To those who keep telling me the top is in: if there hadn’t been a new ATH in May, your reasoning might sound convincing. But since we did get a new ATH in May — so I’ll see you at the next ATHs.
I aint reading all that, ok cool me either so there might be spelling errors
"hyperliquidated" posts from missooors remind me of people calling Solana the next EOS / NEO near the stone cold bottom
everytime someone posted SOL FUD they should have been DCA-ing in, I expect HYPE to play out the same way
this is a 1/1 token, perpetual swaps IS the #1 pmf and has been for 10 years (I think stablecoins are up there and probably the real #1 now but I cant make yield of Tether / Circle and they dont have a token), NOBODY on the market makes as much money + buys their own token back transparently, sellers do not have enough tokens to keep the price down forever, the math doesnt math, I read one time $1 of buy pressure actually equates to around $10 of added value, hype is buying $1m-$2m a DAY, so $10m-$20m of marketcap buy pressure, the marketcap is worth billions so you dont see an immediate effect but, its literally impossible for a token to be held down while buying back $50m a month
I fully expect this to be a $100 (DEX value) -$200 token (high upside if L1 can take off, doesnt need to, the exchange is already one of the top 5 most valuable crypto products), DEX alone is worth $100b, L1 adoption is a complete bonus ontop of the DEX value
Bitcoin Monthly RSI is unbeaten in top calling crypto bull markets.
2013: peaked at 96.85
2017: peaked at 97.5
2021: peaked at 93.5
2025: tbd
(December 2024 at 76.79)
Scale out after Monthly RSI exceeds 90 and you’ll be golden.