Market Flows Into Altcoins While Bitcoin Holds Ground

Bitcoin closed the week up around 2.99%, but the rise alone was not impressive. The real difference came as buyers stepped in during small pullbacks, a typical reaction when the market senses clarity in direction.

Notably, trading interest was not scattered. Volume concentrated on certain tokens, signaling where speculative attention was focused.

Weekly Standouts

• Definitive (EDGE): +64.9% to $0.1645; $12.8M daily volume

• ORE: +62% to $153.98, a surprising weekly mover

• White Whale (WHITEWHALE): +59.1% to $0.06609

• MYX Finance (MYX): +88.03% to $6.53, a standout performer

• Chintai (CHEX): +35.7% to $0.04472, rounding out the top gainers

MYX’s Sharp Turn Is Not a Coincidence

MYX Finance coins closed the week up 82.66% at $6.23, with daily volume surpassing $125M. The surge cannot be explained solely by retail interest. After a period of weakness, this rapid recovery reflects a pattern often seen when Bitcoin is strong.

While such sharp gains are rarely fully sustainable, they demand attention.

PEPE Returns but Risks Remain

PEPE coins rose roughly 50% weekly to stabilize at $0.000006123. Daily trading volume reached $1.23B, highlighting the short-term, high-frequency nature of the move. The breakout came after a prolonged consolidation, showing why meme tokens tend to surge during Bitcoin-led rallies.

However, such momentum often produces equally sharp reversals.

Canton (CC) Moves Quietly but Significantly

CC rose 40.29% to $0.1533. Daily volume hovered around $26M, suggesting the movement is part of broader altcoin strength. Although less talked about than MYX or PEPE, such increases indicate a widening market base. True breakouts often begin quietly, before making headlines.

Bitcoin’s Decision Zone Remains Unclear

Bitcoin currently trades between two key liquidity zones. On the upside, $91,000–$92,000 remains a critical area; on the downside, $88,500–$89,000 draws attention. A gap around $88,200 in CME futures still stands as a potential pivot point.

The $90,000 level is holding, but it is not yet confirmed. Altcoin surges reflect that Bitcoin’s next move could quickly reshape the market again.

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The post Top Gaining Coins of the Week: MYX and PEPE Rally appeared first on Coin Engineer.

SKALE operates as a decentralized blockchain network consisting of independent SKALE Chains. It is designed for high-performance use cases such as gaming, AI, and DeFi. The network offers gas-free transactions to improve the user experience. Meanwhile, the launch of It Remains strengthened price momentum. Fans can interact with the story in a fully immersive way. They also retain complete creative control over content. 

Rising Trading Volume Sparks Concerns 

Alongside the price surge, SKALE’s trading volume also increased sharply. On August 13, daily volume reached $329M, then jumped 175% to $905M the next day. This volume far exceeded the typical daily average of $10M for the month. Binance and Bithumb accounted for most of the trades. On the other hand, SKALE CTO Stan Kladko noted that much of the trading activity is driven by bots. This raises questions about the long-term sustainability of the price increase. BeInCrypto also pointed out signs that the rally could face a temporary cooldown. 

Nevertheless, upcoming strategic developments around SKALE’s MEV-resistant Layer 1 blockchain, FAIR, could create positive momentum. The network is currently inviting users to join a waiting list. Additionally, planned updates and services have the potential to boost network usage. In conclusion, while short-term price action draws attention, long-term strategic moves will determine SKALE’s trajectory. 

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The post SKALE (SKL) Soars 145%: Why Trading Volume Raises Concerns appeared first on Coin Engineer.

Technical Analysis

On the daily chart, $ETH is strongly bullish, having decisively broken the critical $4,100 level over the weekend. Now, the only major resistance ahead is the ATH level. For $ETH, which continues its rise without testing the gained zones on the daily chart, the previous resistance at $4,100 has now become an important support. As long as daily closes stay above this level, no momentum loss is expected. 

In case of a pullback, the first level to watch is $4,100. However, short-term dips to $3,940 might be seen intraday to shake out buyers entering at this level. 

On lower timeframes

Looking at shorter timeframes, the price has not yet formed a new peak and has been limited to liquidity grabs only. Unless there is a 4-hour close above $4,333, it may seek to reclaim liquidity left below. The liquidity at the last confirmed peak of $4,142 remains open. With liquidity taken from this area, it may aim for a new higher peak. 

As long as closes remain above $4,142, the positive outlook will be maintained, and the structure in lower timeframes will not be broken. If only liquidity grabs occur below this zone without breaking it, the target remains a new peak. 

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The post Ethereum Technical Outlook and Analysis 11.08.2025 appeared first on Coin Engineer.