On the surface, the encryption market seems to be having a mediocre day, which is being quoted since yesterday. During the past week, most categories (Smart contract platforms, layers 1, tokens defi, tokens dex and even meme coins) have been under pressure. The global capitalization of the cryptography market has fallen from $ 4 billion to $ 3.86 billion, a 3.5% decrease in recent days.
But under the surface, intelligent money, nuances known for fast profits and the most clear positioning, accumulate in silence. Here are three altcoins that intelligent money is buying despite the broader weakness of the market.
Shiba Inu (Shib)
Shiba Inu has corrected more than 6% in the last seven days, but the recoil seems to have attracted a strong purchase interest.
With the September rates cuts on the horizon and the return of the risk appetite, intelligent money seems to be positioning early in Shib, which makes it one of the intelligent money wallets Altcoins that they are buying at this time.
The data in the chain confirm this. During the past week, smart money wallets raised their holdings at 9.29%, added around 3.78 billion Shib.
But the general panorama is even more revealing. The 100 main directions accumulated another 152.7 billion Shib, while the exchange balances fell into 1.1 billion Shib.
In total, almost 1.2 billion Shib, with an approximate value of $ 15.7 million, has become stronger hands, indicating that accumulation extends far beyond only intelligent money.
The technicians provide more support. Looking at the 4 -hour table, which often reveals short -term trends reversions, Shib has just turned after six consecutive bearish sessions.
Bull Bear’s power indicator (BBP), which measures the balance of the purchase and sale pressure, has become positive, insinuating that bulls are recovering control.
The immediate resistance is at $ 0.00001244. A 4 -hour closure above this level could pave the road to $ 0.00001273, while the downward risks resurface below $ 0.00001216 and completely invalidate below $ 0.00001198.
For token ta and market updates: Do you want more tokens ideas like this? Register in the daily newsletter of Editor Harsh Notariya here.
UNISWAP (UNI)
Uniswap’s Token has had a relatively silenced August, with prices that slide more than 3.5% during the past month. Despite this correction, intelligent money has been building in silence, which suggests growing confidence in Token Dex’s narrative. With the liquidity of Stablecoin and the decentralized commercial activity in constant increase, the chips such as the UNI remain central in the defi space.
That context, together with the expectations of September rates cuts, may be pressing intelligent money to accumulate now.
In the last 30 days, UNI intelligent money holdings increased by 6.51%, which led its total stash to 41.67 million universities. At the current price of $ 9.77, that translates into the purchase of approximately $ 24.9 million.
The whales have also been added to their positions, collecting 8.74 million universities. At the same time, exchange reserves fell 0.89%, or 5.8 million uni, signaling exits.
In total, this accumulation reflects more than $ 167 million in the purchase force of the UNI distributed for intelligent money, whales and exchange exits, which illuminates that UNI is one of the altcoins that intelligent money is buying aggressively.
From a technical perspective, the UNI is quoted at $ 9.77 and remains backed by a long -term rising line of trend that has acted as the basis of a broader pattern.
The immediate resistance is $ 9.90, and a break above that level could open up to $ 10.20 and $ 10.50.
The most decisive test is at $ 11.63, which would confirm a bull reversal. However, if Uni slides below $ 8.67, it would invalidate this feeling of configuration and change to bears.
Dao Lido (Ldo)
Lido Dao (Ldo), another defense after Uniswap, has also attracted the accumulation of smart money last week.
Despite Ldo’s correction in more than 17% at the end of August, Smart Money added 2.36% to its stash, which now had 26.48 million tokens. The 100 main directions reflected this bias, raising their holdings by 0.13% (around 1.08 million tokens, with a value of $ 1.32 million).
At the same time, exchange balances fell to 2.2 million tokens valued at almost $ 2.7 million.
Together, this translates into more than $ 4.7 million in net purchase pressure, which suggests a wide accumulation of intelligent money and large holders, even when the whales cut their stash at 13.48% (15.68 million tokens).
Technically, the 4 -hour table shows that LDO has left a descending triangle that had limited the price action since August 23.
This movement means that the bearish trend has been invalidated, although it still does not confirm a bull reversal. It is interesting to observe that the bearish power, according to the BBP indicator, has also decreased.
Intelligent money may be betting on invalidating this bearish configuration could open the door for a short -term rebound, provided that the price generates strength above $ 1.26. If that level turns, the next test would be $ 1.29, which remains an important resistance.
For invalidation, if Ldo is again less than $ 1.21, it would slide under the broken trend line, which raises doubts about the rebound. A decisive breakdown below $ 1.18 would completely invalidate Smart Money’s optimism and would return the impulse to the bears.
Discharge of responsibility
In line with the guidelines of the trust project, this price analysis article is only for informative purposes and should not be considered financial or investment advice. Beinyptto is committed to precise and impartial reports, but market conditions are subject to changes without prior notice. Always carry out your own research and consult a professional before making financial decisions. Note that our terms and conditions, privacy policy and resignations have been updated.
