While most coins bleed, $HYPE is still hanging near all-time highs.

Per CryptoSlate (Oct 31), HYPE, LEO and WBT remain near record levels even after the broader selloff that followed the Binance hack. Bitcoin sits around $77,000 and the Fear & Greed Index reads 30.

My take: when the whole market drops and a few tokens hold, traders start asking whether it's real strength or just thin liquidity. Both stories can be true at once.

Which do you think it is for $HYPE right now: genuine demand or a crowded trade? Not financial advice.

#Hyperliquid #Altcoins #CryptoMarket