WIF, PENGU, and FET lead the gains: technical observations under the expectation of interest rate cuts

2025-12-10 03:20:18

Abstract generation in progress

In the past day, several currencies in the market have performed quite eye-catching - the news of the Federal Reserve’s possible interest rate cut seems to have given everyone a stimulant, and the meme sector and AI concept coins have risen the most violently.

WIF is now hovering around $0.450, which is a bit hesitant to be stuck at the 50-day EMA. However, the technical side looks healthy: the RSI stands at the neutral position of 54, the MACD histogram is starting to climb upwards, and short-term momentum is accumulating.

PENGU is a relatively stable penguin, holding the defense line of $0.01485 after breaking through without giving up too much. FET is moving more aggressively, with the MACD just showing a golden cross signal and challenging $0.2650 - this is the upper pressure level of its descending channel, and whether it can break through depends on the next few days.

The expectation of interest rate cuts has indeed added fire to risk assets, but these small currencies fluctuate greatly, and they still have to take their time to chase higher.

WIF1.2%

PENGU-3.27%

FET-0.53%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

ImpermanentTherapist

· 12-12 16:07

Buying high is like giving away money. FET is under tremendous pressure right now. It's probably safer to stay with PENGU.

View OriginalReply0

Blockchainiac

· 12-10 19:03

Is WIF about to take off again? I think the 50-day moving average at this level is quite interesting... However, why is FET so weak? It feels like it's being hammered down continuously.

View OriginalReply0

DuckFluff

· 12-10 03:38

As soon as the expectation of interest rate cuts came, Meme coins and AI coins began to jump, and I am familiar with this rhythm

View OriginalReply0

GateUser-74b10196

· 12-10 03:35

As soon as the expectation of interest rate cuts came out, all meme coins soared, and this wave of market is really funny... WIF is repeated there again, I really don't know if it is up or down

View OriginalReply0

FrogInTheWell

· 12-10 03:33

As soon as the interest rate cut comes, everything will rise, and this wave of meme coins is really unbearable

View OriginalReply0

wagmi_eventually