Binance reopened HYPE and APT withdrawals nearly ten hours ago, but both coins have actually gotten weaker.
That post at 6 p.m. last night said that HYPE holding above 79.4 would show the news was being taken seriously, while a break below 77 would mean the bullish news couldn’t hold it up. It only reached 78 at its peak, then fell to 76.47 at 1:40 a.m. It broke below 77, and is now at 76.7u. APT is even weaker at 0.585u, just a step away from its 0.58 low on the 6th.
Big Brother’s take is that resuming withdrawals isn’t really bullish in the first place—it just opens the door. Tokens that were locked up for ten days can now be moved, which actually means more sellers in the short term.
What could really support HYPE is today’s Elysium mainnet launch, where HYPE will be used as gas. Whether anyone actually uses it matters much more than whether withdrawals are open. APT has no such narrative, so it can only follow the broader market.
Which of these two will recover first?
$APT#币安恢复HYPE与APT提现 $HYPE
That post at 6 p.m. last night said that HYPE holding above 79.4 would show the news was being taken seriously, while a break below 77 would mean the bullish news couldn’t hold it up. It only reached 78 at its peak, then fell to 76.47 at 1:40 a.m. It broke below 77, and is now at 76.7u. APT is even weaker at 0.585u, just a step away from its 0.58 low on the 6th.
Big Brother’s take is that resuming withdrawals isn’t really bullish in the first place—it just opens the door. Tokens that were locked up for ten days can now be moved, which actually means more sellers in the short term.
What could really support HYPE is today’s Elysium mainnet launch, where HYPE will be used as gas. Whether anyone actually uses it matters much more than whether withdrawals are open. APT has no such narrative, so it can only follow the broader market.
Which of these two will recover first?
$APT#币安恢复HYPE与APT提现 $HYPE
