Since the platform has vigorously developed tokenized U.S. stocks, it has siphoned away the already pitifully low liquidity from the crypto market. There are too few altcoins that can maintain relatively good liquidity in a bear market, and personally, I’m relatively bullish on hype.

$HYPE is still in a daily price downtrend channel. Let’s see whether it can truly break through effectively next week. As for its performance on the weekly chart, the fact that it hasn’t fallen all the way down like other altcoins in this bear market is already pretty good.

For spot holdings, you can buy in batches on dips. I’m still quite bullish on hype’s future value and room for development. We can reassess the crypto market toward the end of the year. If Bitcoin has a strong performance then, I personally think hype still has considerable upside and may see a major rally.

So those of you who like spot trading can keep a closer eye on it. Perhaps in the future it could become like the centralized platform BNB. Those who like trading futures can also try short-term trades; swing trading is pretty good too, and making some pocket money shouldn’t be a problem~

By the way, which other altcoins in the crypto market do you think are worth watching? Let me take a look.