jpyxx Following the recent pullback, Bitcoin’s RSI, that fickle barometer of strength, has begun to stir. Javon Marks, the prophet of the crypto desert, whispers of an upward trajectory, his RSI a flickering candle in the dark. 🧙♂️📈
Pudgy Penguins (PENGU) is chilling at $0.029, down 4% in 24 hours and 10% this week. But hey, even penguins need a break after a summer rally that took them from $0.008 to $0.046. 🏖️ Now they’re back in their cozy support zone, ready to waddle upward again.
On Friday through early Monday, the value of POL experienced a 16% increase, reaching $0.29 for the first time since early March, according to data from CoinDesk. However, it has since slightly retreated, falling below $0.28.
Whales Feast as the Masses Panic
So, Bitcoin hit its all-time high and then face-planted harder than a Mel Brooks punchline. 😂 But fear not, crypto comrades! Bitfinex says the $93k-$95k zone is where the magic happens-a cyclical floor that’ll launch us into Q4 like a rocket fueled by memes and hope. 🚀🤞
Crypto wealth in 2025 is dominated by exchange founders like CZ, Devasini, and Armstrong. Basically, if you’ve ever traded crypto, someone on this list got rich off your fees. 💸
Cardano’s homecoming king, Charles Hoskinson, took a break from his AMA sessions to deliver a dose of reality. Why no Cardano badge for the official U.S. blockchain club? Turns out, Chainlink-the digital oracle that everyone wants to date-quoted them a price so ridiculous, even Monopoly money blushed.
The 1-hour ether chart is basically a drama queen right now. It tried to bounce back from $4,358.6 but got stage fright and stalled around $4,400. Volume’s like, “Nah, I’m good,” and the microstructure’s whispering “bearish flag” or “descending triangle.” If it dips below $4,350, it’s heading for $4,300 or even $4,250. But hey, if it breaks above $4,420-$4,430 with some serious volume, it might just pull a plot twist. 🎉
Now, let us dive-nay, tiptoe with wit and charm-into three altcoins that may face a spot of bother in the first week of this oh-so-precious September. Shall we? 😌
In a Monday report by News1, Lee said that “crypto has extreme price volatility, lacks monetary function” and, oh yeah, “has no intrinsic value.” Yes, he really went there. He continued by noting that virtual assets are like the eccentric uncle at the family reunion-“they’re not really part of the financial family.” He went as far as saying they differ from “traditional financial products” like deposits and securities because they’re just, well, useless. What a bold statement to make right before his confirmation hearing.
