8 p.m. market update: Bitcoin is still hovering around 80,000, down 1.5% on the day. SOL is down 2.4%, holding around 100, while BNB also caught up with the overnight losses, slipping nearly 3% to 740. In a sea of red, HYPE stubbornly climbed almost 8%, moving above 88 on solid volume.
With major tokens all falling, what’s driving its outperformance? Is fresh money really flowing into on-chain derivatives, or will it pull back once the short squeeze is over? Would you get in now, or wait for a retest of 80? #HYPE #SOL $HYPE $BTC $SOL
With major tokens all falling, what’s driving its outperformance? Is fresh money really flowing into on-chain derivatives, or will it pull back once the short squeeze is over? Would you get in now, or wait for a retest of 80? #HYPE #SOL $HYPE $BTC $SOL
