According to the current liquidation map, the market is currently in a relative balance between long and short positions. Based on the current Bitcoin price of around $118,800, if the market fluctuates by another $2,000 and rises to around $120,800 again, the cumulative amount of short positions that can be liquidated is expected to be about $2 billion. On the contrary, if the market falls to around $116,800, the cumulative amount of long positions that can be liquidated is expected to be about $988 million. The Bitcoin spot ETF had an outflow of $228 million yesterday, and the Ethereum ETF spot had an inflow of $7.6 million yesterday.
In terms of the market direction, the daily line continues to fluctuate sideways. At present, the overall 4H and daily levels of the market are still in a volatile area, while the Ethereum daily level is entering a volatile downward trend. It is necessary to pay attention to whether Ethereum will fall below. Once it falls below, Ethereum will almost continue to pull back, and this round of rise will almost end. At the same time, it is not difficult to find that as Ethereum pulls back, many altcoins have begun to pull back, so spot buyers who buy at a relatively high level should pay more attention.
Bottom-fishing 3 altcoins that could rise 10x in the future!
1. CAKE
PancakeSwap’s native token CAKE has seen a sharp rise in price recently, mainly due to its expansion into the fast-growing Layer-2 network. At the same time, technical indicators suggest that the market needs to be cautious. RSI7 is 80.3, indicating that the market is overbought. The MACD histogram is positive, indicating that the market is bullish, but the price is currently above the key Fibonacci resistance level of $2.63, currently at $2.90. This suggests that a breakout may be possible, but such rebounds are usually faced with a pullback.
Recently, the launch of PancakeSwap Infinity on Base has brought new attention to the protocol. Base itself is also gaining momentum, with new highs in total locked value and decentralized trading volume. This expansion, coupled with Binance Alpha routing transactions through PancakeSwap, is helping CAKE’s network capacity grow.
The hook function in PancakeSwap Infinity introduces smart contract enhancements, providing developers with higher gas efficiency and greater flexibility, which may attract more users. With the Altcoin Quarterly Index rising to 52, CAKE's weekly trading volume growth may continue to exceed 15% if network incentives remain effective. However, CAKE's future depends on whether its token destruction mechanism can keep up with the issuance of unlocked tokens and maintain its dominance as other DEXs such as Etherex enter the Layer2 field.
2.APT
Aptos's stock price is quietly strengthening, and its stock price reflects the confidence of market participants and the changes in the regulatory landscape. APT is up 1.77% in the past 24 hours and 35% in the past 30 days. Daily trading volume fell 25% to $344 million, but this decline did not mask the overall trend.
At the same time, the regulatory clarity introduced by the GENIUS Act, which focuses on stablecoin regulation and risk-weighted asset (RWA) tokenization, provides Aptos with a platform for growth. Currently, more than $540 million of real-world assets have been tokenized through Aptos, which gives it a first-mover advantage.
From the chart, APT shows bullish signs. The 7-day RSI is 85.11, firmly in the overbought zone, but high RSI levels are likely to persist in a strong uptrend. The MACD histogram remains positive, while APT is trading above its 7-day moving average ($5.34) and 30-day moving average ($4.88). Its current price is testing the 23.6% Fibonacci resistance level at $5.18. If it breaks above this level, the next target will be around $6.04.
Aptos has both fundamental and technical strength, but it remains a question whether its momentum can be sustained as more vested tokens enter circulation. If Aptos can maintain investor demand despite equity dilution, it may become the next explosive cryptocurrency.
3.AI16Z
AI16Z is riding the wave of market optimism. The stock has gained 1.89% over the past day, with a 30-day gain of more than 43.6%. Although the 60-day performance still shows a 34.3% decline, the current rebound indicates growing investor interest. Strong technicals support this trend.
AI16Z’s 24-hour trading volume is $131 million, slightly lower than the previous day, with a market cap of $218.6 million. The RSI7 is 68.46, not yet overbought, but leaning towards bullish. The MACD histogram is positive, while the price has broken through the 30-day SMA and EMA, indicating an upward trend. The $0.191 and $0.179 resistance levels have been broken, opening the way for a rise to $0.21 or higher levels.
On-chain and developer activity also present an optimistic picture. GitHub commits are up 12.7% since the beginning of July, and trading volume is up 19% over the past week. AI16Z’s focus on cross-chain AI execution and growing institutional interest support this momentum.
However, the real test will be whether the token can sustain its gains or see volatility as other narratives take over. A strong close above $0.21, and possibly even $0.23, would signal further gains. However, for AI16Z to gain a foothold, it must provide real AI utility, not just cater to market hype.
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