Latest Popcat (SOL) (POPCAT) Price Analysis

By CMC AI
05 December 2025 02:41PM (UTC+0)

Why is POPCAT’s price down today? (05/12/2025)

TLDR

Popcat (SOL) fell 4.26% over the last 24h, underperforming the broader crypto market (-2.28%). The drop aligns with its 7-day (-10.27%) and 30-day (-20.26%) bearish trends. Key drivers:

  1. Market manipulation fallout – Recent Hyperliquid exploits eroded confidence.

  2. Technical breakdown – Prices broke critical support levels.

  3. Risk-off sentiment – Bitcoin dominance rose as altcoins bled.


Deep Dive

1. Hyperliquid Manipulation Fallout (Bearish Impact)

Overview: On November 12–13, 2025, a coordinated attack on Hyperliquid DEX triggered $63M in POPCAT liquidations. BTX Capital allegedly placed fake $25M buy walls, lured traders into longs, then crashed prices via abrupt withdrawals (@SpecterAnalyst).

What this means: The event caused a 43% price collapse (from $0.21 to $0.12) and left lingering distrust. Despite partial recovery, POPCAT remains 52% below pre-attack levels as traders avoid leveraged positions.

What to watch: Hyperliquid’s protocol upgrades and any legal action against BTX Capital.


2. Technical Breakdown (Bearish Momentum)

Overview: POPCAT trades below all key moving averages (7-day SMA: $0.1045; 30-day SMA: $0.114). The RSI-14 (43.64) signals neutral-to-oversold conditions, but weak MACD momentum (-0.0076) suggests bears dominate.

What this means: Sellers control the trend, with Fibonacci retracement resistance at $0.1467 (50% level). A failure to reclaim $0.1045 (7-day SMA) could extend losses toward $0.084 (yearly low).


3. Altcoin Weakness (Mixed Impact)

Overview: Bitcoin dominance rose to 58.55% as traders fled riskier assets. The Altcoin Season Index (21/100) signals “Bitcoin Season,” pressuring speculative tokens like POPCAT.

What this means: Memecoins face headwinds in low-liquidity markets. POPCAT’s 24h volume fell 28% to $20.9M, amplifying volatility.


Conclusion

POPCAT’s decline reflects post-manipulation distrust, technical bearishness, and sector-wide risk aversion. While oversold conditions could invite a bounce, the lack of fundamental catalysts and thin liquidity pose downside risks.

Key watch: Can POPCAT hold $0.084 support, or will Bitcoin’s dominance push it to new lows?

Why is POPCAT’s price up today? (04/12/2025)

TLDR

Popcat (SOL) rose 1.96% in the past 24h, diverging from broader crypto trends. Here’s why:

  1. Market Manipulation Fallout – Recent volatility linked to Hyperliquid exploit may have triggered short-term speculative plays.

  2. Whale Activity – On-chain data shows fresh accumulation by large wallets, signaling potential confidence.

  3. Technical Rebound – Oversold RSI (45.03) and bullish MACD crossover suggest a relief rally after prolonged declines.


Deep Dive

1. Market Manipulation Aftermath (Mixed Impact)

Overview:
A November 12–14 Hyperliquid exploit saw coordinated buy walls ($25M) and subsequent liquidations ($4.9M losses), as @SpecterAnalyst reported. While this initially crashed prices, the token’s 24h rise could reflect speculative bets on oversold conditions post-manipulation.

What this means:
Manipulation events often create extreme volatility. Traders might view current prices as a dip-buying opportunity, especially with POPCAT down 55% over 60 days. However, lingering distrust in DEX liquidity (Hyperliquid’s HLP vault lost $5M) caps upside potential.

What to look out for:
Exchange reserves and large wallet movements to gauge if this is a dead-cat bounce or sustained recovery.


2. Whale Accumulation (Bullish Signal)

Overview:
On November 27, whale wallets acquired POPCAT, part of a broader Solana meme coin accumulation trend. This aligns with POPCAT’s 24h volume of $29.3M despite a -19.34% volume drop.

What this means:
Whales often front-run retail traders. Their activity can stabilize prices temporarily, but sustained recovery requires broader retail participation – currently muted (Fear & Greed Index: 27).


3. Technical Indicators Hint at Relief Rally

Overview:
- MACD Histogram: Turned positive (+0.002367), signaling short-term bullish momentum.
- RSI 14: 45.03 (neutral), up from oversold levels earlier this month.
- Key Resistance: $0.14665 (50% Fibonacci retracement level).

What this means:
The bounce aligns with oversold technicals, but POPCAT remains below critical EMAs (30-day SMA: $0.1146). A break above $0.11 could target $0.13, while failure may retest $0.084 support.


Conclusion

POPCAT’s 24h gain reflects a mix of whale-driven speculation, technical rebound, and post-manipulation volatility – but broader bearish trends (down 55% in 60 days) and low liquidity (turnover 0.28x) limit confidence.

Key watch: Can POPCAT hold above $0.10? A close below this level risks accelerating sell-offs, while sustained whale buying might fuel a countertrend rally.

CMC AI can make mistakes. Not financial advice.