Deep Dive
1. Technical Correction (Bearish Impact)
Overview: INI’s MACD histogram (-0.00097) and RSI-7 (30.34) signal bearish momentum, with the price ($0.119) below its 7-day SMA ($0.1198). This follows a 249% surge since October 2025.
What this means: Traders are likely taking profits after parabolic gains, compounded by Fibonacci support tests near $0.1185. The 24h volume dip (-3.43% to $1.42M) suggests weaker conviction to push higher.
What to look out for: A sustained break below $0.118 could trigger deeper retracements toward $0.11.
2. Altcoin Weakness (Mixed Impact)
Overview: Bitcoin’s dominance rose to 58.56% (+0.08% in 24h), while the Altcoin Season Index fell 7.14% to 26. The crypto Fear & Greed Index held neutral at 41.
What this means: Capital is favoring Bitcoin over riskier alts like INI, despite its privacy-sector momentum in November. INI’s 24h underperformance (-0.54% vs. ETH’s +0.33%) aligns with this rotation.
3. Dated Catalysts (Neutral Impact)
Overview: INI’s last major update was WEEX’s futures calculator launch (7 December 2025). Recent tweets focus on past milestones like November’s $50M BTC funding round.
What this means: Without fresh ecosystem developments, traders may lack short-term incentives to hold through volatility.
Conclusion
INI’s dip reflects profit-taking after historic gains, muted altcoin sentiment, and a pause in catalysts. While its privacy tech and funding runway ($50M) offer long-term potential, traders are cautiously eyeing Bitcoin’s dominance.
Key watch: Can INI hold $0.118 support, or will BTC’s strength trigger further outflows?