$30 $HYPE jumped over 40%, clearing $30 as anticipation builds around a Kraken listing while rising Bitcoin perpetual liquidity and heavy trading of Gold and Silver in HIP-3 markets fuel bullish momentum.
If price breaks back above the dotted trendline around $ 3,100, a retest of the green box becomes likely which could then trigger a distribution phase and open the door to $4,000+
$DASH failed to hold the bullish structure in the 4H tf and we lost the "dump #1" level. Expecting "dump #2" level at some point. BUT: Macro structure still points to north, so nothing is broken yet.
TAO already did its full cycle earlier. Blow-off top, distribution, then a steady bleed.
The bounce into descending resistance was clean and the rejection was expected. Right now it looks like base-building at best, continuation at worst.
This is the phase where time matters more than price. I’m not chasing $TAO here. I’m watching to see if it can actually build something instead of just reacting.
$DASH is still holding the $62 support! I'm expecting high 70's before (possible) correction to $48 -> We might not even get there, it all depends on how BTC behaves.
Everyone is scared as price looks ready to make a new low. However, this might just be a trap. The ascending channel structure forming on the daily chart is holding so far. And even if price had to eventually crash, we'd likely still have a small pullback to 92k before that happens. On the 4-hour chart, price has been ranging for the last 48 hours, with price staying above 89k most of the time. A quick wick to 88k is still possible but I'm leaning bullish because of this daily ascending channel on both and $ETH .