This week's crypto focus: CPI inflation report stirs market nerves, in-depth analysis of the technicals and catalysts of the three major tokens: PEPE, APT, and PI.

This week's crypto assets market trend will be closely linked to the U.S. CPI inflation data report, which may affect the Fed's interest rate decisions and trigger significant fluctuations. With expectations of a mild recovery in inflation, investors are betting on the bullish momentum that may come from interest rate cuts. In this macro context, the three major tokens—PEPE, Aptos (APT), and Pi Network (PI)—stand out due to their unique technical patterns and market catalysts—PEPE benefits from Ether's surge and whale accumulation, APT faces heavy selling pressure from massive token unlocks, and PI rebounds at a key support level. This article will provide a deep analysis of the trading opportunities and risks for these three major tokens this week.

Macro Indicator: The US CPI inflation report may ignite the crypto market trend The biggest suspense in the cryptocurrency market this week is the upcoming release of the U.S. Consumer Price Index (CPI) inflation report. This core economic data will directly impact the Fed's future interest rate policy path. If it shows a moderate rise in inflation, it may strengthen market expectations for interest rate cuts within the year, thereby injecting bullish momentum into crypto assets. Traders need to closely monitor the market fluctuation risks before and after the release of the CPI data to guard against the price volatility triggered by a shift in interest rate expectations.

PEPE: Ethereum surges + Whale accumulates + Ascending triangle, bullish momentum accumulates

(Source: TradingView)

  • Ethereum Linkage Effect: As Ethereum (ETH) strongly breaks through the $4000 mark and is expected to continue its rise, PEPE, as the leader of ERC-20 meme coins, usually benefits from this, and its performance this week is worth paying close attention to.
  • Whale addresses continue to accumulate: On-chain data shows that the holdings of PEPE whales have surged by 10% in the past 30 days, currently holding as much as 9.02 trillion coins. Meanwhile, exchange reserves have sharply decreased, reflecting a clear trend of large holders accumulating.
  • Bullish Technical Formation Constructed: On the daily chart, the PEPE price has successfully settled above the 50-day and 100-day moving averages, forming a classic ascending triangle pattern, indicating that a breakout is imminent. If it can effectively break through the key resistance level of $0.000014, the upward space will further expand.

Pi Network (PI): Historical low point rebound, wedge pattern brewing breakthrough opportunity

(Source: TradingView)

  • Key Support Level Rebound: The PI Token made a strong rebound after hitting a historical low of $0.3198 on August 2, currently rising to around $0.400. This price level resonates with important swing low points from April and June of this year.
  • Technical Indicators Under Repair: The PI price is trying to break above the 50-period moving average and is at the end of a falling wedge pattern. This pattern usually indicates a weakening of bearish momentum, with potential for a bullish reversal.
  • Clear Bull-Bear Watershed: If a bullish breakout is successfully achieved, the first key target level can be looked at the June high of $0.6732. Conversely, if the historical low support of $0.3198 is lost, the bullish expectation will be invalidated.

Aptos (APT): Huge Token Unlocking Pressure, Under Pressure in a Downward Channel

(Source: TradingView)

  • This week's unlock selling pressure is significant: This week, the APT network will unlock tokens worth approximately $53.95 million, accounting for 1.68% of the float, resulting in a major short-term supply shock. It should be noted that APT has currently only released 51% of the total supply, and future unlocking pressure will continue to exist.
  • Long-term downtrend unchanged: The daily chart clearly shows that APT has been in a downtrend channel for a long time. Since the sharp drop from the high of 15.2 dollars last December, the current price hovers around 4.60 dollars, showing signs of weakness.
  • Technical bearish dominance: Recently, the price has been operating within a descending channel and continues to be under pressure below the 50-day and 100-day moving averages. Under the catalyst of the unlocking event, APT is likely to continue its downward trend, testing the support level at the lower trend line of the channel at $4.00.

Conclusion: This week, the crypto market will advance amidst the intertwining of the CPI macro storm and token micro narratives. PEPE seizes the opportunity with the momentum of the Ethereum ecosystem and inflow of whale funds; PI struggles to rebound at a key level, with the wedge breakout determining the direction; APT faces a peak of unlocks, with downward risks increasing sharply. Traders need to keep a close eye on the pulse of CPI data while meticulously studying the technical structure of tokens to capture opportunities and avoid risks amidst fluctuations.

PEPE-4.07%
APT-1.9%
PI1.47%
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