Crypto -Market fights the sea of ​​red and growing fear, but hype drives

The Cryptomarkt provides an annoying hangover after a large panic episode earlier this week, with the total market capitalization of Crypto that slides 1.8% to $ 3.75 trillion while the infamous red September curtain threatens to claim another victim.

But in this sea of ​​red there is at least one token that floats: the hype of hyperliquid is a challenging 9.26% and is the only cryptocurrency in the top 11 that green shows on the day.

In the meantime, traditional markets play a different tune – the S&P 500 rose 0.22% to 6,619 points, while gold 0.33% climbed to $ 3,762 per ounce, which shows that investors still have appetite for some risk assets, but not crypto risk – at least not at the moment. Moreover, President Donald Trump announced a package of rates that will be introduced on 1 October that it has potential to send risk assets to cover cover.

The Crypto fear and greed index has fallen to 28, firmly in “fear” territory and the most pessimistic reading since April, when Trump’s earlier rate announcements sent markets in a downward play.

Even, there is a fascinating subplot that unfolds in the eternal futures DEX roses that turns conventional wisdom upside down.

Hyperliquid Price: The hype is back?

While his rival Aster steals the headlines with a stunning increase since the launch last week, Hyperliquid quietly assembles his own comeback.

Hyperliquid is both the Layer-1 Blockchain network and a decentralized exchange that specializes in eternal futures-derivative contracts that never end and all the risk-traders enable both the risk and to bet essentially on the future price of digital assets, such as Bitcoin.

The exchange is powered by a sign of the same name, which acts as a hype, and both the exchange and the token have experienced a stream of interest in recent months. For the context, despite the recent ups and downs, the hype has risen by more than 20% in the last three months and in the past year almost 600% rose, which currently orders an impressive market capitalization of $ 12.2 billion.

The hyperliquid -token today rose from a low of $ 40.376 to its current price of $ 44.114, which represents a win of 9.26% in a market where everything else is bleeding.

Looking at the technical breakdown, Hype shows the type of behavior that traders would interpret as potentially the end of an important correction. After all, the price of the coin is almost 10% in the last 30 days lower.

The relative strength index, or RSI, is such a technical indicator in which traders trust. RSI measures the price momentum on a scale of 0 to 100, where measurements above 70 signal overflow conditions and lower than 30 suggest that sold over.

Hyperliquid is 41 – Technical Bearish Territorium, but this is what traders must understand: after a token corrects from $ 56 to $ 40, a RSI acts on 41 actually healthy consolidation instead of weakness. This is like a re -loading zone where smart money accumulates for the next leg. Traders usually see RSI measurements between 30-45 after large correction-Nietice The graph is still on an upward route-to buy opportunities instead of selling signals.

The average directional index, or ADX, for hype is at 29, which shows a reinforcement trend momentum. ADX measures how strong a price trend is regardless of the direction – readings above 25 confirm an established trend, and on 29 we see the hype breaking out of his consolidation phase. The big dip has cooled the ADX a lot, but was still not enough to eradicate the upward trend.

Exponential advancing averages, or EMAs, give traders a sense of price resistors and supports by taking the average price of an active in the short, average and long term. Hyperliquid is still a young currency, without the trade history of an active such as Bitcoin, but the EMA photo seems Bullish.

At the moment, Hype’s 50-day EMA is above its 200-day EMA, which means that the average price in the short term is still higher than the average price in the long term. This configuration usually indicates that the momentum is a long -term overmeestering of pessimism in the short term, which suggests that the path of the least resistance is higher.

But if a warning sign closes the gap between the two EMAs, which could possibly lead to a death cross formation (when the EMA50 moves under the EMA200). In this scenario, some traders can choose to set up buying orders in the vicinity of the EMA200 for those who think it can continue his bearish correction before he bounces.

On countless, a prediction market developed by DecryptThe parent company Dastan, sentiment on Hype, has not yet reached the bullishness that is shown in the charts. At the moment, countless traders do not expect the price of the hype to increase to $ 69 soon, so that those chances will be placed at only 30% when measured against the chance that it will fall below $ 40.

Key levels:

• Immediate support: $ 36.00 (EMA200)
• Strong support: $ 28.00 (visible on the graph as earlier resistance)
• Immediate resistance: $ 48.00 (EMA50)
• Strong resistance: $$ 56.00 (previous high zone)

Bnb price: pay the price for Aster’s success

The story of BNB Today is a classic scenario “Sell the News”, because the binance-spent token in the last 24 hours drops by 4.23% to $ 947.55, making it the worst performer of the top 10 cryptocurrencies per market capitalization.

As discussed earlier this week DecryptBNB was on fire lately and was the only currency in the top 10 of market capitalization in De Green on Tuesday. Much of the price movement can be attributed to an increase in activity on the BNB network as a result of the explosive growth of Aster, a hyperliquid competitor to the BNB chain.

But, as we have seen so often in markets: what goes up, must eventually come down. And at the moment the hype around Aster is delayed. And BNB now seems to be taking a hit.

The RSI of BNB is at 51, which is directly at neutral and usually indicates a market in balance -like waiting time on the next catalyst. For traders, this Dead Center often precedes sharp movements in both directions when the market breaks out of indecision.

The ADX at 36 confirms a strong established trend, but the Squeeze Momentum indicator shows a Bearish Impuls in Onderweg.

When ADX is high, but the momentum is arary, this usually means that sellers have control and that dip buyers must be careful. This combination often results in continuous pressure until ADX drops below 25, signaling trend exhaustion.

Looking at the price action on the graph, BNB opened the day around $ 946, reached a highlight near $ 959, but has since been withdrawn to $ 947.55. Today’s doji (a candlestick without a body, in fact that shows that the opening and final prices are almost the same) shows a considerable volatility and sales pressure with round number resistance. The 50-day EMA is well above the 200-day EMA, with a bullish long-term structure, but the immediate price action under both the opening price and the psychological level of $ 960 suggests weakness in the short term.

The catalyst for the first wave of BNB was clear: the 24-hour eternal volume of BNB Chain is $ 36 billion, so Hyperliquid’s $ 10.8 billion is overtaken, mainly driven by the meteoric rise of Aster. Today’s correction suggests that traders make a profit on the aster-driven rally.

Key levels:

• Immediate support: $ 920 (visible support on the graph)
• Strong support: $ 880- $ 900 (EMA50L)
• Immediate resistance: $ 1,000 $ 1,080 (psychological round number and all time high)