Market Analysis

Dogecoin (DOGE) fell to $0.082 on August 31, extending its weekly decline to more than 12%. Since August 21, whale holders with 1 million to 100 million DOGE have sold a combined 260 million tokens. Sell-side pressure has led the market for three straight days from August 28, with net selling totaling $21 million over that period. Futures open interest has dropped from $1.58 billion to $1.27 billion as long positions are unwound, while DOGE ETFs have logged $800,000 in net inflows since August 17.

UNI rose 3.16% in 24 hours as USD 831.55 million turnover and recent permissioned-pool progress kept DeFi attention elevated.

AXT (AXTI) fell 12.39% to close at $58.63 on August 28, 2026, as profit-taking spread through optics and indium-phosphide names. Read the daily analysis of AXT Inc's optics-cycle outlook, momentum risk and key technical levels.

IONQ fell 7.68% to $39.20 in the August 28, 2026 regular session as quantum-computing pure plays faced renewed valuation-sensitive selling. Read the daily analysis of IonQ's sector de-risking outlook, momentum risk and key technical levels.

IREN fell 12.53% to USD 35.45 on August 28, 2026, after investors weighed a quarterly revenue miss and a large reported loss tied to its mining exit. Read the daily analysis of IREN Limited's earnings-reset outlook, momentum risk and key technical levels.

Arm Holdings (ARM) fell 6.33% to $239.05 in the August 28, 2026 regular session as technology and chip risk appetite weakened amid an elevated-yield backdrop. Read the daily analysis of Arm Holdings plc's sector-risk outlook, momentum risk and key technical levels.

Strategy (MSTR) fell 7.34% to $127.31 in the August 28, 2026 regular session as Bitcoin weakened and high-beta digital-asset exposure was repriced. Read the daily analysis of Strategy's Bitcoin-linked outlook, momentum risk and key technical levels.

PayPal (PYPL) fell -12.71% to USD 53.66 in the Aug 28, 2026 regular session after reports that the Advent-Stripe consortium ended its pursuit of the company. Read the daily analysis of PayPal Holdings Inc's takeover-talks outlook, momentum risk and key technical levels.

NVIDIA (NVDA) fell 4.57% to $217.55 on Aug 28, 2026, as strong results met an elevated bar and renewed AI financing concerns pressured semiconductor risk appetite. Read the daily analysis of NVIDIA Corp's post-earnings outlook, momentum risk and key technical levels.

Lumentum (LITE) fell 6.39% to close at $895.00 on August 28, 2026, as investors de-risked AI-optics exposure amid a broader peer selloff. Read the daily analysis of Lumentum's optics-sector outlook, momentum risk and key technical levels.