Core Insights - Seeker's post-launch momentum has significantly declined, with the price dropping nearly 70% from its peak of approximately $0.067 to around $0.024, indicating a lack of buyer support [1] - The current focus has shifted from potential upside to the risk of further price declines, now largely dependent on bearish market forces rather than bullish support [1] Group 1: Market Indicators - The Chaikin Money Flow (CMF) has remained below zero since January 24, indicating that capital is flowing out of Seeker rather than into it, which is a bearish signal [2] - An attempted recovery in CMF on January 26 failed, and the indicator continues to trend lower, suggesting a lack of buyer conviction [3] - The Relative Strength Index (RSI) shows a bearish divergence, where price increases are not supported by strengthening momentum, further indicating weakening buying pressure [4][5] Group 2: On-Chain Data - On-chain data reveals a 5.31% increase in exchange balances over the past 24 hours, with approximately 23.6 million SKR tokens moving onto exchanges, signaling potential selling intent [6] - Smart-money holdings have decreased by around 4%, indicating a lack of significant dip buying and rebound conviction among informed investors [6] Group 3: Demand Dynamics - There is a notable absence of spot demand for SKR, which is critical as the price approaches levels where buyers typically enter after a significant correction [7] - The lack of buyer presence at these levels suggests that bulls are not defending the price zone, raising concerns about further declines [7] Group 4: Derivative Market Influence - With spot buyers absent, the only remaining force that could prevent a further breakdown in Seeker's price is bearish leverage in the derivatives market [8]

Market Overview - The final weekend of the month is expected to be relatively calm as geopolitical tensions ease, potentially allowing crypto markets to regain stability and find clearer direction [1] Tezos (XTZ) - Tezos is set to benefit from the Tallinn upgrade, which aims to enhance network efficiency, speed, and security, making it a closely watched asset for potential volatility [2] - Technical indicators suggest a possible breakout, with Bollinger Bands converging. If the price expands post-upgrade, it could exceed $0.59 and $0.62, potentially reaching the $0.66 resistance level [3] - The bullish scenario hinges on market reaction; if traders do not respond positively, XTZ may remain range-bound between $0.55 and $0.62 [4] Seeker (SKR) - Seeker has shown a strong performance, surging 335% after launch and reaching a new all-time high of $0.0597, attracting speculative interest [5] - Following the peak, SKR corrected by 23.6% and is currently trading near $0.0390, above the $0.0385 support level. If selling continues to outweigh buying, SKR may face downside pressure towards the next support level near $0.0205 [6] - A reversal is possible if sentiment shifts, with renewed buying interest potentially stabilizing prices and allowing SKR to reclaim $0.0517, which could lead to a retest of previous highs [7] Canton (CC) - Canton is showing bullish momentum, with the Money Flow Index indicating strengthening buying pressure, suggesting rising investor interest [8] - CC is trading near $0.142, just below the $0.148 resistance level. A successful breakout could push the price towards $0.164, moving closer to its all-time high of $0.177, which is approximately 24% above current levels [9]