HYPE | Crypto

Bitcoin and select major altcoins have turned down sharply, indicating that the bears are trying to take charge of the market. Key points: Bitcoin’s fall below the $66,000 support heightens the risk of a drop to the $62,500 level. Select major altcoins have broken below their immediate support levels, opening the gates for further downside. Read more

Bitcoin bulls are attempting to seize control of the market, but they are expected to face strong resistance in the $72,000 to $74,500 zone. Bitcoin (BTC) continues to face significant resistance at the $72,000 level, but the bulls have kept up the pressure. Trader Daan Crypto Trades said in a post on X that BTC will have to cross and stay above the $72,000 resistance area to “test the $80Ks again.” Markets tend to hate uncertainty, but BTC’s resilience since the start of the US and Israel-Iran war shows that traders are not keen to sell at lower levels. CryptoQuant analyst Darkfost said in a post on X that March has mostly recorded BTC outflows from crypto exchanges. Although the demand is not sufficient to start a new uptrend, it does signal accumulation by investors. One of the reasons for accumulation could be that investors believe BTC is in value territory. Capriole Investments founder Charles Edwards said in a post on X that BTC is in deep value when the BTC Yardstick metric is considered. In February,...

Hyperliquid’s HYPE token moved into the top 10 crypto assets by market capitalization, beating Cardano's ADA amid a 1,700-fold rise in trading volume tied to oil volatility during the US-Iran conflict. Notably, Bitcoin benefited significantly from the broader bid for crypto during the conflict, but HYPE gained a second channel as traders used Hyperliquid's platform […] The post Why the US-Iran conflict sent traders to Hyperliquid — and pushed HYPE into crypto’s top 10 appeared first on CryptoSlate.

Bitcoin opened the week by rallying straight into a key resistance level. If it holds, BTC and altcoins could embark on the next leg of the crypto bull market. Key points: Sellers will attempt to halt the recovery at $74,508, but if buyers bulldoze their way through, the rally may reach $84,000.  Select major altcoins have risen above their overhead resistance levels, signaling solid demand at lower levels. Read more

Bitcoin faced strong resistance at the $74,500 level, but the shallow price pullback could set the stage for a stronger breakout in BTC and altcoins. Key points: Bitcoin turned down from the $74,000 level, indicating that the bears remain sellers on rallies. Several major altcoins are showing strength and are likely to break above their immediate resistance levels. Read more

Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508. Key points: Bitcoin is facing selling above $70,000, but a shallow pullback increases the likelihood of a rally to $74,508. Select major altcoins are showing strength and may break above their overhead resistance levels. Read more

HYPE technical setup points to an initial breakout toward $50, with growing demand for macro-linked perps adding to the upside case. Hyperliquid (HYPE) may hit $150 by August, according to BitMEX co-founder Arthur Hayes. Key takeaways: CEX volume rotation and demand for macro-linked markets, including oil, are boosting HYPE’s bull case. Read more

Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change. Key points: Analysts believe that Bitcoin will have to stay above the $68,000 level to continue its recovery. Several major altcoins have turned down from their overhead resistance levels, indicating that bears remain in control. Read more

Bitcoin’s recovery picked up steam on Wednesday as the cryptocurrency rallied above $74,000 amid consistent inflows into the spot Bitcoin ETFs. Do technical charts support the move in BTC and altcoins? Key points: Bitcoin’s strong recovery above $74,000, backed by solid inflows into the US spot Bitcoin ETFs, suggests the formation of a short-term bottom. Several major altcoins are attempting to take part in the recovery by rising above their overhead resistance levels. Read more

A closer look at a few important price levels to watch for HYPE in the coming days.

Bitcoin’s attempt to top $70,000 stalled throughout the week, but analysts believe that the short-term downside will be limited. Will altcoins hold on to their weekly gains? Key points: Bitcoin continues to face selling on minor rallies, indicating a negative sentiment. Several altcoins have turned down from the overhead resistance levels, indicating the bears are active at higher levels. Read more

Bitcoin bulls rushed toward $70,000, and ETH reclaimed $2,000 following a drastic improvement in investor sentiment, but will the gains hold? Key points: Bitcoin bulls have pushed the price above $69,000, signaling solid dip buying at lower levels. Several major altcoins have turned up sharply, suggesting that selling pressure is reducing. Read more

Is HYPE at risk of falling to $0?

The failure of the bulls to start a strong recovery in Bitcoin and the major altcoins suggests that the bears intend to remain active at higher levels. Key points: Bitcoin bulls are struggling to sustain the intraday rallies, indicating that every minor rise is being sold into. Select major altcoins are showing weakness, signaling a drop to their strong support levels. Read more

Technical charts show Bitcoin price hanging on to softening support in the $68,000 to $65,000 zone, and a breakdown below the level could usher in new lows in the $50,000 range. Key points: Bitcoin remains under pressure, and the downside might accelerate if the $65,118 level is breached. Several major altcoins are attempting a recovery, but the bears remain sellers on rallies. Read more

Bitcoin and several major altcoins are attempting a relief rally, signaling that the bulls are trying to form a higher low. Key points: Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508. Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers. Read more

Technical charts show Bitcoin and altcoins consolidating as part of establishing a new price floor after last week’s sharp sell-off. As a range is set, will bulls or bears establish dominance? Key points: Bitcoin spot selling keeps a $60,000 retest open as a short-term outcome. Several major altcoins risk resuming the downtrend, indicating a negative investor outlook. Read more

Bitcoin and altcoins saw strong double-digit price rebounds after this week’s brutal sell-off, but do technical charts forecast a longer-term recovery, or is today’s rally just a dead cat bounce? Key points: Bitcoin has turned up sharply from the $60,000 level, opening the door for a retest of the breakdown level at $74,508. Several major altcoins have started a relief rally, which is expected to face selling at the moving averages. Read more

Bitcoin price hit a 15-month low of $72,169, leading one analyst to say a revisit of BTC’s realized price near $56,000 may occur in a few months. Do charts hint at a rebound rally before the weekend? Key points: Bitcoin remains under pressure as the bears attempt to hold the price below the crucial $74,508 level. Several major altcoins are struggling to bounce off their support levels, increasing the likelihood of the resumption of the downtrend. Read more

HYPE continues to defy the overall market crash, posting another substantial increase over the past 24 hours.