HYPE just hit a new all-time high of $76, adding roughly $6B in market cap since the June 10 reversal.
Key moves behind the rally:
• $11M in shorts liquidated in the last 24 hours • Strong momentum continuation after breakout • Reported wallet linked to Arthur Hayes bought ~$3.16M in $HYPE
When momentum + liquidations + narrative align, price moves fast.
• 5 consecutive green candles • Higher highs forming on lower timeframes • Price sitting near $66.5K resistance zone • MACD histogram deep in green territory at 673.88
Macro sentiment:
• Risk on tone returning across markets • Geopolitical tensions easing based on US Iran agreement headlines
Critical level ahead:
• $67.6K resistance remains the breakout trigger
A clean break with volume could accelerate upside quickly
BTC bounced strongly from the Weekly MA 200 and closed the week up +3.83%.
🟢 Bullish Factors
• Strong reaction from Weekly MA 200 support • Bullish RSI divergence forming, similar to the 2022 bottom • ISM PMI at a 4-year high • Russell 2000 printing fresh ATHs • Progress on a potential US-Iran peace deal
🔴 Bearish Factors
• 4-year cycle timing still suggests more time before a major bottom • Inflation remains above 4% • BOJ expected to raise rates on June 16 • BTC declined after each of the last 8 FOMC meetings
📌 Key Levels
• Weekly MA 20: ~$71K • Weekly MA 50: ~$91K
For now, this looks like a relief rally. Reclaiming the Weekly MA 20 is the first step. Without it, the market could remain range-bound for longer before a more durable bottom forms.
🚨 $ETH is now showing one of the most extreme oversold readings in its history.
Current situation:
• Down ~70% from its ATH • Trading near levels seen 4 years ago • Monthly RSI more oversold than the 2018 and 2022 bear market bottoms • Sentiment near extreme fear levels
For context:
• 2018 bear market: ETH fell ~94% • 2022 bear market: ETH fell ~82%
The big question isn't whether Ethereum is oversold.
The question is whether this marks capitulation... or if one final flush is still ahead.
În ultimele 18 ore, s-au raportat pierderi de aproximativ $1.65T din aur și argint.
Asta e o mișcare uriașă în activele tradiționale de refugiu.
Ca să punem lucrurile în perspectivă:
• Mai mare decât întreaga capitalizare de piață combinată a BTC + $ETH la un moment dat • Volatilitate extremă și în activele "sigure" • Sentimentul de risc scăzut se răspândește în piețe
Chiar și hedging-urile tradiționale nu sunt imune când lichiditatea se schimbă atât de repede.
• Price closed above the previous Feb 6 low • Stop losses below that level were swept, triggering major liquidations • Weekly RSI showing early signs of bullish divergence • $BTC also closed above the 200-week SMA
This kind of structure often appears during early reversal or accumulation phases.
After trillions were wiped out across stocks, crypto, and commodities, all eyes are now on US inflation data.
📅 Wednesday • CPI • Core CPI
📅 Thursday • PPI • Core PPI
Why it matters:
• Lower inflation → could spark a relief rally across $BTC, stocks, and altcoins • Higher inflation → could pressure markets as rate-cut expectations weaken
Expect volatility.
Inflation week is here, and markets are about to get interesting.