The cryptocurrency market has regained its upward momentum after the holiday. The leading cryptocurrency Bitcoin is heading towards $97,000, while altcoins are also showing strong increases. While the performance of XRP and XLM is particularly striking, the situation is different for some tokens. An analyst with a large follower base warns that some meme coin projects may experience serious declines and also shares his strategies for ZEREBRO and HYPE.

Analyst Expects Correction and Rise for ZEREBRO
As the market moves back into the green zone, analysts are urging caution with a strategic approach. An analyst known by the nickname Altcoin Sherpa predicts that ZEREBRO, an AI system that autonomously performs content production and distribution to platforms, could offer entry opportunities at $0.40. After a correction, the analyst believes that ZEREBRO will be “very strong” in the future. The analyst’s statements on this subject are as follows:

“$0.50 is still resistance and there could be a pullback between here and below $0.60, but I still believe it will be very strong in the future. I have positioned myself well. The team is very talented. If it were me, I would consider around $0.40 as a good entry point.”

Meanwhile, at the time of writing, ZEREBRO was trading at $0.66, up 17% in the last 24 hours. The token is up over 91% on a weekly basis, while the monthly chart is up 133%.

Analyst Positive on HYPE
Altcoin Sherpa also has a positive outlook for decentralized exchange Hyperliquid (HYPE). He recommends those who want to take a long position in HYPE to buy at current prices with a target above the $50 level. At the time of writing, HYPE was trading at $0.2546. The analyst's assessment on this subject is as follows:

“I recommend the DCA (Dollar Cost Averaging) strategy for HYPE in the $30-$25 range and you can feel comfortable with that. Also, consider keeping some liquidity to buy when lower prices come. If prices drop below $20, that would be an opportunity and I would plan to buy more. I still believe it will go to $50 and above before the cycle is over.”

Warnings in the Meme Coin Market
Finally, the analyst touches upon meme coin projects. Altcoin Sherpa states that major meme coin projects such as MOODENG, CHILLGUY or PNUT may “experience a sharp decline” or “fall off a cliff” from current prices. He emphasizes that those who are considering investing in these projects should be careful.