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#Zcash and #Hyperliquid are having are dropping fast after Arthur Hayes dumped his bags.
The question is will they recover and I think only one might: https://t.co/5CIQIKrLwz
$ZEC went from one of crypto's hottest narratives (Privacy Coins) to one of its biggest crashes in 48 hours.
A critical Orchard Pool vulnerability shattered confidence in Zcash's supply integrity.
Then Arthur Hayes dumped his entire position.
This is the same Hayes who recently made ZEC part of his "Holy Trinity" portfolio and helped fuel the $10,000 ZEC narrative.
📉 ZEC collapsed more than 35%.
In crypto, narratives can take years to build and hours to die.
🟣 Hyperliquid (hyperliquid:native )
Meanwhile, @ArthurHayes shocked the market after revealing he sold his entire HYPE position worth roughly $18 million, despite previously calling HYPE his favorite altcoin and predicting a $150 price target.
For many traders, this joins the growing graveyard of coins Hayes has seemingly pumped and dumped over the years, including #LooksRare, filecoin:native, and several others.
Hayes cited macro concerns including rising energy prices, geopolitical tensions, and upcoming AI IPOs as reasons for reducing crypto exposure.
📉 hyperliquid:native dropped more than 4% immediately following the announcement and is down roughly 7% over the last 24 hours.
#Cardano is having a rough day here after the Charles Hoskinson drama and and his regular emotional outbursts on camera. This time he's throwing in the towel after warning of ecosystem failures within the network.
He also seems dissatisfied with cardano:native being decentralized and the limitations of community governance:
"There doesn't seem to be a lot of community desire to spend the treasury to take these ventures to the next level," he said.
Privacy coins like zcash:native & monero:native are showing their resilience during this market downturn with these cryptocurrencies being the only narrative in the green 🟩.
The numbers don't lie, see for yourself: https://t.co/FnCEWYqK92
$BTC is getting rekted right now and its no surprise.
I warned everybody that if we lost support $74K we would probably retest the lows.
Now the pattern is clear, fairly steep descending triangle with end target and support $63K . I think that's where we are going next.
Watch out below!
Ouch! #Bitcoin has moved back below its support of $74K, which means we are now back in the previous range and could retest support around $63K!
At this point expect consolidation, since we are in a bear market time is on our side but we can't expect a lasting uptrend until this bearish cycle end around April of 2028.
This has to be Ferrari's worst decision ever 🤦♂️
My first thought was why does Luce EV look exactly like a Tesla?
until I realized it is one.
Just a worse one that costs an extra $600K 😂
#Bitcoin is in a bear market.
Don't let anyone convince you otherwise, just look at the chart below.
We are only 25% complete with this bearish cycle, which is expected to last until the next halving in 2028.
The good news is, this is an excellent time to accumulate because BTC never lost its uptrend long term.
History is just repeating itself and what comes next is the expansion phase 📈.