According to Cas Abbé, $ALGO has retested its daily support zone, and the Relative Strength Index (RSI) is deeply oversold, which historically suggests a potential reversal. With the staking process now live, the scarcity of $ALGO is expected to increase, potentially leading to a supply crunch. Traders are advised to monitor these developments closely.

According to Cas Abbé, $HBAR has successfully retested its support zone on the 2W timeframe. The Relative Strength Index (RSI) is back in the neutral zone, indicating a potential accumulation period for traders. Cas Abbé suggests this could be a strategic time for investors to consider accumulating HBAR, with a positive outlook for the price to exceed $1.5 this cycle.

According to Michaël van de Poppe, $AAVE is exhibiting strong market performance as the DeFi sector gains momentum. The cryptocurrency has maintained its higher timeframe support zone, suggesting resilience and potential for upward movement. van de Poppe anticipates a push towards the all-time high (ATH) in the next 1-2 weeks, highlighting potential trading opportunities for investors focusing on DeFi assets. Source: Michaël van de Poppe via Twitter.

According to @GreeksLive, the sentiment among traders is predominantly bearish with a strong focus on the $88-90K support zone. There is division among traders on whether the market will see a bounce or further downside. A potential breakdown below $88K is closely monitored.