price action Archives - Coin Engineer

Hyperliquid 1.75M HYPE Token Unlock Shakes Market Sentiment

Yeliz Akmaca — Sun, 30 Nov 2025 08:00:05 +0000

Hyperliquid latest unlock of 1.75 million HYPE tokens on Saturday created a clear shift in both market sentiment and short-term price behavior. Valued at more than $60.4 million at the time of the announcement, the allocation was part of the project’s previously published vesting schedule.

A Legacy of the Massive Airdrop and Why This Unlock Matters

Pseudonymous developer iliensinc explained that the release was intentionally aligned with the first anniversary of Hyperliquid’s token generation event. He reminded the community that roughly 270 million tokens had already been fully unlocked on November 29, 2024. At current pricing, that historical unlock would be valued at around $9.5 billion, still regarded as the largest airdrop in the industry’s history.

One point the Hyperliquid community stresses repeatedly is that the project has never raised external capital. As a result, all unlocked tokens belong strictly to the team and internal contributors. With no investor allocations, Hyperliquid avoids the typical VC-related selling pressure that often disrupts token markets.

Price Reaction: Was the Unlock Already Priced In?

Following Saturday’s announcement, HYPE fell about 4.6 percent. Because the token has been in a months-long downtrend, traders are highly sensitive to timing. Investors are now watching closely to see whether any portion of the $60 million allocation will reach active liquidity during the coming days.

BitMEX founder Arthur Hayes highlighted the core risk inherent in unlocks, stating that a team’s promise not to sell is never binding. The probability of ongoing sell pressure, he argued, is never zero. According to Hayes, current price behavior suggests the market has already factored this possibility into its outlook.

HYPE reached an all-time high of $59.40 in September but has fallen roughly 42 percent since then, dropping below its 200-day moving average and losing a significant long-term support zone.

The strong uptrend extending into mid-2025 began losing momentum after September 19. During the violent altcoin sell-off on October 10, several tokens dropped more than 95 percent in a single session. HYPE also plunged 54 percent that day before rebounding into the $40 range within two sessions.

Since then, price action has been defined by lower highs and weakening momentum. As a result, each new unlock is interpreted more cautiously, with traders searching for signs of potential supply inflows.

DEX Performance: Strong Throughput Despite Price Pressure

Industry analysts continue to cite Hyperliquid’s technical design and revenue engine as standout strengths. The DEX has managed nearly $330 billion in monthly volume with a relatively small team—an impressive operational footprint during a year marked by extreme volatility and repeated liquidity shocks.

Supporters argue that this level of volume, user growth and fee generation explains the token’s strong early-stage valuation. Critics, however, maintain that unlock cycles will continue to shape short-term market reactions regardless of fundamentals.

Has the Market Absorbed the Selling Pressure?

Because the unlock followed a transparent and well-known schedule, it did not create an unexpected information shock. Still, traders remain cautious, aware that the possibility of selling never disappears entirely.

The broader outlook suggests that while Hyperliquid maintains operational strength, investor psychology remains highly sensitive to token unlock events. This dynamic implies that HYPE may continue to experience elevated volatility in the near term.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Hyperliquid 1.75M HYPE Token Unlock Shakes Market Sentiment appeared first on Coin Engineer.

Why Litecoin (LTC) Trading Volume Is Soaring?

Yeliz Akmaca — Tue, 09 Sep 2025 13:42:34 +0000

Litecoin surprised the market today with a sharp rise in trading volume. Active addresses and a record hash rate pushed LTC into the spotlight once again.

Litecoin’s daily trading volume surged past $700 million today. This marks the highest level in nearly two weeks. Early in the day, volume jumped 76%, reflecting strong market momentum. At the same time, active addresses climbed to 269,000, confirming renewed investor interest.

For comparison, Bitcoin recorded 181,000 active addresses during the same period. This made Litecoin one of the most actively used assets of the day. LTC is currently trading at $114.43 with a market capitalization of $8.72 billion. However, the price still stands 72% below its all-time high of $412.96.

