Multi-chain ecosystem warming up: Canton breaks through resistance, Audiera rises for seven consecutive weeks, beware of overbought risks.

[Crypto World] This week, the crypto market presents a variety of landscapes, with strong and adjusting coins competing on the same stage.

The Story of the Bull Market Segment

Canton (CC) performed the best, soaring by 50%, and breaking through the key price level of 0.10 dollars, transitioning from mere speculative hype to being driven by fundamentals. However, it is important to note that the RSI is already close to 80, signaling overbought conditions, and caution is advised for a potential pullback. Audiera (BEAT) also showed strong performance, with a rise of 40%, gaining popularity for seven consecutive weeks, and easily breaking through the upper resistance level; this sustained increase is likely driven by incremental funds. Uniswap (UNI) saw a 20% increase; although this is not the largest gain, the feeling of a bottom rebound is starting to emerge, potentially indicating a turning point.

Game in Adjustment

In the falling matrix, XDC Network (XDC) retraced by 8%, giving back the gains accumulated after the election, and is now hovering near a key support level, which is crucial for its future stability. The decline of Hyperliquid (HYPE) is even more heart-wrenching—one major holder is facing an unrealized loss of 22 million dollars, and such a scale of position fluctuation often affects market sentiment. Although MemeCore (M) is also falling, it has still held its ground near the support level of 1.20 dollars, indicating that there is still buying power.

Dark Horse and Long Tail Effect

Many altcoins have shown impressive gains—BitLight (LIGHT) surged by 274%, and Luxxcoin (LUX) rose by 214%. Such fluctuations in percentage are usually accompanied by high risks and high returns, requiring careful consideration when choosing the timing to engage.