The memecoins market is down approximately 1. 4% in the last 24 hours, with its total market capitalization falling to $52. 05 billion amid declining trading volume and heightened sell pressure from investors shifting to more stable sectors. Memecoins lead declines: Top tokens like SPX6900 and Dogecoin have dropped 10-30% over the past week, outpacing the broader [.] Source:.
https://bitcoinethereumnews.com/tech/memecoins-including-dogecoin-decline-amid-sell-pressure-recovery-hinges-on-sentiment-shift/
Related Posts
Tabuena leads Philippine hunt of rich golf pot
CABUYAO, Laguna—Miguel Tabuena will lead a motley crew of Filipinos seeking the biggest ever cash prize to be won on a golf course when the International Series (IS) makes its first-ever Philippine stop at gorgeous Sta. Elena next month. A total of seven home bets will be part of the big field that will be
Mariners Finalizing Contract with Josh Naylor on Five-Year Deal
MLB free agency has officially begun, and the first high-profile signing comes out west in Seattle, where the Mariners are finalizing a deal with Josh Naylor to keep the 28-year-old first baseman in Seattle for five seasons. ESPN’s Jeff Passan was first to break the news. Josh Naylor is one of the best slugging first [.] The post Mariners Finalizing Contract with Josh Naylor on Five-Year Deal appeared first on Heavy Sports.
Nasdaq and S&P 500 near exhaustion
The post Nasdaq and S&P 500 near exhaustion appeared com. The E-Mini Nasdaq and S&P 500 approach the final wave of their five-year bull cycles, while Gold and the VIX begin to turn signalling a possible shift from complacency to caution across global markets. The calm before the turn Global equity markets remain euphoric as the E-Mini Nasdaq and S&P 500 push toward record highs. Beneath the surface, however, subtle shifts in intermarket structure are emerging Gold Futures are showing early signs of reversal, and the VIX volatility index has quietly built a base after months of calm. This combination equity indices nearing technical exhaustion while defensive assets and volatility begin to firm echoes past transitions in 2018, 2020, and 2021, where market sentiment shifted rapidly from confidence to caution. Nasdaq and S&P 500: The final wave of a five-year cycle The E-Mini Nasdaq is advancing into a crucial resistance zone between 26, 324 and 27, 207, completing what appears to be the final leg of a five-year Elliott wave structure that began in 2020. The RSI hovering near 70 and flattening momentum suggest the rally may be running on borrowed time. E-Mini Nasdaq approaches major resistance zones as Gold and the VIX begin to diverge. Similarly, the E-Mini S&P 500 is testing the 7, 471-7, 230 region a major supply zone that coincides with Fibonacci extensions of prior waves. Both indices have experienced two significant corrections within this broader structure, each followed by a rebound that maintained the bull trend. A similar outcome this time would imply a potential 15-35% pullback, targeting the 6, 244 zone for the S&P and 22, 409-21, 536 for the Nasdaq. E-Mini S&P 500 approaches major resistance zones as Gold and the VIX begin to diverge. Macro conditions align with this exhaustion. Yields remain elevated near 4. 5%, profit growth is decelerating, and liquidity continues to tighten.