Analysts note that Litecoin has been consolidating within a symmetrical triangle since 2021. A breakout from this structure could send the price above $150. Meanwhile, growing market stability strengthens confidence, pushing LTC demand even higher.

Last 24 hours

Litecoin active addresses: 269k
Bitcoin active addresses: 181k

— Litecoin (@litecoin) September 8, 2025

Institutional Interest and ETF Decision Fuel Momentum

Litecoin’s momentum is not only supported by retail demand. Canadian firm Luxxfolio announced a $73 million expansion plan for its Litecoin portfolio. This institutional move highlights growing confidence in the asset.

In addition, the SEC is set to deliver a decision on a Litecoin Spot ETF on October 2. Around the same period, a Solana Spot ETF ruling will arrive on October 10. Analysts believe these decisions could accelerate altcoin adoption as Q4, historically a strong season for crypto, begins.

Moreover, Litecoin’s hash rate hit a new all-time high today at 3.149 PH/s. This milestone reflects miners’ commitment and trust in the network. Finally, higher mining power signals bullish momentum and adds to the increasing demand for LTC.

Taken together, the rising trading volume, record hash rate, and growing active addresses show Litecoin’s position strengthening across the crypto market.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Why Litecoin (LTC) Trading Volume Is Soaring? appeared first on Coin Engineer.

Sei At Key Resistance: Breakout Could Signal Further Upside!

Yigit Taha OZTURK — Mon, 21 Jul 2025 11:30:53 +0000

Some altcoins are currently stuck between key levels, waiting for a decisive move. The price action of certain coins suggests a potential breakout — or breakdown — could be near. For traders, now is a time to watch closely.

Price Consolidates in Narrow Range

Sei is showing a clear squeeze between support and resistance on the 4-hour chart. The price has tested the $0.0370 resistance level but has not managed a convincing breakout yet. If a candle closes above this level, the next potential target lies at $0.0390.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

Rejection Could Trigger a Pullback

If rejection from the resistance zone intensifies, the possibility of a downside movement increases. In that case, the nearest support area to watch would be the $0.0348 – $0.0336 range. This zone could determine whether the price finds a new base to recover from.

Decision Time for Investors

The current technical structure highlights a crucial decision point for Sei investors. A confirmed breakout or breakdown from the current range may set the tone for the next significant move.

SEI/USDT pair 4-hour chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Sei At Key Resistance: Breakout Could Signal Further Upside! appeared first on Coin Engineer.

Ethereum Pending in Critical Zone! Will a Breakout Come?

Yigit Taha OZTURK — Mon, 14 Jul 2025 14:00:57 +0000

While volatility continues across the crypto market, some assets remain indecisive. Leading altcoin Ethereum is still trading sideways, holding investors in anticipation of a decisive move.

Resistance Still Holds Firm

The previously identified resistance zone remains intact. Ethereum is currently testing this level, yet no clear breakout has occurred. If the price manages to breach this zone with strong volume, a rally toward $3,500 could be on the table. For now, however, there’s no confirmed signal suggesting this move is imminent.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

This resistance level stands as a significant barrier. A breakout above it could shift market sentiment in a more bullish direction.

Watch This Zone On Pullbacks

In case of a pullback, the nearest and most relevant support area lies between $2,801 and $2,618. This range has historically acted as a strong reaction point, and it’s expected to continue serving as a key support. Buyers could step in if the price approaches this area.

ETH/USDT pair 4-hour chart.

Ethereum Consolidation Persists

The current picture shows continued consolidation for Ethereum. Neither buyers nor sellers have gained the upper hand. Until a clear direction is established, traders are advised to monitor technical levels closely and stay patient.

The post Ethereum Pending in Critical Zone! Will a Breakout Come? appeared first on Coin Engineer.

Ethereum Tests Key Resistance: Breakout or Pullback Ahead?

