Crypto Rollercoaster: Analyzing This week’s Biggest Gainers and Losers (April 2025)
A look at the volatile crypto market performance as of April 6, 2025, with expert insights for U.S. investors.
The cryptocurrency market often feels like a rollercoaster, and the first week of April 2025 was no exception. While many anticipated a bullish Q2, the reality was a mixed bag, with select altcoins leading the charge while others faced important downturns. This report zeroes in on the week’s most notable gainers and losers, providing U.S. investors with a clear, data-driven analysis of the market’s movements.
Capital rotation was a defining trend, as investors shifted focus towards mid- and low-cap altcoins. These assets delivered ample gains, outpacing Bitcoin’s performance during its consolidation phase.
Market Winners
EOS [EOS]: Miner-Free Blockchain Takes the Lead
EOS [EOS] kicked off Q2 with a strong 11.49% surge, reaching $0.7129 after recovering from a dip at $0.53. This rebound effectively erased two weeks of losses.The upward trajectory continued as EOS surpassed its mid-January resistance level of $0.8864, gaining 6.73% and pushing its market capitalization above $1 billion on April 3rd.
Over a three-day period, EOS skyrocketed by 35.65%, becoming the week’s top performer.
The EOS/BTC pair reached a four-month high,signaling a significant shift in capital allocation. Risk appetite grew,partly fueled by discussions surrounding potential tariff plans,leading investors to flock to this mid-cap asset.
Though, the rally proved short-lived.The Relative Strength Index (RSI) soon entered overbought territory, triggering a cascade of liquidations.
This resulted in $20 million worth of closed positions and a sharp correction. EOS plummeted over 12% in just two days, landing at $0.74 at the time of reporting.
Trading volume subsequently declined by 44%, suggesting that the bottom might not yet be reached and that a deeper pullback could be on the horizon.
Pendle [PENDLE]: DeFi Platform Reclaims a Key Resistance Level
Pendle [PENDLE] emerged as the week’s second-highest gainer, surging 19.76% from $2.71 to $3.04. The DeFi platform started the week strong, with an 11.74% jump that propelled it to $3.06. This move allowed PENDLE to successfully reclaim the $3 resistance level after trading below it since February 22nd.
However, daily price action has been volatile, with strong resistance forming at the current level. Maintaining this price point is critical, especially amid a 46.80% drop in volume and ongoing de-risking in the derivatives market.
If volume and sentiment improve, a potential short squeeze could help PENDLE consolidate around its resistance. With no signs of overbought conditions yet, there remains room for further upside.
Bulls might see this as an entry point. However, PENDLE has already retraced 3.65% from its recent close, raising the possibility of a deeper correction ahead.
OKB [OKB]: Utility Token Holds Onto mid-Week Rebound
OKB [OKB] made a late entrance but quickly secured its position as the third-largest weekly gainer, posting a 10.36% surge from $47.99 to $53.78.
Q2 began with a modest 0.63% rebound after a sharp dip. Though, OKB appeared to trigger a potential bull trap, with price action retracing over the next two days, reaching a low of $45.10.
Before a deeper correction could materialize,OKB staged a mid-week recovery,posting a 5.89% single-day rally on April 4th, indicating a potential reversal from the lower levels.
OKB’s bullish patterns have historically followed two-week downtrends, typically preceded by accumulation phases.
This pattern reemerged following the $54 peak on March 19th. A two-week downtrend was succeeded by notable accumulation starting on April 3rd.
At the time of this report, the MACD (Moving Average convergence Divergence) indicator was approaching a bullish crossover, and with trading volume increasing by 88%, strong bullish momentum appeared to be building.
If buying pressure is sustained,OKB could climb further,with resistance at $55 and the potential to test new highs in the coming week.
Currently,OKB is positioned for a potential breakout,making it a significant asset to watch.
Other Notable Gainers
Beyond the top three, the broader market saw some explosive price action. MIU [MIU] led the charge with a staggering 463.4% surge, dominating the top 1,000 tokens in terms of price gratitude. Saros [SAROS] and Cratos [CRTS] followed with substantial gains of 96.9% and 86.1%, respectively. Though, given the extremely low profile and questionable utility of tokens like MIU, U.S. investors should exercise extreme caution.
Market Losers
Immutable [IMX]: Layer 2 Token Dips to Two-Year Low
Immutable [IMX] continued to struggle with strong selling pressure, extending its downtrend into Q2 with a 26.60% decline over the past week.
The token has broken below the critical $0.50 support level for the first time in two years, now trading at $0.406.
At the time of this report, the Relative Strength Index (RSI) was deeply oversold, potentially signaling a reversal.
However, with high market supply and diminishing volume, the path of least resistance appeared to be to the downside, especially if $0.40 fails to hold as support.
Additionally, with spot accumulation not yet kicking in and on-chain demand remaining low, it is indeed difficult to confirm this as a strong demand zone.
Unless this condition shifts, the downside risk remains significant, and IMX could face further declines before finding a solid support level.
Berachain [BERA]: PoL chain Closing in on Top Loss Position
Closing in on Immutable with a 25.70% weekly drawdown, Berachain [BERA] has emerged as the second-largest underperformer of the week, retracting from $6.89 to $5.56.
Over the past seven days,BERA has registered a notable 25.70% depreciation, plummeting from $6.89 to its current market price.
This price decline has led to a market cap of $631.20 million with a circulating supply of 107.99 million BERA tokens.
The downturn is attributed to market volatility, profit-taking, and broader sector corrections.
While Berachain’s Proof-of-Liquidity (PoL) mechanism continues to attract attention,caution is advised as the market remains highly volatile.
Analysts anticipate a potential rebound, but fluctuations are expected.
