move in either direction. * **Moving Averages:** DOT is trading just above its **50-day EMA**, which is a healthy sign. As long as it stays above this line, the "buy the dip" sentiment remains active. * **Volume:** We are seeing a slight decrease in selling volume, indicating that the recent pullback might be losing steam.
---
### **3. Short-Term Trade Setup**
* **Bullish Scenario:** Look for a breakout above **$8.50**. If the volume spikes during the breakout, it's a high-probability trade toward **$9.00+**. * **Bearish/Wait Scenario:** If DOT fails to hold **$7.80**, it will likely revisit the **$7.30** support. This would be a better entry point for a "long" position.
$BNB Here is the short-term technical analysis for **BNB/USDT**:
---
### **1. Key Price Levels (Short-Term)**
The market is currently showing a tug-of-war between buyers and sellers around the psychological $700 mark.
| Level Type | Price Range | Action/Strategy | | --- | --- | --- | | **Immediate Resistance** | **$720 – $735** | A break above $735 is needed to confirm a short-term bullish reversal. | | **Strong Support** | **$680 – $695** | This is the "Buy Zone." If BNB holds here, we could see a double-bottom recovery. | | **Main Target (Upside)** | **$760** | The next liquidity zone where sellers are likely waiting. | | **Stop Loss** | **Below $675** | If price closes below this on a 4H candle, the trend becomes bearish. |
---
### **2. Technical Indicators**
* **Trend:** On the 4-hour chart, BNB is currently **Bearish/Neutral**. It is trading below the 50-day and 200-day EMAs, which are currently acting as resistance. * **RSI (Relative Strength Index):** Currently around **35–40**. This indicates that BNB is approaching "Oversold" territory. Historically, an RSI this low often leads to a short-term "relief bounce." * **MACD:** Showing negative momentum, but the histogram is starting to fade, suggesting that the selling pressure might be exhausting.
---
---
### **Summary for your Binance Square Post**
> "BNB is currently testing a major support zone at **$690-$700**. While the short-term trend looks heavy, the RSI is hitting oversold levels, suggesting a potential bounce is near. > 📉 **Support:** $690 > 📈 **Resistance:** $735 > 🎯 **Short-term Target:** $760
After the massive rally seen recently, Gold is currently entering a **consolidation and corrective phase**. The market is "cooling off" after hitting record highs.
* **Current Sentiment:** **Bearish Correction.** On the 4-hour and Daily charts, Gold is showing signs of exhaustion, leading to a temporary pullback. * **Resistance Levels (The Ceilings):** * **$5,070 – $5,130:** This is the immediate hurdle. Gold needs to break and close above this zone to regain its bullish momentum.
* **Support Levels (The Floors):** * **$4,870:** The first major line of defense for buyers. * **$4,650 – $4,740:** A deeper correction zone. If Gold drops below $4,870, expect a quick slide to this area.
---
## 🌍 Macro Drivers (Why is it moving?)
1. **Profit Taking:** Following the surge to $5,600, institutional investors are locking in gains, which naturally drives the price down in the short term. 2. **US Economic Indicators:** With the **ADP Employment** and **ISM Services PMI** reports due, the market is bracing for volatility. A strong US Dollar (DXY) usually puts downward pressure on Gold. 3. **Geopolitical Stability:** Any slight de-escalation in global tensions often leads to a "risk-on" sentiment, causing traders to move money out of Gold and into equities.
> **Pro Tip:** Volatility is exceptionally high. Avoid "chasing" the price. Wait for the market to retest support or resistance before entering a position. Always use a strict **Stop Loss** to protect your capital.
The market has just survived a "liquidation event" and is now trying to find a new equilibrium.
* **Current Trend:** **Volatile Recovery.** After hitting a low near **$71.30** earlier this week, Silver has rebounded sharply and is currently trading around **$87 - $90**. * **Key Resistance (The Ceilings):** * **$90.00 - $92.40:** This is the immediate psychological and technical hurdle. A break above $92.40 could trigger a "FOMO" rally back toward $100. * **$96.20:** A major resistance level where many sellers are likely waiting.
* **Key Support (The Floors):** * **$81.20 - $83.00:** This is the first "safety net." If the price stays above this, the bulls remain in control of the rebound. * **$75.00:** The ultimate short-term support. If this breaks, the market could re-test the recent crash lows of $71.