Yigit Taha OZTURK — Fri, 11 Jul 2025 13:30:39 +0000

As markets display mixed signals, traders are turning their attention back to Ethereum. Amid uncertain price swings, technical indicators on the daily chart suggest a decisive moment may be near. It’s no longer just about the direction—timing is everything.

Currently, Ethereum remains within a downward Fair Value Gap (FVG) zone on the daily chart, struggling to break out decisively. This zone has now become a critical area of resistance and could shape the asset’s next move.

Resistance Zone Holds the Key

Price is consolidating between the 3,219 – 3,030 dollar range, marking the refined FVG resistance. If this level breaks upward, the next target sits at the 3,534 dollar liquidity area. Should selling pressure remain weak at that point, the rally could extend further toward the next major target at 4,083 dollars.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

Traders are advised to take caution. As price approaches key levels, gradual profit-taking and risk reduction strategies become increasingly important to avoid sudden volatility.

Support Must Hold

In the event of a downturn, the immediate support lies between 2,801 and 2,618 dollars. Losing this range could trigger a deeper correction, potentially dragging price down to the 2,400 dollar zone. Maintaining this support area is crucial to preserve bullish potential.

ETH/USDT pair daily chart.

The post Ethereum Tests Key Resistance: Breakout or Pullback Ahead? appeared first on Coin Engineer.

Ethereum Bounces From Support: Is $2,880 the Next Target?

Yigit Taha OZTURK — Wed, 09 Jul 2025 08:30:15 +0000

In crypto markets, technical levels can often trigger sharp reversals—and this week, Ethereum provided a textbook example. On the 4-hour chart, the 2,493 – 2,459 USD support zone held perfectly, producing a strong bounce just as expected.

Following the reaction from that level, price climbed up to the 2,697 – 2,633 USD resistance zone, reaching the short-term target outlined in our previous outlook. From a technical standpoint, that initial move has now played out successfully.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

A Breakout Could Signal the Next Move

Attention now shifts to whether this resistance zone can be broken with a confirmed close on the 4-hour chart. If such a breakout occurs, the next upside target for Ethereum could be around 2,880 USD.

For the moment, the market appears to be pausing, with traders watching closely. To validate further upside, price must break through this area decisively and with strong volume. Otherwise, we may see minor pullbacks before any continuation.

We remain on watch for now, as the technical setup continues to develop.

ETH/USDT pair 4-hour chart.

The post Ethereum Bounces From Support: Is $2,880 the Next Target? appeared first on Coin Engineer.

Bitcoin Continues Sideways Movement: A Setup For A New Peak?

Yigit Taha OZTURK — Wed, 09 Jul 2025 08:00:07 +0000

In the crypto market, all eyes are once again on Bitcoin. While there hasn’t been significant volatility in recent days, the fact that the price is hovering near critical levels keeps investor attention high. The current fluctuation around the 108,791 USD resistance level is being viewed as a potential sign of an upcoming breakout.

Despite strong upward moves on the Ethereum side yesterday, Bitcoin failed to show similar momentum. This has led investors to remain cautious, while the ongoing sideways movement adds to overall market uncertainty.

Path To A New High Could Open

At the moment, BTC has yet to clearly surpass the 108,791 USD resistance. Without a solid breakout above this level, further gains may remain limited. However, should the price break out convincingly—especially with strong closes above 109,400 USD—a new all-time high (ATH) could come into play.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

On the downside, the 107,000 USD support remains critical. If this level is breached, it could lead to increased short-term selling pressure and a deeper pullback. For now, price action is tightly squeezed between these two levels, and a decisive move in either direction is being anticipated.

BTC/USDT pair 4-hour chart.

Investors Await A Clear Direction

Overall, the current structure suggests that Bitcoin has not yet formed a clear trend. With low volume and price stuck between well-defined support and resistance, traders are urged to exercise caution in the short term. A breakout—either up or down—could lead to sharp, accelerated moves.

The post Bitcoin Continues Sideways Movement: A Setup For A New Peak? appeared first on Coin Engineer.

Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon?

