The upcoming weekend is shaping up to be a period of heightened volatility for several altcoins as they navigate shifting market trends and project-specific catalysts. Investors should keep a close eye on Polygon (POL), Aptos (APT), and Midnight (NIGHT) as they hit critical technical and fundamental milestones.
Polygon (POL): Searching for a Rebound After Record Lows
POL started 2026 on a rocky note, hitting a historic all-time low of $0.098 on New Year’s Day. However, this dip triggered a "buy the rumor" surge, pushing the price up over 37%.
- The Bull Case: If POL can flip the $0.138 level into solid support, the next target is $0.155.
- The Bear Case: Failure to hold $0.129 would signal that the recent recovery was just a "dead cat bounce," potentially sending the price back down toward $0.119.
Aptos (APT): Navigating the Token Unlock Pressure
Aptos is facing a significant external hurdle: a scheduled release of 11.31 million tokens (worth roughly $20.58 million) into the circulating supply. This influx of liquidity often leads to selling pressure.
- The Bear Case: Already down 7.6% recently, APT is hovering near $1.81. If it loses this floor, a slide toward $1.56 or its all-time low of $1.41 is possible.
- The Bull Case: If buyers absorb the new supply, a bounce back above $1.96 could happen. Reclaiming $2.05 would officially neutralize the current bearish outlook.
Midnight (NIGHT): Fighting a Cooling Trend
NIGHT has lost momentum after a failed attempt to breach the psychological $0.1000 mark, resulting in a 26% price drop. Technical indicators like the Parabolic SAR have now shifted to a bearish stance.
- The Bear Case: Having lost the $0.0753 support level, the path of least resistance appears to be down toward $0.0609.
- The Bull Case: Despite the slump, NIGHT remains a popular asset. If a wave of "buy the dip" interest returns, the coin could target a recovery toward $1.00, with its sights ultimately set on its $1.20 all-time high.
January 2026, Cryptoniteuae