According to Alphracttal data, the large wallets take up the accumulation of BTC, even if the Bitcoin price cannot break the $ 110,000. Indeed, the King of Cryptos managed to end the week beyond $ 109,000, but the sellers continue to show themselves around $ 110,000. Will this rack period lead to a new bullish phase on Bitcoin? To do this, you will have to break the resistance at $ 111,000 in 4 hours. In parallel, some altcoins manage to express themselves. The memecoins sector is bouncing, but is this short-term movement sufficient to trigger the same Season, as in 2024? We look at the situation in the sector in the analysis of the day!
Will the same soon accelerate?
This cycle is really complicated for altcoins. Usually the capital first heads for Bitcoin, and then to altcoins. But as the king of cryptocurrencies displays an increase in more than 600 % from the lowest market around 15 000 $THE altcoins remain behind. After a period of correction which lasted several months, Bitcoin managed to exceed his ATH January. However, Altcoins have still not accelerated:
Evolution of performance in the same sector compared to other sectors. Source: The Block according to The Block site, the most efficient sector Since 2024 has been that of memecoins (GMCI even). The index seems to have found a Bottom and Avriland since then, he has late. The same are they close to a bullish acceleration ? The situation recalls the end of 2024, because the index is in the process of side after a correction period. Let's go see the technical situation of the most important assets in the sector right away.
Dogecoin (DOGE) must close beyond $ 0.26
Since the start of the cycle, the Doge has tended to explode following the break of a downstream trendline. The course therefore displays a upward dynamic in weekly, but it is once again blocked under a downstream trendline. If the substantive trend continues, the Doge could once again accelerate in the coming weeks :
DOGE Courses against the dollar (1W)-Register for trading view using our affiliation link. To be able to fly away, the Cours du Doge will have to keep the level of Support at $ 0.17. Also, the course will have to Break the downstream trendline and end beyond 0,26 $. A fence in this way would validate a bullish structure in weekly. If the course relaunches in the coming weeks, it could speed up towards its Ath of 2021 located at $ 0.74. On the other hand, if the course fails to keep the Support at $ 0.17a fall to the Support at $ 0.125 is possible. For its part, the RSI must bounce back beyond 52 so that the Momentum is again solid in weekly.
New fall to come for the Shiba Inu (Shib)?
The price of the shib Tidling since the end of 2024. He remains in a upward dynamic Thanks to the increase movement recorded at the beginning of 2024, but since the end of 2024, the trend is fragile. Shib recently was rejected around Mobiles 9 and 18 horsesand he slipped under the Support at $ 0.0000,115 :
SHIB courses against the dollar (1W)-Register for trading view using our affiliation link. If the course continues to be done reject against the lower megarshe could experience a new fall. And the next solid support is 30 % lowereither around 0,000008 $. To avoid a new drop, the course will have to keep above the level at 0,0000115 $and go back above the mobile averages. If the course shows this resilience, it could bounce back towards the resistance at $ 0.000017. The RSI momentum indicator evolves Under the downstream trendline. For the momentum to be clearly bullish, it will take a break from the trendline.
Dogwifhat (WIF): Towards a rebound on the support at $ 0.7?
After a long down periodbuyers defended the Support at $ 0.33. Following the rebound, the course found the Resistance at $ 1.4. But the course was done Reject around $ 1.4and he then returned to the level of the Support at $ 0.7 :
WIF lessons against the dollar (1W)-Register for trading view using our affiliation link. If the course remains beyond the support, it could find the Resistance at $ 1.4. To get one again upward dynamic Claire in weekly, you will have to break the Resistance at $ 1.4. However, if the course drops and loses the Support at $ 0.7he could drop to the Support at $ 0.33. To draw a series of hollows and clear ascending vertices (Momentum Haussier), the RSI will have to close beyond the Summit at 50.
Bonk (Bonk) must cross the resistance at $ 0.000023 to continue its ascent
Thanks to bullish movement recorded in the past two weeks, the Bonk course has managed to keep the Support at $ 0.000016. And the course is back on the resistance at $ 0.000023 :
Bonk lessons against the dollar (1W)-Register for trading view using our affiliation link. To be able to continue to progress to the Summits of 2024the course will have to record a higher fence at the top at $ 0.000026. On the other hand, if the course blocks against the resistance at $ 0.000023he could return to the height of $ 0.000016 level. In parallel, the RSI draws bullish structures Since March. THE Momentum is therefore bullish In weekly on Bonk.
The Pepe (PEPE) course could bounce on the support at $ 0.00,0009
After blocked at the level of the resistance at $ 0.000014the Pepe Cours is back around the Support at $ 0.000009 :
Pepe Courses against the dollar (1W)-Register for trading view using our affiliation link. A rebound to the resistance at $ 0.000014 is possible. But to be able to find a Clearly upward dynamicyou will have to break the resistance and Close above $ 0.0000165. If the course drops under the support to 0,000009 $he could tumble down to the next Support at $ 0.000006. To keep a Momentum Haussierthe RSI will have to climb over the Summit at 57.
Key elements to remember
The analysis of the day shows that it is still a little early to speak of a real same Season. Despite everything, the sector has been maintained since April, and the situation looks like the end of 2024. If Bitcoin manages to break the $ 110,000 and fly to $ 150,000, the same could accelerate.