Bitcoin season remains in play at an index of 14, as highlighted on CoinMarketCap. Even with heightened market volatility and revolutionary technologies like AI and Telegram gaming, BTC remains the most steady and reliable network. While it has dropped by about 20% since hitting its all-time high in late January, it is still 30% higher than it was a year ago. 

Even so, savvy investors are increasingly looking for opportunities in the altcoins. More specifically, the meme culture has birthed numerous crypto millionaires. This is one of the reasons why revolutionary meme projects like Bitcoin Pepe are raising hefty figures in their first weeks of presale. Its adoption of the meme culture, coupled with the PEP-20 standard and layer-2 solution on the Bitcoin network places it on the list of crypto ICOs to watch in 2025.

Bitcoin ETFs record massive outflows as BTC price remains in the red

Bitcoin price is in the red for the second week in a row as the bulls strive to defend the support zone of $85,000. Since hitting its all-time high in late January 2025, it has dropped by over 20%; momentarily plunging below the crucial level of $80,000 a week ago. 

Amid the selling pressure, Bitcoin ETFs recorded total net outflows of $409.21 million on 7th March as stated on SoSoValue. ARK 21Shares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund topped the list with daily net outflows of $160.03 million and $154.89 million respectively.

A look at its daily chart points to the continuation of the downtrend, atleast in the short term. More specifically, it will likely trade within the range of between $85,083 and the 25-day EMA of $91,054 for a while longer. Failure to attract enough buyers to defend the current support zone will give the bears an opportunity to retest the week’s low at $82,223. 

Bitcoin Pepe surpasses $4 million in less than 4 weeks as momentum heightens

Less than 4 weeks since the launch of its presale, Bitcoin Pepe has already raised over $4 million. Indeed, it is more than a typical meme coin; it is a revolutionary project. 

Through the new PEP-20 standard, anyone can launch a meme coin directly on the highly stable Bitcoin network. This has bridged the gap between the Bitcoin maximalists who view meme coins as an unserious venture and meme coin enthusiasts who saw BTC as being beyond their reach. 

Besides, the Layer 2 solution is aimed at building “Solana on Bitcoin”. This means that investors are assured of Bitcoin’s top-notch security while enjoying lower fees and speedier transactions. 

At stage 6 of its presale, the early adopters have already locked in 27.6% in gains. By the time it hits the public shelves in Q2, their capital investment will have earned cumulative returns of 311.4%. Read more on how to buy Bitcoin Pepe here.

Crypto downturn pushes Solana on range-bound trading

Solana price has experienced intense swings in recent weeks; plunging by about 53% since hitting its all-time high in late January 2025. During this timeframe, it has been in the red for six out of the past seven weeks.  

A look at its daily chart shows the altcoin trading below the 25 and 50-day EMAs, indicating that it is not out of the woods yet. In the short term, the range between the steady support zone of $125.28 and the resistance level of $146.33 will be worth watching. Further rebounding will have the bulls eyeing the next target at $160.10.

PEPE has continued its downward trajectory, hitting a six-month low of $0.00000670. The meme coin’s sustained losses have significantly eroded investor confidence, leading even uncertain holders to pull back. 

The extended drawdown has created a challenging environment, with sentiment remaining overwhelmingly bearish.

PEPE Investors Are Losing Hopes

Short-term holders (STHs) have exited the market over the past month. Their participation has dropped from 11.5% to 7%, a 4.5% decline that reflects the growing reluctance to engage with PEPE at current price levels.

The prolonged downtrend has discouraged traders, as any recent investments have resulted in losses.

Typically, a low STH presence can be seen as a stabilizing factor, reducing volatility. However, this case highlights rising pessimism among PEPE investors.

The absence of new inflows and the reluctance of holders to re-enter suggest that sentiment remains fragile, further delaying any potential recovery.

PEPE’s macro momentum remains weak, with technical indicators signaling persistent bearish conditions. The Relative Strength Index (RSI) has remained stuck in the bearish zone for over a month, indicating continued selling pressure.

The lack of upward momentum suggests that recovery remains unlikely in the near term.

Additionally, worsening broader market conditions have exacerbated PEPE’s decline. Without a shift in macroeconomic or crypto market trends, the meme coin could remain under pressure. Until key resistance levels are breached, bearish dominance is expected to persist.

The PEPE Downtrend Continues

PEPE’s price has fallen to $0.00000670, holding above the critical support of $0.00000632. Sitting at a six-month low, the meme coin’s four-month-long downtrend shows no signs of reversal. If bearish pressure continues, PEPE could lose its support and sink further.

A breach of $0.00000632 would likely result in PEPE falling below $0.00000600. This could extend losses further, pushing the price toward the next support at $0.00000587. Without a strong reversal, PEPE may continue its downward trajectory, deepening investor losses.

The only way to invalidate this bearish outlook is if PEPE reclaims the crucial resistance of $0.00000951 as support. A successful breakout above this level would increase the chances of the meme coin returning to $0.00001000.

However, before this can happen, PEPE must first breach $0.00000718 and $0.00000839, both acting as key resistance levels on the way to recovery.

Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets.

Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends.

Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination.

He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society.

In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come.

His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry.

Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.