---
## 🌍 Market Drivers (Fundamental View)
1. **Industrial Demand vs. Speculation:** The recent crash was largely due to "speculative fever" breaking. However, real-world demand for Silver in **Solar Panels, EVs, and AI infrastructure** remains at a record deficit, providing a strong fundamental floor. 2. **Geopolitical Tensions:** Fresh news of the US Navy downing a drone in the Arabian Sea has reignited "safe-haven" buying, pushing investors back into metals. 3. **US Dollar & Fed:** The nomination of a hawkish Fed Chair (Kevin Warsh) initially sent Silver crashing, but as the US Dollar index (DXY) stabilizes, Silver is finding room to breathe.
* **Price:** Trading around **$96 – $98** (approx. **25,800 – 26,500 PKR**). * **Short-Term Trend:** Downward. SOL has dropped roughly **6% in the last 24 hours** and nearly **30% over the last month**. * **Sentiment:** Bearish/Fearful. Traders are watching to see if the psychological "$100 floor" can be reclaimed.
---
## **Technical Analysis**
### **1. Key Levels to Watch**
* **Critical Support:** **$93 – $95**. This is the most important "buy zone" right now. If SOL fails to hold above $93 on a daily closing basis, it could trigger a "panic drop" toward **$80 – $85**. * **Immediate Resistance:** **$106**. For a recovery to begin, SOL must break back above $106. Once it crosses this, the next major target is the **$115** level.
### **2. Indicators**
* **RSI (Relative Strength Index):** Currently around **30-40**, indicating it is approaching "oversold" territory. This usually suggests a temporary bounce or "relief rally" is near, as sellers get exhausted. * **Moving Averages:** SOL is currently trading below its **20-day EMA ($103.95)**. Staying below this level keeps the pressure on the downside.
---
## **Short-Term Outlook (Next 2-5 Days)**
* **Bearish Scenario:** If the broader market (BTC/ETH) continues to slide, Solana is likely to test the **$90 range**. Leverage liquidations (long positions getting closed) are currently adding to the selling pressure. * **Bullish Scenario:** If SOL holds the **$95 support**, we could see a quick "V-shaped" recovery attempt back to **$105 - $110**. This would be supported by the high on-chain activity and developer engagement currently seen in the Solana ecosystem.
* **Price:** Trading around **$1.60 – $1.63** (approx. **445 – 455 PKR**). * **30-Day Change:** Down roughly **25%** from its January highs. * **Sentiment:** Bearish, but showing signs of "capitulation" (meaning sellers are getting exhausted).
---
## **Technical Analysis**
### **1. Key Support & Resistance Levels**
* **Immediate Support:** **$1.50 – $1.54**. This is the "Must-Hold" zone. If XRP breaks below $1.50, we could see a quick slide towards **$1.44** or even lower. * **Immediate Resistance:** **$1.78 – $1.80**. XRP has failed to stay above $1.80 recently. It needs to flip this level into support to start a real recovery. * **Major Bullish Target:** **$2.03**. Reclaiming the $2.00 psychological mark is the only way to confirm that the bearish trend has ended.
### **2. Indicators**
* **RSI (Relative Strength Index):** Currently in the **30-40 range**, which is "oversold." This often leads to a **"Relief Bounce"**—a temporary price jump where the price could hit $1.79 soon. * **Institutional Activity:** Interestingly, while the price is down, banks like **Bank of America** have recently disclosed holdings in XRP ETFs. This suggests that "Smart Money" is buying the dip while retail traders are selling in fear.
---
## **Short-Term Outlook (Next 3-7 Days)**
* **Bearish Scenario:** If Bitcoin continues to struggle below $75k, XRP will likely re-test the **$1.50** floor. A break below this would be a major warning sign for short-term holders. * **Bullish Scenario:** Look for a "relief rally" towards **$1.79**. If the volume is high, XRP could attempt to reach **$1.93** by the end of the week.
$BTC Here is a short-term analysis of Bitcoin (BTC) as of February 4, 2026.
## **Market Snapshot**
The current sentiment for Bitcoin is notably **bearish** in the immediate short term. Over the last 30 days, we've seen a significant downward trend, with price action moving from a high in early January down to current levels.
