Floki Falls 8.2% Amid Bull Trend — Short-Term Weakness, Bullish Underpinning

I note that FLOKI's price has slipped 8.2% over the past 24 hours, even though the broader technical setup still points to a prevailing bullish trend. I see the RSI sitting at a neutral 46.65, and while short-term weakness is evident, momentum indicators suggest the underlying bullish impulse remains intact.

I also observe Zora hitting a fresh all-time high — it's worth asking whether this is organic demand or Coinbase-driven listing effects. Binance Alpha will list Overlay Protocol (OVL) on August 14, and eligible users can redeem Alpha Points for a potential airdrop, which could spur short-term interest.

Major infrastructure and macro items are in play: Stripe is reportedly building a payments blockchain called 'Tempo' with Paradigm, US spot Ether ETFs recorded a daily inflow of $1 billion for the first time, and Metaplanet boosted bitcoin reserves with a $61m purchase. On-chain moves include a whale withdrawing 500 BTC from Binance and addresses staking nearly 14,942 ETH and depositing it to Binance.

I note several token-specific moves: CRV is down 8.2% but holding above key support near $0.85; INJ trades at $13.64 and could break resistance at $15.39 toward $20 after today’s primitive reveal; ALGO reclaimed $0.25 despite USDT delisting news; PEPE and WIF (dogwifhat) are testing support after ~7–8% pullbacks; HBAR and TIA show mixed indicators following recent moves; LDO is up with strong bullish impulse but an overbought RSI; AAVE remains above $294 amid volatility; FIL is testing crucial support despite AI-related partnership headlines; and Monero faced a reported 51% attack that a pool called Qubic describes as a technical demonstration.