Category: News

The meme coin clings to a brutal downtrend from this endless bear and extra gloomy vibes. 🖤 Even so shiba inu’s holder count keeps climbing and just smashed a fresh all time high.

The Explosive Wallet Spike ✨

The total shib wallets have crept up steadily but then spiked hard right at the start of the month. According to the x account bscn the meme coin saw a wild surge of nearly 75000 fresh holders between july 5 and july 6 way past its usual daily pace. It remains unclear why the number shot up so fast with some guessing a possible glitch but the count now sits at 1676535 marking a brand new peak.

The rising wallets stand out against shib’s sliding price which sits around $0.0000042 right now after a 15 percent monthly drop and a massive 95 percent fall from its 2021 peak.

More Pain on the Horizon? 🌙

The climbing wallet numbers might be the lone bright spark for shiba inu lately while its burn rate has slowed again after a brief flare and shibarium activity has dropped near zero. The layer 2 meant to speed things up cut fees and scale better once handled millions of daily transactions but now only sees thousands or hundreds especially after last year’s issues.

These drags plus fading meme interest point to more downside ahead for the bulls. According to bscn shib’s daily volume hit nearly $700 million a year ago yet today on july 13 it barely touches $50 million. Analyst sentiment stays gloomy too as trader james wynn called shib old dead and boring expecting no comeback for five to ten years until nostalgia might stir it again. 🕸️💀🦇📉🔥🕷️💎

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Just another echo from the void by iconofsin.eth 💖

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The second-largest crypto has shown a little bounce in the past week while whispers suggest a bigger surge might be brewing. Some key charts back this hopeful vibe and hint at real recovery ahead.

Can Eth Push Higher? 🦇

After those rough June lows the bulls reclaimed ground and even touched above 1800 briefly over the weekend. Yet the bears held firm so Eth sits near 1750 per coingecko with a 1 percent gain across seven days.
Ted sees this zone as encouraging since sellers seem less dominant now and holding 1750 could unlock a run toward 2000. Check his take here: https://x.com/TedPillows/status/2076592479789326354
Michael van de Poppe feels even bolder and eyes a breakout carrying Eth straight to 2500. His view lives at https://x.com/CryptoMichNL/status/2076649342971068742
AlΞx Wacy notes the need to clear a descending trendline that once sparked 250 percent rallies in short order with the line sitting near 1880. Find it at https://x.com/wacy_time1/status/2076616123853005094
Altcoin Sherpa calls the recent dip pretty attractive short term with room up to 2500 too. See the post: https://x.com/AltcoinSherpa/status/2076064787683754434
Ali Martinez plans to go long once price clears 1850 after earlier caution about a possible drop to 1700. View the signals: https://x.com/alicharts/status/2076457327675232643 and https://x.com/alicharts/status/2076087392096735574

Optimistic Signals Unfold 🌙

Eth relative strength index hovers near 30 which marks oversold conditions and often precedes upward moves with readings above 70 flagging pullbacks instead.

Exchange reserves keep sliding and hit a near ten-year low around 15.3 million Eth today which points to lighter selling ahead.

🖤 ✨ 🔮 🕸️ 💎 🕯️

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin hasn’t clawed its way back yet after that brutal rejection near mid 80K back in May, yet the recent moves hint sellers could be fading 🕷️ Funding rates flipping positive shows a shift toward better vibes in derivatives, even as higher timeframes stay mostly bearish.
The next few sessions should reveal if BTC pushes toward major resistance or slips back into its key demand area.

Daily Bitcoin Moves And Key Levels 🦇

On the daily chart Bitcoin lingers below both the 100-day and 200-day moving averages sitting near 71K and 74K. Those lines slope downward confirming the bigger picture remains dark despite recent calm. After rejection at the 200-day average during May and the drop below 100-day in June price plunged toward 60K where buyers jumped in hard. Right now it has climbed back near 63K but sits trapped under the first big resistance at 66K-67K.

Above that the 72K to 74K zone reinforced by the averages marks the next supply wall tough to break without stronger bullish fire. Below 60K stays the vital support and losing it might open the lower blue zone near 54K.

4-Hour Consolidation Patterns 🌙

The 4-hour view shows Bitcoin trapped inside a wide descending channel after support around 58K. The rebound created higher lows yet keeps stalling under the channel’s falling resistance line. Price hovers near 63K following fresh rejection at 64K-65K which now acts as first short-term barrier. The broader supply at 66K lines up with the channel top so a clean break could fuel deeper recovery toward higher daily levels.

Downside 62K serves as initial support after the recent lift and if sellers push below the next demand sits near 58K-60K matching daily zones. Breaking that could restart the bigger bearish slide toward much lower prices ahead.

Funding Rates Turning Positive ✨

Bitcoin funding rates have crept back into positive territory after lingering below zero through the latest correction. Negative readings usually signal heavy short bets and gloomy mood while positive ones mean longs are paying a premium again. The shift above zero hints traders are slowly rebuilding exposure near 63K. Funding stays moderate without spiking to overheated levels seen in past euphoric runs 🕸️ This setup leaves space for more upside if spot buying keeps improving yet also makes longs vulnerable to squeezes if 60K support breaks. Derivatives positioning looks supportive of further recovery for now though confirmation needs a solid break past 66K-67K.

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Just another echo from the void by iconofsin.eth 💖

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The crypto market dipped once again over the past several hours but pi network’s native token took this minor correction way worse with a fresh dump to a new all-time low. Nearly 130 million coins are scheduled to be unlocked in the following months which could further worsen pi’s state.

Low After Low 💀

It’s almost impossible to imagine now but pi traded at $0.30 in march after its major listing on kraken. The subsequent rejection though pushed it south to $0.20 where it managed to stand there for a while. Although that key support was breached briefly the token challenged it in late april only to be halted again. The following few months have brought nothing but pain for the pi token holders. As the chart below will clearly demonstrate the asset has been on a violent free-fall that has taken it to several consecutive all-time lows. The latest arrived earlier today when pi decisively lost the $0.10 support and even the $0.09 floor. Another double-digit price dump pushed it south to $0.086 which became its new all-time low. Pi is down by over 22% weekly and a whopping 97.1% since its all-time high in february 2025.

What’s even more worrisome for investors is the fact that over 127 million coins are set to be unlocked in the next 30 days according to data from piscan. Such large token releases could increase the immediate selling pressure from investors who had been waiting for their coins for a long time. This is particularly true in bear markets when the distress is higher than usual.

Can New Updates and Products Help? 🔮

Although the recent price picture looks more than grim the team behind the project has not stood still. They continue to outline new products significant protocol updates and celebrate the major milestones. The latest was the pi2day (june 28) when the core team unveiled three major infrastructure products aimed at expanding the ecosystem beyond its existing user base. Namely those were solohost a framework for locally hosting ai apps and distributed computing pi sign-in which enables third-party websites and apps to authenticate users through pi accounts and piverify a kyc and identity verification service for external businesses. Despite the significance of some of those products the timing remains a challenge. Such infrastructure improvements require months or even years to translate into measurable network activity and token demand. For now the actual benefits are missing and the protocol’s native token continues to dig new lows. 🖤 📉 🪙 🌑 ✨ 🕸️ 💧

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Just another echo from the void by iconofsin.eth 💖

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