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Bitcoin and Altcoins: Exploring new paths

2026-09-03 09:29:02
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Bitcoin and Altcoins: Exploring New Paths

The cryptocurrency market is showing fascinating trends, with Bitcoin firmly above the 200-day exponential moving average. As Bitcoin prices hover around US$78,200, investors are closely watching the trend of altcoins such as Dogin, Hyperliquid and Shiba Inu. Despite the recent rally, the market is still looking for a clear direction, indicating that the market is in a strategic adjustment stage.

Bitcoin's main equilibrium range has been determined?

The technical focus is on Bitcoin's breakthrough of the US$72,300 mark-its 200-day exponential moving average. After breaking through the US$63,000 -65,000 range strongly, Bitcoin is currently moving sideways around US$78,200, a price that has important long-term significance. It is worth noting that the consolidation between $77,000 and $81,000 suggests market stabilization rather than a sharp reversal.

Bitcoin's continued consolidation in the US$77,000 to US$81,000 range reflects a high equilibrium rather than a strong recovery trend. Although many attempts to break through the US$80,000 -81,000 resistance were suppressed by selling, there was no significant decline, indicating strong technical support. The Relative Strength Index (RSI) is at 69, indicating that the market is stabilizing; support to watch is at US$76,500 -77,000 and US$72,000 -73,000, while a potential upside target is at US$82,000.

Can dogcoin hold the US$0.080 mark?

Yes, Dogecoin is working hard to defend the key support level of US$0.080 -0.082. Currently trading at US$0.0823, key short-term moving averages are converging in the region after recent gains. The challenge is that control has not yet been fully transferred to buyers, and the RSI's return to 55 indicates that overbought pressure has eased. If the US$0.080 support level is maintained, the target price may rise to US$0.086 and US$0.090; if it falls, it may fall back to US$0.075 and US$0.070.

Can Hyperliquid maintain its upward trend?

Although Hyperliquid is above the main moving average, it still faces challenges whether it can maintain its upward trend after the breakthrough. The native token HYPE fluctuated within a narrow range between US$79 and US$86, showing both strength and implying the possibility of a correction. Analysis shows that the 50-day moving average is at US$63.7, the 100-day moving average is at US$62.5, the short-term moving average is at US$72.8, and the 200-day moving average is strong at US$55. The likelihood of a price reaching $90 or even $100 depends on whether it breaks through the $85 -87 range. On the contrary, the key support level is US$80, and further look down on US$75 -73.

Shiba Inu stabilized and rebounded

Shiba Inu stabilized at around US$0.0000518 after the correction, slightly above the key US$0.000005 mark. Recent price movements show increased stability, and if support is held, it may move towards US$0.000054 and US$0.000055. Continued resistance is at US$0.000057 and the RSI is stable at 54, indicating moderate market interest.

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