The crypto market kicks off 2026 with exhilarating volatility, exciting traders worldwide. While Bitcoin and Ethereum consolidate gains, altcoins like MYX and PEPE steal the spotlight with explosive performances. UNI struggles to confirm its trend, amidst massive market movements impacting investors' portfolios this week.
The surprise of the week comes from MYX Finance (MYX), which has posted a spectacular surge of over 77% in just a few days. The token forcefully broke through the $3 resistance to settle above $6, driven by speculation surrounding the imminent V2 upgrade. High buying volumes suggest active accumulation, fueling obvious FOMO. Although the risk of a technical correction after such a vertical move remains elevated.
On the memecoin side, PEPE dominates significantly with a 70% gain, clearly outperforming competitors like BONK. The token confirmed a clear breakout from its consolidation zone, supported by an aggressive RSI and consistent buying pressure.
Unlike simple ephemeral pumps, PEPE’s surge is accompanied by solid volumes, reflecting a pronounced appetite for risk at the start of the year. As long as market sentiment remains positive, PEPE could target new highs.
Conversely, certain assets are experiencing significant corrections, starting with Uniswap (UNI). After a brutal rejection below the $6 resistance, the token is struggling to maintain its bullish momentum. Indicators are turning bearish in the short term, with a negative CMF signaling sellers regaining control. Defending the current support is crucial to avoid a pullback toward $5.80.
Meanwhile, HYPE (Hyperliquid) continues to stand out in the battle of derivatives DEX platforms. Benefiting from the DeFi 2.0 narrative, the protocol is capturing a growing share of on-chain liquidity as CEX platforms see their market share erode. Its bullish structure remains intact despite more contained volatility compared to MYX.
These contrasting performances reflect a capital rotation typical of early Altseason stages, with inflows toward small and mid-caps like MYX and PEPE. However, the weakness of established players like UNI calls for caution. Everything will now depend on Bitcoin’s ability to stabilize its current zone and allow altcoins to fully express their potential without triggering a purge of leveraged positions.
Related articles:
Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
