According to on-chain data, Bitcoin has entered its most intense selling phase in three years, even as the holder retention rate has been rising. Analysts noted that this wave of market sell orders usually precedes a bottom and a consolidation period, but current buy/sell index readings still signal a risky environment for buyers. Recent metrics suggest that any price rebound could serve more as an opportunity to exit long positions than the start of a sustained recovery.

Uniswap’s UNI surged past $6 after a governance proposal focused on protocol fees and token burns reached quorum ahead of the 25 December voting deadline. UNI climbed from $5.30 when voting opened at 3:50 UTC on 20 December to $6.16, with traders watching the $5.60-$5.86 liquidity band as a potential pullback zone.

Internet Computer's ICP token climbed 22.6% from Friday's low before giving back 8.46% in under 12 hours, with the broader structure on higher timeframes still bearish. Key resistance remains at $3.78, and analysts note that traders are cautious about entering long positions until price can close above this level on higher timeframe charts.

PUMP has dropped 39.3% from $0.0032 to $0.00196 since December 9, breaking the long-held $0.0025 support. A federal court approved an expanded class-action naming Pump.fun, the Solana Foundation and Jito Labs, while Coinalyze noted a 4% 24-hour rise in open interest despite a 1.57% price decline.

Canton Network's CC token climbed 36% in the last 24 hours, with trading volume up 307% as the price broke above local resistance. Since Thursday, 18 December, CC has gained 54.3% and flipped the $0.079–$0.082 zone into support while its 12-hour market structure turned bullish. A potential retest of the $0.01 support and a drop below $0.095 are seen as key levels for traders watching the current uptrend.

Curve DAO’s CRV token recorded a 6.6% jump in Open Interest over the past 24 hours while its price slipped 2.63% and 9.9% over the week, signaling stronger bearish pressure. After losing the $0.49 level and the March support at $0.37, higher timeframe charts highlight a bearish structure with targets at $0.329, $0.298, and $0.243 unless a move above $0.38 invalidates short setups.

Mantle’s MNT token gained 9.13% over the past week and 1.37% in the last 24 hours while daily trading volume slid 13%, as Bitcoin dropped toward the $85.7k area. Technical indicators on the daily chart signaled steady capital inflows and a bullish bias in December, but the $1.375 resistance and possible invalidation below $1.21-$1.23 kept traders cautious.

XDC Network's token rose 6.14% in the past 24 hours, a move linked to optimism after Biconomy announced the XDC/USDC spot listing on 10 December. On 14 December, XDC closed below $0.0475 on the daily chart, keeping the broader trend bearish. The 1‑hour rally stalled near $0.051 and retraced 4.2% soon after.

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.