$HYPE Federal Reserve suddenly releases nuclear-level bad news?! The threat of rate hikes hits the crypto market hard, Bitcoin crashes, altcoins bloodbath, now should you cut losses or hold firm? Come and take a look.

Guys, Dore classmates woke up early today and was stunned by the hawkish remarks of these old men from the Federal Reserve! The macro-level atomic bomb has been dropped. Phemex's latest daily report shows that the crypto market has experienced a full-scale plunge due to the Fed releasing hawkish, or even【possible rate hike】, terrifying signals, causing liquidity expectations for risk assets to be completely locked down again, and market liquidity instantly sounding the alarm!
Let's take a look at some brutal market data: $BTC responded with a drop of 2.55%, directly losing the 60,000 mark, with quotes around $62,982; second brother $ETH also couldn't escape, down 2.49%, with quotes falling to $1,712.55. However, there is still one standout in the market, which is $XLM, because the positive cooperation news caused it to surge against the trend by 8.56%! But overall, the market is still a sea of despair.
Dore classmates will show everyone the true capital behind this decline: once liquidity shrinks, the main funds definitely do not withdraw evenly, but first squeeze the soft persimmon, selling high-elastic, high-leverage, high-beta assets preferentially! As of 2026-06-19 02:20 UTC, data shows that $BTC fell 2.61% in 24 hours, but the hot $SOL dropped 3.79%, and the high-risk $HYPE we warned about yesterday plummeted by 7.04%! This fully confirms Dore classmates' warning yesterday — the more leveraged and hot tokens are, the more likely they are to experience long squeeze in the face of macro bad news, with funds fleeing faster than anyone!
So will the Fed's rate hike threat really send the market into a deep abyss? Dore classmates think we can rationally view it in two layers:
For Bitcoin $BTC : This is a short-term valuation suppression. But Bitcoin, as a liquidity indicator, if the market cools down in a few days and finds that the Fed is just【verbal deterrence】, not really going to continue raising rates, Bitcoin will definitely be the first to undergo a retaliatory recovery, regaining lost ground!
For second brother $ETH and altcoins: The impact is more direct and deadly. When on-chain risk appetite drops, everyone stops playing memes, gas consumption, DEX trading, and perpetual leverage demand will plummet. This is the underlying logic why ETH ecosystem tokens, Solana on-chain tokens, and Hyperliquid ecosystem tokens see their declines amplified infinitely during crashes.
Once you understand this logic, Dore classmates' short-term defensive strategy and key observation points are very clear. Everyone must take notes:
Key observation point one: Watch Bitcoin
Can BTC defend the【Can BTC defend the【
62.3K】area near the intraday low? This is the life and death line for bulls. If it loses this, the downward space will open further!
Key observation point two: Watch second brother
Can ETH re-establish【Can ETH re-establish【
1,700】above and stabilize? If these two indicators are not met, even if some altcoins suddenly rebound today, it’s probably just a short-term short covering (false rebound caused by short liquidation). Don’t blindly chase highs and catch falling knives!
In the macro bad news backdrop, cash is king, safety first. Guys, lower your leverage first, follow Dore classmates’ steps closely, we are not martyrs rushing into battle, just patient hunters waiting for the bottom. Keep it up, and we will steadily eat the meat later, okay!~