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Ethereum surges, should you buy alts before hitting $4,500: Is DOGE and PI poised for explosive potential?
As Ethereum (ETH) is expected to break through the $4,500 barrier, the capital layout in the Crypto Assets market has entered a new wave of climax. Analysts have pointed out DOGE and Pi Network (PI) as the current most noteworthy potential alts. This article will focus on the latest developments of DOGE and PI, the flow of Whale funds, and technical opportunities to help investors seize the next wave of explosive market trends.
DOGE: Whales are buying in large quantities, a rebound opportunity is brewing
(Source: Trading View)
DOGE has been under pressure recently, dropping 8.55% in the past week and over 3% in the last 24 hours, currently hovering around $0.2034. However, large investors (Whales) have accumulated over 1 billion DOGE in the past 24 hours, valued at approximately $200 million, indicating that major funds are quietly positioning themselves. Although market sentiment is sluggish, the increase in Whale holdings brings potential rebound momentum for DOGE, and if the market warms up, the price is expected to recover quickly.
Pi Network (PI): Whale accumulation, listing expectations drive follow
(Source: Trading View)
Pi Network has seen a downward price trend recently, currently reported at 0.344 USD, significantly affected by token unlocks and sell-off pressure. However, since April, Whales have invested up to 148 million USD to increase their holdings in PI, leading the market to speculate that it may soon be listed on mainstream exchanges. Technically, the key resistance level for PI is at 0.40 USD, and if it can break through, it is expected to trigger a new wave of capital inflow. The continuous accumulation by Whales and the expectation of listings have made PI a popular target for short-term rebounds.
Conclusion
As ETH is expected to break through $4,500, DOGE and Pi Network have become the market focus due to Whale fund movements and technical opportunities. Investors can closely follow the price trends and market momentum of these two major alts to seize the golden opportunity for potential explosive market conditions.