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HYPE at $88—did you get scared off?
The NYSE’s parent company has just brought perpetual contracts on-chain, 50 million HYPE have been permanently burned, yet the price plunged from 96 back to 88—just now, it was down 5% in 24 hours, with volume still at 1.5 billion. Is this a deadly correction after the good news has been priced in, or a final shakeout by market makers using the news to throw you off before the rally?
First, the surface: big news, but the price fell instead of rising.
On October 29, ICE announced a partnership, and HYPE shot from 76 to 96 in one go, coming close to a new all-
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BTC-0.67%
ETH-1.26%
HYPE+0.24%
It's lunchtime, everyone. Continuing with onion scrambled eggs ✌️—they're really delicious 😋, and of course, egg tarts
Back to work after eating
What did everyone have for lunch
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$HYPE Currently trading at 88.25, down 5.78% over 24H (range: 88.02–94.02). The 1H outlook is weak (RSI 26.5, EMA 89.82), while the 4H outlook is strong (RSI 61.6, EMA 87.31). If it holds above the 94.02 resistance, it can be monitored further; if it breaks below the 88.02 support, the outlook turns weak. In the follow-up review, watch whether it can hold above 94.02 and whether it can recover after losing 88.02. The two timeframes remain divergent, and short-term moves should not be taken as a trend reversal. Markets are volatile; for observation only.
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HYPE+0.24%
$LSK $LSK — Short entry price: 0.22106 Take-profit 1: 0.21440 Take-profit 2: 0.20780 Stop-loss price: 0.22950 After LSK’s significant rise, it is now well below the high of 0.2488. I want to see whether this recent pullback will develop into a larger correction. $LSK
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LSK-5.32%
🔹 Bonk Guy: Altcoins are holding up relatively well as Bitcoin falls; bullish on the market over th
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$HBAR / USDT 🚀
HBAR is forming a Double Bottom pattern on the 15-minute chart! 👀 Buyers are defending the $0.0713–$0.0715 support zone, showing early signs of a potential bullish reversal.
🎯 Upside Target: $0.0725–$0.0730
🟢 Support: $0.0713
📈 Confirmation: Breakout above $0.0720
⚠️ Invalidation: Breakdown below $0.0710
A neckline breakout could trigger the next bullish move!
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HBAR-1.36%
#BTC’s wave 4 interpretation remains compelling, with price returning to the territory of the previous fourth wave of lesser degree, a useful Elliott Wave guideline.
This supports the corrective scenario and a potential fifth wave higher. A reversal and break above recent lower highs would strengthen the case.
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BTC-0.67%
$LINK LONG — BUYERS ARE READY FOR ANOTHER PUSH!
Entry: 11.405
SL: 11.100
TP1: 11.650
TP2: 11.850
TP3: 12.000
Final Target: 12.250
$LINK is showing promising recovery strength, guys! Buyers have pushed the price higher from recent lows, and the latest pullback could offer another opportunity. If 11.35 holds and buying pressure returns, we could see a strong move toward 12.00 and beyond. Bulls are looking to regain control!
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LINK-0.18%
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BTC MARKET UPDATE
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LIVE1,403
#Gate24HNetInflowsRankTop2
#Gate广场万圣节
Gate: A Powerful Name in Crypto, Built Through Experience, Innovation and Continuous Growth
In the cryptocurrency industry, success is not achieved overnight. Building a global exchange requires years of development, technological investment, user confidence, market understanding, and the ability to adapt to an industry that never stops changing.
This is why I believe Gate deserves genuine appreciation.
Founded in 2013, Gate has spent more than a decade developing its position in the digital asset industry. During this journey, the cryptocurrency market
The market continues to fluctuate and consolidate, with support at 2200 and resistance at 2270. It is range-bound intraday, and the daily downtrend remains unchanged#ETH回落
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ETH-1.26%
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Spot Bitcoin ETFs saw another wave of outflows last night Eastern Time
Net outflows were about $643 million
Nearly the largest single-day outflow in four months
IBIT: about -$234 million
FBTC: about -$201 million
ARKB: about -$130 million
ETH ETFs also saw roughly $156 million in outflows at the same time
Just a few days ago, people were saying institutions were buying
Now they’ve turned into ATMs again
I’ll note down the numbers for now
Will keep watching the market’s reaction over the weekend
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BTC-4.93%
ETH-4.39%
The Cursor plugin marketplace distributed a tampered Claude Code extension for about 11 hours on October 29; up to 5,000 developers may have downloaded it. The malicious code inserted a loader at the beginning of extension.js, which ran automatically after installation and collected information such as usernames, hostnames, and public IP addresses.
An official marketplace for connecting AI Agents to external tools ended up becoming an entry point for a backdoor. Developers came to install a Claude Code extension, but got an SSH backdoor and information collection bundled in. That's the conveni
BTC-0.67%
$BTC Active addresses on-chain are down a certain percentage over the past three days. Interesting. Funding rates have been positive for three days straight, meaning longs are paying shorts interest—someone’s stubbornly holding the line here. Whether support holds depends on whether volume picks up this week. If you’re dollar-cost averaging, don’t fixate on this move; a dip is actually a chance to scoop up more. I hope I’m wrong this time—if I am, it means the market is still alive. Keep an eye on #DeFi #BTC
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BTC-0.65%
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🐋 WHALE WATCH : Biggest drops in the last 24 hours
=> $PYTH -13.53%
=> $TIA -12.51%
=> $CRV -12.40%
=> $FET -9.10%
=> $AERO -8.88%
=> $CAKE -8.70%
=> $INJ -8.68%
=> $ENA -7.85%
=> $KAS -7.54%
=> $FIL -7.36%
=> $TAO -7.34%
=> $APT -6.86%
Holding any?
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PYTH+3.23%
TIA-0.60%
CRV-2.21%
FET-1.52%
AERO-2.98%
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#Gate广场万圣节 Criteria for Selecting Quality Altcoins
Three things matter most when evaluating quality altcoins: whether the project can generate revenue, whether the token entitles holders to returns, and whether the valuation and token distribution are reasonable. Picking based only on market cap or how much a coin has fallen can easily lead you to buy a recently launched token with high inflation.
1. First, screen for business quality
People use the product: prioritize active addresses, trading volume, and protocol revenue. For DeFi, also look at total value locked, meaning the amount of funds
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RWA-0.39%
BTC-0.67%
ETH-1.26%
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I’ll take in Wai Zi and Ling Ce. All you heartbroken bosses, come to me!
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All good things happen slowly.
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So, should you be the one to work harder, or should I?
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The market will never run out of new tokens, new trends, or breakthrough rallies, and there will always be people claiming they have found the next huge opportunity.
But you don’t need to participate in every market move.
Missing a trade doesn’t mean you lost money.
Sometimes the best choice is not to trade, because the opportunity in front of you doesn’t fit your plan.
New opportunities will emerge in the future, but your capital is limited.
Don’t assume you have to act immediately just because others are making money.
4. Don’t treat one lucky profit as proof of your trading ability.
One prof
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