As of the time this article was written, Bitcoin (BTC) has retreated to the $78,000 region, and Ethereum (ETH) has also failed to maintain its previous upward momentum. Broadly speaking, major market cap tokens have all been in the red throughout the week, causing the optimistic market atmosphere to become increasingly fragile.
In this context, tighten your seatbelt, enjoy a cup of coffee, and let’s review the most notable market movements of the past week.
While most of the cryptocurrency market is in the red, Hyperliquid (HYPE) stands out as a rare bright spot.
On the price chart, HYPE has recorded an impressive breakout streak in recent sessions, soaring from around $20 to test the $32–34 range before entering a short-term correction. Notably, even as it cools down, the price remains above important support levels formed earlier, indicating that demand is still present and quite resilient.
Daily HYPE/USD chart | Source: TradingView
This positive development occurs amid a cautious market reaction to the latest policy decision by the US Federal Reserve (Fed) and the press conference of Chairman Jerome Powell.
According to Coin Photon, Hyperliquid’s market share increased sharply from about 18% in December to over 33% at the end of January, reflecting growing interest from capital flows toward this project.
Stable (STABLE) has experienced a promising and relatively steady week of trading. Throughout the week, the token’s price climbed from around $0.01 to nearly $0.026, before cooling off slightly and stabilizing around $0.023 at the time of writing.
Interestingly, the RSI indicator remains above the neutral threshold, indicating that buying pressure continues to dominate the trend despite the short-term technical correction.
For new readers, StableChain is a payment-oriented blockchain developed to eliminate common barriers in transferring money, especially gas fees.
The project is backed by Tether, and the recent USAT update, with many positive signals, is seen as a key catalyst for the price rally. Previously, Coin Photon also revealed that StableChain is scheduled to implement an upgrade on 2/4, promising a gas fee-free mechanism along with smoother and more efficient payment integration.
Canton (CC) experienced a strong week, rising nearly 29%, from a low of $0.14 to a local peak around $0.18, before entering a technical correction.
The breakout was quite “powerful,” evidenced by a series of decisive bullish candles accompanied by increased trading volume, indicating active and deep capital participation. The RSI indicator fluctuates around 60, while the CMF remains in positive territory, reflecting relatively stable capital inflows.
However, recent correction signals suggest that buying momentum is temporarily slowing after a hot rally. In this scenario, a sideways consolidation in the short term is considered a reasonable and not too surprising development.
Besides the familiar names, a series of emerging projects have unexpectedly shined with impressive gains. Zora (ZORA) surged by 38% within just 24 hours.
Equally notable, Kite (KITE) and Sentient (SENT) recorded weekly increases of 23% and 38%, respectively. These movements indicate that small-cap tokens are going against the overall correction trend, creating rare bright spots in the market.
Over the past week, Story (IP) dropped more than 30%, from around $2.10 to approximately $1.40. Increased selling pressure pushed IP through the middle band of the Bollinger Bands, with price candles hugging the lower band, reflecting prevailing pessimism.
Daily IP/USD chart | Source: TradingView
The RSI indicator fell deep into the 30s—near oversold territory—while the CMF line remained significantly negative. With demand showing no signs of returning, IP is likely to continue under downward pressure or enter a prolonged accumulation phase at low levels.
Solana (SOL) experienced a red-dominated week. The price plummeted about 15%, from the $120–125 range down to around $105, indicating that the bears are almost entirely in control.
Strong selling pressure caused the RSI to drop below 30, while the MACD continued to sink into negative territory. Although oversold conditions could open opportunities for a short-term technical rebound, overall, the current trend structure remains fragile and risky.
World Liberty Financial (WLFI) had a turbulent week, with the price falling about 26%, from the $0.16–0.17 range down to around $0.12. Technical indicators clearly signal negative momentum: RSI plunged below 30, and the DMI shows bears in full control.
More notably, the downward trend persists despite news that a high-ranking UAE royal member invested $500 million to acquire 49% of WLFI’s shares. Although this is a “blockbuster” piece of news, it has not been enough to support WLFI’s price in the short term, reflecting a cautious market sentiment.
The correction is not limited to a few projects but spreads across the entire market. Dogecoin (DOGE) declined about 15%, while Zcash (ZEC) faced even heavier pressure, dropping nearly 18% during the same period.
Notably, Sui (SUI) became the “hottest” red in the group, with its price evaporating by about 22%, indicating that selling pressure remains dominant and shows no signs of easing.
The market always knows how to reward confidence when justified, and it is unforgiving of poor decisions. Short-term fluctuations can be full of “noise” and emotion, but rarely reflect the story’s final chapter.
What matters most is maintaining a long-term perspective, prioritizing capital preservation, and remembering that a period of intense volatility is not enough to define the entire market trend.
SN_Nour
Related Articles
Solana Outshines Ethereum, Achieving Over 5 Billion DEX Transactions in the Last 3 Months
A certain CEX received an inflow of 99,900 SOL eight minutes ago, valued at approximately 9.38 million USD.
Base58 Labs’ BASIS 2026 Blueprint Forges a New Standard for BTC, ETH, SOL & PAXG
Best Altcoins to Invest in 2026? SOL Pushes Higher, and ETH Jumps to $2.2K, Yet Early Buyers Begin Circling The APEMARS’ Top 100X Coin Presale
Solana ecosystem LST protocol Sanctum launches Infinity V2, supporting real-time yield distribution at the slot level