2026-01-19 16:34:40

The anticipated correction is here—time to make a move? We've been bearish on altcoins as several red flags started piling up in the background.

Gaming and metaverse tokens saw unexpected pumps recently, with SAND and AXS leading the charge. Meanwhile, broader market headwinds are building: tariff uncertainty weighing on sentiment, geopolitical tensions creeping into price action.

After Bitcoin rejected 97k and pulled back to 92.5k, the technical picture suggests consolidation before the next leg. The altcoin space looks particularly vulnerable right now—volumes are thin, and conviction is wavering.

This dump might just be the reset the market needed. Watch how altcoins react from here; the next 24-48 hours could set the tone for the bounce or confirm deeper weakness ahead.

SAND1,69%

AXS15,09%

BTC-3,8%

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MevShadowranger

· 01-19 17:03

Oh no, it's that same "Opportunity is here" spiel again, saying the same thing every time. Those pumps in SAND and AXS, everyone who didn't buy in is losing out... Is this really happening this time? Let's wait and see. With such low trading volume, what's there to talk about in terms of technical analysis?

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SillyWhale

· 01-19 16:54

92.5k this level really feels fragile, like paper-thin, seems like it can't break through... the bears are still a bit fierce.

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PensionDestroyer