Yigit Taha OZTURK — Tue, 08 Jul 2025 10:00:41 +0000

After a period of relative calm in the crypto markets, the tide has turned as Bitcoin faces renewed downward pressure. The 109,400-dollar resistance level, a key technical barrier, once again proved too strong for bulls to overcome.

This rejection sent BTC into a rapid decline, raising concerns among traders and market observers alike.

New Resistance Emerges As Key Level Breaks

Following the failed attempt to breach 109,400 dollars, Bitcoin also lost the 108,791-dollar support, falling as low as 107,500 dollars. With this shift, 108,791 now acts as a fresh resistance point, while the next critical support lies near 107,000 dollars.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Analysts warn that if this support fails, BTC could continue its slide toward the 105,000-dollar range, marking a deeper correction in the short term. Such a move could trigger further selling and a rise in bearish sentiment.

BTC/USDT pair 4-hour chart.

What Should Investors Watch For?

Given the recent developments, caution is advised. Technical indicators are weakening, and declining trading volumes suggest a drop in market confidence. Holding the 107,000-dollar support is essential for a potential rebound.

Should that level give way, Bitcoin may face accelerated losses. Investors are urged to manage risk carefully and set clear stop-loss levels to protect against further downside volatility.

The post Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon? appeared first on Coin Engineer.

BONK Faces a Make-or-Break Moment Amid Price Surge

Yigit Taha OZTURK — Mon, 07 Jul 2025 14:00:43 +0000

Every now and then, a single token steals the spotlight in the crypto world. This time, all eyes are on BONK, which has made a sharp move upward following a stream of positive news. But is this rally sustainable, or are storm clouds gathering on the horizon?

Resistance Zone Becomes the Battleground

BONK surged significantly today, riding on bullish sentiment and renewed interest. However, it is currently facing a strong resistance band between $0.0241 and $0.023. This range has historically acted as a rejection zone for further upward momentum.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

A confirmed breakout with daily closes above this range is essential for the rally to continue. Otherwise, a rejection from this level may drag the price down toward the $0.0201 – $0.0191 support area.

BONK/USDT pair 4-hour chart.

High Volatility Signals Need for Caution

The current price movement of BONK is highly volatile, making it risky to enter new positions without confirmation. Indicators suggest increased uncertainty in the short term. Traders should be cautious and avoid acting impulsively amid such market conditions.

The post BONK Faces a Make-or-Break Moment Amid Price Surge appeared first on Coin Engineer.

SUI Breaks the Downtrend: Is a New Rally on the Horizon?

Yigit Taha OZTURK — Thu, 03 Jul 2025 12:00:37 +0000

While the cryptocurrency markets continue to move in a volatile pattern, some altcoins are beginning to signal potential bullish momentum. One of the standout names making waves recently is SUI, drawing renewed interest from investors after a significant technical breakout.

The break above the descending trendline on the 4-hour chart may be an early sign of a stronger upward movement for SUI.

Downtrend Broken, Resistance Levels Falling One by One

Following the breakout, SUI surpassed the crucial $2.88 resistance level and climbed all the way to $3. This move not only broke a psychological barrier but also signaled potential for further upward price action. If $2.88 now holds as support, it could lay the foundation for a sustained bullish move.

Is the $3.25 Target Within Reach?

All eyes are now on the $3.19–$3.25 price band. Given the current momentum and technical structure, a move towards this range appears plausible. However, this scenario depends heavily on whether the $2.88 support level holds.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If SUI fails to maintain that support, a pullback toward the previously broken trendline is likely. As such, the $2.88 level remains a critical threshold in the short term.

SUI/USDT pair 4-hour chart.

Market Sentiment Adds Fuel to the Fire

A general recovery across the crypto market is further supporting technically strong coins like SUI. Trend breakouts often serve as early indicators of larger bullish runs, and SUI seems to be aligning with that narrative.

Investors would be wise to keep a close eye on key technical levels to properly assess and seize potential opportunities.

The post SUI Breaks the Downtrend: Is a New Rally on the Horizon? appeared first on Coin Engineer.