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Hyperliquid has reclaimed the #1 spot among chains by fees generated! 🔥
The platform racked up an impressive $2.4 million in the past 24 hours. 🚀
HYPEUSDT
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HYPEUSDT
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$VIRTUAL Price Analysis **VIRTUAL** is currently down 6% over the past 24 hours, trading at $0.923. The Parabolic SAR continues to signal a prevailing downtrend, with selling pressure intact due to weaker sentiment and reduced buyer activity. 📉 The token is holding above the crucial $0.916 support level. However, a stronger bearish push could drive the price below this zone, potentially exposing the $0.819 level and signaling deeper losses as sellers maintain control. 👇 If bullish momentum returns, **VIRTUAL** could rebound from $0.916 and retest the $1.000 psychological barrier. A clean breakout above $1.000 would invalidate the bearish outlook and open room for a move toward $1.05. 🚀 (VIRTUALUSDT)
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$ZEC Analysis: Zcash Approaches $400 as Bulls Target a Breakout 🚀 Zcash is up 5% this Friday morning, extending an 8% rebound from the previous session. This privacy coin has formed a clear V-shaped reversal pattern on the daily logarithmic chart, bouncing strongly from the psychological $300 support with three consecutive green candles. ✨ The recovery is now pressing against the 50-day EMA near $420, which acts as the nearest resistance zone. A solid daily close above this level could extend the uptrend and open room for a move towards the $550 supply area. 📈 Daily RSI is at 42 and continues to climb towards the neutral region, indicating selling pressure has eased significantly. Simultaneously, the MACD line is narrowing its divergence, moving closer to the signal line, increasing the probability of a bullish cross and new upward momentum. 🎯 In a less optimistic scenario, should Zcash fail to hold the $400 region and begin to retrace, the 100-day EMA at $323 will be the next key support to watch. 📉 (ZECUSDT)
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$PAXG / USDT continues its impressive rally! 📈 As anticipated, Gold is now poised to challenge its previous All-Time High. This key milestone indicates strong underlying bullish momentum. On Hyperliquid, whales are showing extremely bullish sentiment towards $PAXG. 🐋 The long position ratio for PAXG currently exceeds 86%, marking it as the highest among all tracked tokens. This robust accumulation signals significant confidence. Such moments present unique opportunities in the market. Keep a close watch on $PAXG as it navigates this critical resistance level. Don't miss out on potential developments in this exciting phase. (PAXGUSDT) #BTCVSGOLD #BinanceBlockchainWeek #TrendingTopic
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Consideration for a long Entry on $LYN. The LYN/USDT pair is being observed by market participants for potential long opportunities. Always conduct thorough research before any trade. 🔍 However, recent developments raise questions about the project's status. The Season 1 campaign concluded, but rewards remain pending for participants. This has led to community concerns. 🚩 Furthermore, the official X account has been notably quiet, with no posts since November. Such a lack of communication from the team often signals potential risks or transparency issues. Exercise extreme caution and due diligence if considering this asset. ⚠️
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🚨 Bitcoin Spot ETFs See $195M Outflow Across All Funds! On December 4, $BTC spot ETFs experienced a significant net outflow of $195 million. All 12 funds registered negative flows, marking a notable shift in market dynamics. BlackRock's IBIT led with $113 million in outflows, while Fidelity's FBTC saw $54.2 million exit. Despite this, their lifetime inflows remain substantial at $62.55 billion and $12.063 billion, respectively. The total assets under management for these ETFs now stand at $120.68 billion, representing 6.54% of Bitcoin's total market capitalization. Cumulative inflows for all funds are at $57.56 billion. 📉 This widespread outflow contrasts sharply with recent positive trends, indicating a potential cooling of sentiment among both institutional and retail ETF investors in the short term. #CryptoETFMania #BinanceBlockchainWeek #Bitcoin
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