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HYPE—The only salvation for cryptocurrency!
Currently, the entire crypto market
The only one I still want to buy and currently hold
Is HYPE only
From a technical chart comparison of BNB's trend structure history
There are many similarities
But here we won't discuss fundamentals or overall market sentiment
Because they are different
Let's just talk from a technical perspective
Does the current HYPE resemble BNB's trend after the last bull market season started?
The surge after BNB launched + two waves of correction
Then continued to rise, reaching new highs, before falling into a long period of downward correction
Finally, slowly climbing, a weekly big bullish candle breaking the all-time high confirming the arrival of a strong trend!
If we purely compare from a technical analysis perspective
Is HYPE now replaying BNB's trend at that time?
It's just that the fundamentals are different, and the technical structure corresponding to the time cycle is different...
But I believe in this saying
History doesn't simply repeat, but it rhymes with similar patterns.
Thinking negatively, if BTC and ETH's secondary bottoming can't hold
Continuing to hit new lows in this bear market correction
Then, HYPE might also find it hard to replicate BNB's strong weekly breakout and sustained rally
Instead, on a weekly level, it might retest and mostly oscillate above the $49 weekly support zone
Then, after maintaining a correction, it could create new all-time highs again
So, if HYPE has a chance to retest $49–$54
Confidently buy medium- to long-term spot! This will be the best buying opportunity!
I'm very disappointed with the crypto market
Looking around, it's all trash!
The only truly worth buying are BTC and HYPE!
And BTC is not a good buy-in opportunity for now!
#BTC #HYPE