According to the Foreign Market Review, the encryption market was clearly divided in mid-August. While SHIB had rebounded most of the time before, ETH was close to the critical mean zone, the Hyperliquid coin HYPE short line was strong, but there was still clear resistance above.

SHIB is back to the front line.

According to the article, SHIB currently reported an estimated US$ 0.0000448 and almost returned to the vicinity of the 50-day average. The token had briefly risen to about US$ 0.000058 at the end of July, at one point on the short-term trend line, but it was not kept.

According to the text, the current 50-day average of SHIB is about US$ 0.0000445 and 100-day mean is about US$ 0.0000493. The previous breakup did not form a continuous advance, prices went back behind, and close to 10 per cent between the 100-day average.

In the longer term, the 200-day average of SHIB is approximately $0.000583 and is still down. According to the article, this means that the long-term trend has not been reversed. However, the bottom zone in the range of $0.00041 to $0.00043 remains in force for the time being, and SHIB is likely to try to rebound again if the region does not fail.

ETH focused on the grid.

According to the article, ETH is now in the range of US$ 1890 and is in the middle of a number of lines. The daily average has risen to about US$ 1818 and has begun to rise from a fall; the average of 100 days is about US$ 1920 and the distance between the parties is narrowing.

This is considered an important precursor to technological change this year. If the price continues at the current range or further above $1920, the possibility of the 50-day mean line and the 100-day mean line being followed up will increase.

However, ETH has not yet effectively broken through the 1900-1950 dollar area. At the same time, the article mentions that the 200-day average of ETH, at approximately $2135, is still significantly above current prices, so that even short- and medium-term structural improvements are closer to a phased restoration, rather than a complete reversal of the long-term trend.

  • ETH current price is approximately US$ 1890
  • Average daily line approximately $1920
  • 200 mean daily at approximately $2135

HYPE breachs the first barrier.

The article states that HYPE has recovered to approximately US$ 58 and has breached a set of short-term averages that had previously suppressed prices, which is a rare short-line improvement in the asset since the high point of summer.

As described in the text, $60 to $61 remains the next critical resistance. Of these, the average daily line was about US$ 60.85 and remained low. The continuity of short-line rebounds would be enhanced if the price were to rise further along the area.

Below, between $56 and $57 is considered the first new defensive area. The longer-term 200-day average is about US$ 50.89, still below current prices. According to the article, HYPE tested the $50 out-of-the-post area during its return in August, but did not break the long-term support, which provided a buffer for the current rebound.