# Plummet Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Plummet", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Why Did Bitcoin and Ethereum Plummet Despite Positive News? Christmas Sell-Off? How to Trade BNB, SOL, 67, U, BEAT, PIPPIN?

The cryptocurrency market is experiencing significant downturn despite positive news, with Bitcoin and Ethereum leading the decline. Analysts attribute this to potential "Christmas sell-off" behavior by large holders, worsening market liquidity, and intensified bearish momentum. Over $551 million in positions were liquidated in 24 hours, predominantly long positions. Ethereum shows a strengthening weekly bearish trend, trading between 2800-3080. A breakdown could target 2100-2200, while holding 2800 may present buying opportunities. Bitcoin faces resistance at 90800-91600 with key support at 83600. Short-term trading suggestions include shorting BTC at 86500-87000 and ETH at 2900-2930. Altcoins like PUMP, ONDO, and ORDI are hitting new lows. Notably, low-liquidity tokens like BEAT (with only $1M liquidity but $3B market cap) and PIPPIN are described as manipulative schemes where developers control over 90% of supply, exploiting funding rates to drain traders' capital. These are considered potentially worthless. BNB's key level is 840 for a potential rebound toward 876, while SOL needs to hold 122 to target 134. The new stablecoin $U on Binance shows weak meme coin liquidity without strong market makers. The overall advice is to avoid chasing pumps in manipulated low-quality assets.

金色财经12/19 08:13

Why Did Bitcoin and Ethereum Plummet Despite Positive News? Christmas Sell-Off? How to Trade BNB, SOL, 67, U, BEAT, PIPPIN?

金色财经12/19 08:13

DOGE Plummeting? 8% Weekly Drop Hides a $1 Easter Egg, Triple Signals Hint at a 6x Surge?

DOGE has experienced a sharp decline, dropping 5.5% daily and over 8% weekly, with its price hovering around $0.137. It has been trading within the $0.13–$0.155 range since Q4, failing to sustain a breakout after a mid-week drop triggered by the Fed's announcement. Despite the downturn, analysts highlight a strong bullish case. DOGE is currently testing a multi-year support level that has historically sparked significant rallies: three previous tests of this support led to surges of 87%, 210%, and 442%, respectively. If this support holds, some predict a potential 610% rally toward $1 by early 2026. Three key bullish signals are noted: - MACD is nearing a bullish crossover, which previously preceded major rallies. - The chart shows a descending wedge and rounding bottom pattern; a breakout could push DOGE to $0.20 (a 60% rise). - The weekly demand zone aligns with past major rebounds; holding here may lead to a 115% rebound toward $0.30. In summary, while short-term performance is weak, technical indicators and historical trends suggest a potential strong recovery, with short-term gains of 60–120% and a long-term target of $1. This dip may present a buying opportunity.

金色财经12/12 02:47