According to the external analysis, on June 24, the volatility of the encryption market continued to widen and the movement of mainstream and popular coins was polarized. Bitcoin, XRP and SHIB are still in the weak zone, and Hyperliquid's HYPE, although falling, is still more intense than most Yamashita.
Bitcoin's closing, $60,000.
According to the article, Bitcoin had previously lost key support of $65,000, and the rebound was not stable, with the most recent price near $62,000. The graph shows that the upward trend that pushed it up to $82,000 during the year has been interrupted and that every rebound in the recent past has been under pressure.
The analysis also mentioned that after the fall in June, Bitcoin was again blocked when it approached the 50-day average, and the period of the decline was amplified, indicating a marked weakening of market sentiment. If 65,000 to 66,000 United States dollars are not recovered as soon as possible, it is still possible that the price will continue to be tested at a psychological level of 60,000 United States dollars.
XRP and SHIB continue to be vulnerable
In this review, XRP is described as still unlearning the bottom structure. When the asset was lost, supported by $1.28, it fell to the vicinity of $1.05 and then rebounded, but was again blocked in the vicinity of $1.18. According to the article, US$ 1.00 to US$ 1.05 remains a short-line area to be secured.
SHIB's performance is weaker. According to the article, the short rebound of SHIB, which was close to US$ 0.000045, failed to continue after it broke the previous uplink. It still poses a direct resistance in the vicinity of US$ 0.000050, while US$ 0.000044 is considered to be the current main supporting position.
- BTC current offer $62,000
- XRP Current report US$1.10
- SHIB Current report $0.00045
HYPE's back and still strong.
In contrast, Hyperliquid HYPE is considered a relatively robust asset in this analysis. HYPE returned after it broke 75 dollars, the most recent price was in the vicinity of 63 dollars, but was still at 50, 100 and 200 days above the average.
According to the article, the recent HYPE adjustment is more like a profit return after a pre-surge, rather than the trend being undermined. Their kinetic energy indicators have been reduced from a high to a neutral level, which means that, if market sentiment improves, the purchase may still return to the asset.
Overall, this external review suggests that the market is still dominated by Bitcoin. If bitcoin continues to weaken, it will be difficult for hype to get out of the drag; but in the same context of the backlash, hype still shows a stronger relative performance than bitcoins and most of the Yamato currencies.