On July 28, the cryptocurrency market showed varied trends: Shiba Inu (SHIB) experienced a strong breakout with increased volume, signaling a potential early recovery phase if it sustains above key moving averages. Chainlink (LINK) is attempting a trend reversal, trading above short-term moving averages but still facing resistance near $9, with a full bullish reversal pending a break above the 200-day EMA. Stellar (XLM) remains in a consolidation phase, trading between key moving averages with low volatility and volume, awaiting a catalyst for direction. Hyperliquid (HYPE) is in a corrective trend near its 100-day EMA support, with potential for a comeback if buyers hold this level, but a break below could signal a deeper retracement. These movements highlight cautious optimism amid ongoing market adjustments.
After a bullish week adding over $480 billion to crypto market cap, Bitcoin led inflows but dipped slightly at August's end. Hyperliquid (HYPE) reached a new all-time high and entered price discovery, showing strong momentum with a 3% pullback that c...
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
Hyperliquid (HYPE) surged to a new high near $82.50, breaking past its previous resistance of $75-$77 and confirming a bullish breakout. The token trades well above key moving averages, signaling strong momentum, but its high RSI of 80.55 suggests it...
Hyperliquid reported generating $6.2 million in fees in a single day, exceeding the combined fees of the top five blockchain networks. This surge reflects strong user activity and market interest, with its token HYPE valued between $79 and $81 and a ...
Institutional investors have significantly increased their holdings in Hyperliquid Strategies, a U.S.-listed digital asset treasury company, with ownership reaching 9.45%. This rise in institutional interest coincides with market predictions that Hyp...