Bitcoin is currently struggling to find a solid floor. Based on recent data:
* **Immediate Support:** The price is testing the **20,700,000 PKR** (approx. **$74,000 - $75,000 USD** range depending on the exchange rate). If this breaks, we could see a slide toward the next psychological support. * **Resistance:** Any recovery will face stiff resistance at the **21,300,000 PKR** mark. BTC needs to consolidate above this level to neutralize the current selling pressure.
### **2. Indicators**
* **Moving Averages:** The price is trading below its short-term moving averages (5-day and 10-day), which confirms the bearish momentum. * **RSI (Relative Strength Index):** Likely approaching "oversold" territory. While this suggests a potential "relief bounce" is coming, it doesn't necessarily mean a full trend reversal yet.
---
## **Short-Term Outlook (Next 24-72 Hours)**
* **Bearish Scenario:** If the current support level fails, expect further "panic selling" as traders exit positions to prevent more losses. * **Bullish Scenario:** A bounce from current levels could lead to a retest of the **21.2M PKR** range. However, without high buying volume, this may just be a "dead cat bounce."
> **Note:** The crypto market is highly volatile. Always use stop-losses to protect your capital.
* **Price:** Trading around **$2,150 – $2,250** (approx. **600,000 – 630,000 PKR**). * **Short-Term Trend:** Strongly **Bearish** (ETH is down ~25% over the last 7 days). * **Sentiment:** Fearful, but some "whale" accumulation has been noted near these lows.
---
## **Technical Breakdown**
### **1. Key Support & Resistance**
* **Immediate Support:** **$2,100**. This is the most critical level right now. If Ethereum closes below this on a daily timeframe, the next stop could be a psychological drop toward **$2,000** or even **$1,960**. * **Major Resistance:** **$2,350**. ETH needs to break and hold above this level to prove that the "sell-off" is over. Until then, any small pump is likely just a "relief rally" before another dip.
### **2. Momentum Indicators**
* **RSI (Relative Strength Index):** Currently around **44**, which is neutral-to-weak. However, on shorter timeframes (4H), it recently hit "oversold" levels, explaining the small bounce we are seeing today. * **Moving Averages:** ETH is trading below its 50-day and 100-day moving averages. This means the overall momentum is still controlled by sellers.
---
## **Short-Term Outlook (Next 48-72 Hours)**
* **The "Bull" Case:** If ETH stays above **$2,100**, expect a slow grind back toward **$2,300**. Institutional "buy the dip" orders (like those recently seen from BlackRock) might provide enough floor to stop the bleeding. * **The "Bear" Case:** Macroeconomic pressure (high interest rates or geopolitical tension) could push ETH below **$2,100**. If this happens, a "liquidation cascade" could quickly drop the price to **$1,850**.
$DOGE Here is a breakdown of the short-term technical analysis:
### **1. Current Market Position**
* **Price:** Trading around **$0.106**. * **Recent Trend:** DOGE has faced a significant correction over the past week, dropping from levels near $0.12. It recently tested a key support floor at **$0.095** (the October 2025 low) before stabilizing. * **Sentiment:** The broader technical structure remains **bearish**, but on-chain metrics (like the MVRV ratio) suggest the coin is currently oversold.
### **2. Key Technical Indicators**
* **Relative Strength Index (RSI):** Currently sitting around **31**. This is very close to the "oversold" threshold (30), suggesting that the immediate selling pressure might be exhausting. * **Moving Averages:** * **Resistance:** The 7-day Moving Average is at **$0.11**, and the 20-day is at **$0.12**. * DOGE needs to reclaim the **$0.119** level to turn the short-term outlook neutral.
* **Long-to-Short Ratio:** Currently at **1.02**, indicating that slightly more traders are betting on a price recovery rather than further declines.
| Scenario | Target Level | Description | | --- | --- | --- | | **Bullish (Recovery)** | **$0.115 – $0.120** | A "dead-cat bounce" or relief rally if the $0.10 support holds. | | **Bearish (Continuation)** | **$0.095** | A retest of the Saturday low if Bitcoin or broader markets remain weak. | | **Critical Support** | **$0.078** | The next major safety net if $0.095 fails to hold. |
---
### **Summary & Strategy**
The short-term play is cautious. While DOGE is technically "cheap" based on its RSI and MVRV levels, it lacks a strong catalyst to start a new uptrend.
