The sharp retreat seen in Bitcoin last week turned the attention in the crypto market back to the altcoin front. While the leading cryptocurrency has fallen from $96,000 to $88,000, analysts think that the short-term correction may open space for new generation altcoins. As capital rotation accelerates in the markets, assets such as Solana Mobile Seeker, Pump.fun and Official Trump are expected to come to the fore in the coming days. Price behavior in the first trades of the week is producing technically critical signals for these three altcoins.
How Did the Drop in Bitcoin Affect Altcoin Appetite?
Last week, the Bitcoin price lost approximately 7 percent in value and approached its monthly bottom. This retreat in global crypto markets brought about harsh liquidations, especially on the side of leveraged transactions. According to the data, more than $25 million in positions were closed in the last 24 hours alone, and most of this amount came from long-term transactions. The weakening of Bitcoin, which is at the center of the market, does not indicate that risk appetite has completely disappeared.
According to experienced analysts, the decline in prices does not constitute a collapse that disrupts the general structure of the market. On the contrary, as big players turn to profit-making, a suitable basis is created for capital to shift to smaller and more volatile projects. Especially altcoins that have entered the market recently or provide high returns in a short time can attract investor attention more easily in such periods.
In this context, assets such as Solana Mobile Seeker, Pump.fun and Official Trump are among the main agenda topics of the week. In all three projects, technical indicators show that prices are at the decision stage at certain thresholds. Investor behavior reveals that the search for short-term direction is gaining momentum.
Technical Outlook for SKR, PUMP and TRUMP Prices
Solana Mobile Seeker entered a strong correction period after rising more than 200 percent last week. The price, which rose above $0.05 after being listed on multiple major exchanges, faced intense selling pressure. While SKR is at approximately $0.028 in current transactions, it is noteworthy that it is below the short-term moving averages. The fact that the RSI indicator is around 50 reveals that there is no clear advantage between buyers and sellers. It seems possible that the upward momentum will strengthen again if the price settles above $0.035.
On the Pump.fun side, a more balanced picture stands out. The fact that the price found support around $ 0.0024 shows that the buying desire at low levels continues. PUMP, which has increased by more than 5 percent in the last 24 hours, has approached the falling resistance line. Any sales from this level may push the price below $0.00235 again. If the resistance is exceeded, the $0.0033 region may come to the fore.
The sharp decline experienced on the Official Trump front last week triggered the search for a strong recovery after the short-term peak. Although the price falling below the 20-day average indicates that sales pressure is increasing, accumulation at the bottom levels is noteworthy. TRUMP’s permanent settlement above $5 may open the door to a new movement that could carry the price to the $5.7 band. In the opposite scenario, the $4.4–$4.1 range may be retested.
