š Crypto Bulls Charge: Hyperliquid, Bitcoin & Ethereum Price Forecasts ā Asia Market Watch June 18
Asian markets brace for another volatile crypto session as Hyperliquid, Bitcoin, and Ethereum show divergent momentum. Traders are hedging bets ahead of key liquidity eventsābecause nothing says ''stable market'' like 20% daily swings.
Hyperliquid''s make-or-break moment
The perpetual swaps darling either rides Bitcoin''s coattails or gets crushed by L1 competition. Watch the 4H chart like a hawk.
Bitcoin: Macro winds shift
Institutional flows playing tug-of-war with miner capitulation. The $65K level isn''t just technicalāit''s psychological warfare.
Ethereum''s quiet accumulation
Smart money''s loading up while retail sleeps on ETH. ETF approvals can''t come soon enough for the ''ultrasound money'' crowd.
As always in crypto: The fundamentals are flawless until they''re suddenly irrelevant. Trade accordingly.
HYPE drops 6% amid Eyenovia plans to establish Hyperliquid treasury
Hyperliquid (HYPE) sustained a 6% decline on Tuesday despite Nasdaq-listed Eyenovia''s (EYEN) announcement that it entered a securities purchase agreement to offer up to $50 million of its shares to establish a HYPE treasury. The company announced that it has entered into a securities purchase agreement for a $50 million private placement in public equity offering (PIPE) with accredited investors. The company plans to use the funds to establish its Hyperliquid treasury.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple ā BTC, ETH, and XRP dips as US involvement in Israel-Iran conflict looms
Bitcoin price declined sharply, falling from the June 10 open of $110,274 to the June 11 close of $105,671, creating a Fair Value Gap (FVG) at approximately $108,064. This bearish FVG marks a key resistance zone, meaning that once Bitcoin collects liquidity, it is likely to continue its correction. On Monday, BTC retested and faced a slight pullback from this FGV zone, closing the day up by 1.14%. However, it declined by 2.10% the next day and retested its 50-day Exponential Moving Average (EMA) around $103,070. At the time of writing on Wednesday, it hovers at around $105,000.
Shorts weigh on Ethereum amid whale accumulation and strong ETH ETF inflows, and experts reveal why
Ethereum (ETH) is down 2% on Wednesday amid a simultaneous growth in accumulation and short positioning across ETH futures. The divergence follows investors leveraging a delta-neutral play to scoop yield. Ethereum whales expanded their holdings in the past week, scooping about 800K ETH daily, with the balance of 1K-10K wallets surpassing 14.3 million ETH, per Glassnode data.