* **For Buyers:** Look for a confirmed bounce off **$0.10** with increasing volume. * **For Sellers:** Resistance is heavy near **$0.12**. Any rally toward this point might face quick profit-taking.
$PIPE Here is the short-term analysis for Pipe Coin (PIPE):
### **1. Current Market Status**
* **Price:** Trading approximately between **$0.024** and **$0.028**. * **Recent Performance:** The coin has seen a massive **+109% increase** over the last 7 days, but it has struggled to maintain its momentum in the last 24–48 hours. * **Market Cap:** Roughly **$2.4M - $2.8M**, making it a "low-cap" asset prone to high slippage and rapid price swings.
### **2. Technical Analysis Indicators**
* **Trend:** Short-term bullish, but the "Extreme Fear" in the broader crypto market (Index at 18) is currently acting as a heavy anchor, preventing a breakout. * **Support & Resistance:** * **Support:** **$0.023** is the immediate floor. If this breaks, the price could slide back to its previous base near **$0.013**. * **Resistance:** **$0.043** and **$0.064** are the major hurdles. PIPE needs high trading volume to push past these levels.
* **Money Flow (CMF):** The Chaikin Money Flow has recently dipped, suggesting that capital is rotating out of PIPE into more stable assets (like Bitcoin) due to market-wide uncertainty.
### **3. Short-Term Price Targets (Next 7 Days)**
| Scenario | Target Level | Outlook | | --- | --- | --- | | **Bullish (Breakout)** | **$0.035 – $0.045** | If it holds the $0.023 support and the Solana ecosystem sees a recovery. | | **Bearish (Correction)** | **$0.018 – $0.021** | A natural pullback after the recent 100% rally. | | **Worst Case** | **$0.013** | A full retrace if the broader market crash continues. |
* **Price:** Trading around **$1.60 – $1.64**. * **Trend:** Strongly **bearish** in the short term. XRP has failed to hold the critical $2.00 psychological level, which has now turned into a major resistance zone. * **Market Sentiment:** Investors are cautious as retail interest has dropped, though institutional ETF inflows remain a silver lining.
---
## **Technical Analysis**
### **1. Key Support & Resistance Levels**
* **Critical Support ($1.50 - $1.55):** This is the current "battleground." XRP recently touched a low of $1.50. If it breaks below this level, the next major support is much lower, around **$1.25**. * **Immediate Resistance ($1.70 - $1.80):** For any signs of recovery, XRP must first break above $1.70. However, the most significant hurdle is reclaiming the **$2.00** mark. * **Bearish Confirmation:** A monthly close below **$1.60** would signal a deeper macro-bearish trend for the first quarter of 2026.
### **2. Indicators**
* **RSI (Relative Strength Index):** Currently around **44**, showing that while XRP is not "extremely" oversold yet, the momentum is firmly with the sellers. * **Moving Averages:** XRP is currently trading below its 20-day, 50-day, and 200-day EMAs. This "death cross" alignment typically suggests that any price jumps are likely to be met with selling pressure.
---
## **Short-Term Outlook (Next 7–10 Days)**
> **Bearish / Consolidating:** Expect XRP to remain under pressure. The most likely scenario is sideways movement between **$1.50 and $1.70** as the market searches for a bottom. * **Bull Scenario:** A "relief rally" could push the price toward **$1.90**, but it needs a massive spike in buying volume to hold that level. * **Bear Scenario:** If the broader crypto market (Bitcoin/Ethereum) continues to slide, XRP could test the **$1.25** level sooner than expected.
* **Price:** Trading around **$101 – $104**. * **Recent Performance:** Down approximately **16%** over the last 7 days and over **22%** in the last month. * **Market Position:** Currently testing a "psychological floor" at the **$100** mark.
