2026-01-04 09:24:01

It seems that market liquidity is tight, but a strange phenomenon is happening: altcoins just won't stop falling.

After a round of shakeouts in October and November, institutions are re-strategizing. Although BTC failed to break new highs and instead broke below previous support levels, a bunch of small coins are starting to resist declines. This actually reflects a signal—the selling pressure is waning.

When everyone gets tired of selling, funds start looking for new places to go. That’s why coins like PEPE, DOGE, and BONK have been making waves recently.

**Why did PEPE become the darling of this round?**

First, the shakeout was thorough enough. After several sharp drops, retail investors in the market have basically been cleared out, and the concentration of holdings has increased. Second, having a small market cap is an advantage; it’s easier for funds to move the price, and the hype is already there. Third, MEME coins thrive on emotion and narrative; once the market sentiment shifts, these kinds of coins are often the first to launch.

While DOGE is rising due to whale accumulation and increased derivatives activity, PEPE is also accelerating its breakout. The传播力 of meme culture has always been fierce; once market sentiment flips, these assets can easily go viral.

**The pattern of history is quite interesting**

2020 was DOGE’s stage, 2021 saw SHIB take over, and by 2024, PEPE has become the main character. Each cycle needs a trigger; once ignited, the entire market sentiment can spread like wildfire.

But it must be made clear—seeing opportunities doesn’t mean you should go all-in. Position management is always the first lesson; only by staying alive can you participate in the next round.

BTC-1,17%

PEPE-3,89%

DOGE-2,24%

BONK-4,55%

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FlashLoanLarry

· 01-04 09:49

lmao the "altcoins won't dump" thesis is just classic liquidity depth arbitrage in disguise... watching retail chase meme coins while not realizing the actual capital utilization play happening underneath tbh

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OptionWhisperer

· 01-04 09:47

It's the same old story, the MEME coin cycle rotation, a common topic, but PEPE has indeed been remarkably resilient this wave. The logic of retail investors clearing out and concentrating their chips has become so repetitive that it's almost worn out, and every time it's said, the price goes up. But I just don't dare to make a move. Position management is real; I've seen too many people panic-sell and end up crying. Basically, it's about betting on the emotional switch window, but that window usually only lasts a few days. If you're too slow to react, you'll end up holding the bag. Historical patterns are always hindsight, and no one can accurately predict who will be next in the upcoming cycle. If PEPE is really going to take off this time, it should have already started when institutional investors entered. It's probably a bit late to say so now.

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LiquidatedNotStirred