Pippin [PIPPIN] jumped 32.3% in the last 24 hours while Bitcoin fell 3.96% and the total crypto market cap dropped 4.13%. Open interest rose from $178 million on 15 December to $208 million, a 16.85% increase, alongside a 61.8% rise in daily volume. Despite a negative funding rate, coordinated whale accumulation appears to be driving the rally.

On 16 December, Bitcoin fell 4.5% to an intraday low of $85.7k before rebounding to $86.5k, while broader crypto market capitalization slipped 4.4%. Over the same 24-hour window, $652 million in crypto positions were liquidated, with Ethereum seeing $233.5 million in liquidations against Bitcoin's $184.8 million, as rising Open Interest and leverage pointed to elevated volatility and downside risk.

MYX Finance’s token climbed about 8% in the last 24 hours, breaking above the $3 and $3.45 resistance bands and briefly hitting $3.9 on 15 December. While spot volumes and price structure turned bullish, derivatives data showed falling Open Interest and negative funding, suggesting the rally above $3.7 could have been a short squeeze and may face heightened volatility.

ZCash fell 3.82% in the last 24 hours as Bitcoin dropped to $87.5k and then rebounded, leaving ZEC unable to fully recover recent losses. The $400 psychological support, aligned with a key demand zone near $409–$410, has been defended multiple times even as privacy peers like Monero and Dash weakened. Analysts note that a clear move above $425 and a successful retest could open room for another upside attempt, with bullish momentum on higher timeframes still intact but slowed.

Monero [XMR] fell 4.09% over the weekend from Friday’s $419.4 high as price met resistance near $418–$420. According to XMR/USDT data on TradingView, the weekly structure remains bullish, but OBV shows a 7‑month bearish divergence. The analysis points to $400–$395 as nearby support, with a move toward $450 unlikely unless $420 is convincingly reclaimed.

Hyperliquid’s HYPE token remained in a broader downtrend while trading within a tight range between $27.22 and $29.88 on lower timeframes. Analysis of price structure, order flow, and liquidation data suggested that liquidity near $31 and around $26.5 could drive the next directional move.

According to recent on-chain and liquidity metrics, Bitcoin has traded for much of the past month without a clear trend and repeatedly failed to reclaim the $94k zone. Despite signs of accumulation and global M2 liquidity hitting record highs, demand indicators remain negative, holders face deep unrealized losses, and analysts suggest a move back above $100k would require large capital inflows that are not yet visible.

Cardano's ADA climbed around 30.6% from $0.37 to $0.484 between late November and 9 December around the NIGHT token launch, but buyers failed to reclaim the long-term $0.52 resistance. Daily indicators now show mounting selling pressure near the key $0.405 and $0.37 support zones, and a clean recovery above $0.45 is still needed to argue for a durable bullish reversal.

Over the past eight days, Bitcoin has twice retested the $94k resistance level but failed to break above it, keeping the broader trend bearish despite a three-week rebound from $84k. On-chain data for 2025 indicates short-term holders are facing some of their steepest losses, while stablecoin inflows to exchanges have dropped by 50% since August, limiting fresh demand and reinforcing a sell-the-bounce mindset rather than signaling a looming crypto winter.