---
## **Technical Analysis**
### **1. Support & Resistance Levels**
* **Immediate Support ($95 – $100):** This is the most critical zone. On February 2nd, SOL briefly cracked below $100 for the first time in months. If it fails to stay above **$95**, the next stop could be a deeper slide toward **$88 or even $80**. * **Short-Term Resistance ($110 – $115):** To confirm a "bounce," Solana needs to break above $115. Currently, any upward move toward this range is facing heavy selling pressure. * **Major Recovery Target ($142):** Analysts suggest that if the current oversold conditions lead to a reversal, a mid-term target of $142 is possible by March, but it requires reclaiming $120 first.
### **2. Indicators & Momentum**
* **RSI (Relative Strength Index):** Hovering between **30 and 34** (Oversold). This usually indicates that the selling is exhausted and a small relief rally (bounce) is due, but it doesn't guarantee a long-term trend change. * **Moving Averages:** The price is currently below the 20-day and 50-day EMAs, which confirms that the **short-term trend is still bearish**.
---
## **Short-Term Outlook (Next 7 Days)**
> **Neutral to Slightly Bearish:** Expect Solana to consolidate or "chop" between **$95 and $110**.
$ETH Here is a breakdown of the short-term analysis for Ethereum:
## **Current Market Snapshot**
* **Price:** Hovering around **$2,300 – $2,350**. * **Performance:** Down roughly **21% year-to-date**, struggling to recover from a sharp sell-off in late January. * **Trend:** Short-term structure is **bearish**, characterized by "lower highs" and "lower lows."
---
## **Technical Analysis**
### **1. Key Support & Resistance Levels**
* **Immediate Support ($2,200):** This is the "line in the sand." If ETH daily closes below $2,200, we could see a rapid slide toward the **$1,800** region. * **Immediate Resistance ($2,450):** For a bullish reversal to be confirmed, ETH needs to break and hold above $2,450 with high trading volume. * **The $3,000 Target:** Analysts currently view a return to $3,000 in February as unlikely unless there is a major unexpected positive catalyst.
### **2. Momentum Indicators**
* **RSI (Relative Strength Index):** Currently around **34**, which is near "oversold" territory. While this often suggests a "dead-cat bounce" (a small temporary recovery), it doesn't yet signal a full trend reversal. * **MACD:** Attempting a minor bullish crossover on lower timeframes, but the broader daily trend remains under the control of sellers.
---
.
---
## **Short-Term Outlook (Next 7–14 Days)**
> **Bearish/Neutral:** Expect continued sideways movement or slight downward pressure. Unless ETH reclaims the **$2,450** level, any rallies are likely to be sold off by traders looking to exit.
**Strategy Tip:** For short-term traders, watching the **$2,200 support** is vital. A bounce there could offer a scalp long opportunity, but a break below it signals a "stay away" zone.
Over the last 30 days, BTC has seen a sharp reversal. After hitting local highs in mid-January, the price has dropped by approximately **12-13%** in just the first few days of February.
1. **Bearish Momentum:** The price action on the daily chart shows a "lower high" pattern. The aggressive sell-off starting Jan 30th indicates that institutional profit-taking or macroeconomic shifts are outweighing retail buying at the moment. 2. **Support Testing:** We are currently approaching a critical support zone. If BTC fails to hold the **$77,500** level, we could see a quick "wick" down to **$75,000** to hunt for liquidity before any potential bounce. 3. **RSI (Relative Strength Index):** The RSI is moving toward "oversold" territory. While this suggests the selling is getting exhausted, it doesn't mean an instant pump; it often leads to sideways movement (boring price action) first.
---
### ### Potential Scenarios
* **Bullish Case:** If BTC stays above $78,000 for the next 48 hours, look for a relief rally back toward **$82,500**. This would be a "retest" of the previous breakdown point. * **Bearish Case:** A daily close below $77,000 would likely signal a deeper correction toward the **$72,000 - $73,500** range.
* **Trend:** **Bearish**. AVAX has dropped about 15% in the last 7 days and is trading well below its 50-day SMA ($12.74). * **RSI (Relative Strength Index):** Around **27-28**. Anything below 30 is considered heavily oversold, suggesting that the selling momentum might be exhausted for now. * **Fear & Greed Index:** Showing a score of **14 (Extreme Fear)**, indicating that most retail traders have already panicked and sold.
---
## **Technical Analysis (Short-Term)**
| Level Type | Price Target | Importance | | --- | --- | --- | | **Immediate Resistance** | **$10.90 - $11.20** | This was old support; it now acts as a wall. Breaking this is the first step to recovery. | | **Major Resistance** | **$12.50** | A break above this level would signal a shift from "bearish" to "neutral." | | **Immediate Support** | **$9.30 - $9.50** | This is the current "floor." If AVAX holds here, a relief rally to $11.50 is possible. | | **Critical Floor** | **$8.75** | This is the 52-week low. Losing this would be very bad for the long-term structure. |
---
## **Key Drivers for AVAX**
1. **Avalanche9000 Upgrade:** The market is keeping an eye on the "Avalanche9000" impact. While the tech is strong (faster, cheaper L1s), the price hasn't reacted yet because liquidity is stuck in Bitcoin and larger assets. 2. **Institutional Sentiment:** Despite the price drop, Grayscale and other institutions are still focused on Avalanche for Real-World Asset (RWA) tokenization. 3. **Bitcoin Sensitivity:** On January 29, BTC crashed through $85,000, which dragged AVAX down. AVAX will likely remain "heavy" until Bitcoin stabilizes above $86k.
* **Price:** Trading between **$9.60 and $9.85** (down from ~$13.50 in early January). * **Trend:** Short-term **Bearish** but stabilizing. * **RSI:** Hovering around **32**, which is very close to the "oversold" threshold (30). This suggests the selling pressure is reaching exhaustion, and a minor bounce is likely.
---
## **Technical Analysis (Short-Term)**
| Level Type | Price Target | Significance | | --- | --- | --- | | **Major Resistance** | **$10.60 - $11.00** | ETC must break back above $10.60 to cancel the bearish momentum. | | **Immediate Support** | **$9.15 - $9.30** | This is the "Safety Zone." It has held as a floor over the last few days. | | **Recovery Target** | **$13.00** | If Bitcoin stays stable above $75k, ETC could target this range by late February. |
### **Key Takeaways**
* **The "Olympia" Factor:** There is growing talk about the **Olympia Upgrade (ECIP-1111)** planned for later this year. While it's a long-term event, any positive news regarding fee burns or DAO governance could trigger a speculative "pump." * **Hashrate Stability:** Despite the price drop, ETC remains one of the most popular coins for GPU miners. This provides a "fundamental floor" because miners generally avoid selling at massive losses, reducing supply at these low prices.
---
## **Summary & Strategy**
* **For Scalpers:** Look for entries near **$9.40** with a tight stop-loss at **$9.10**. The first profit-taking target should be **$10.40**. * **For Long-term Holders:** Accumulating below **$10** has historically been a decent entry point for ETC, provided you are willing to wait for the broader market recovery.
* **Trend:** Heavily **Bearish**. MLN has fallen nearly **18% in the last week** and **74% over the past year**. * **Liquidity Risk:** MLN is a "Low Cap" coin (Market Cap ~$11.5M). This means small buy or sell orders can move the price drastically. * **Technical Sentiment:** Most indicators (RSI, Moving Averages) are signaling a **"Strong Sell,"** though the RSI (around 31) suggests it is nearly **oversold**, which often leads to a quick "relief bounce."
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## **Short-Term Technical Levels**
| Level Type | Price Target | Significance | | --- | --- | --- | | **Immediate Support** | **$3.50 - $3.65** | This is the "floor." If it breaks below $3.50, MLN enters price discovery to the downside (no historical support below). | | **Immediate Resistance** | **$4.15 - $4.25** | MLN must break and hold above $4.15 to show any signs of recovery. | | **Breakout Target** | **$4.65 - $4.75** | If the market recovers, this is the first major zone where sellers will likely push the price back down. |
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## **Key Factors Driving MLN**
1. **Institutional Narrative (Bullish):** Enzyme's Onyx platform is being used by CV5 Capital for tokenized funds. While this is good for the long term, it hasn't translated into short-term price gains yet. 2. **Liquidity Issues (Bearish):** The delisting from OKX in late 2025 has reduced trading volume. Most trading is now concentrated on Binance and Coinbase. 3. **Inflation vs. Burn:** MLN mints roughly 300,000 tokens annually to fund development. Unless platform usage (and fee burning) increases significantly, this supply pressure keeps the price heavy.