Monat: April 2026

Key takeaways

• Hyperliquid is up 8% in the last 24 hours, maintaining its position in the top 10.
• The coin could rally towards the $50 psychological level if the bullish sentiment persists.

Hyperliquid (HYPE) continues its upward momentum, trading above $44 as of Tuesday after an 8% surge on the previous day. With strengthening on-chain data, favorable derivatives metrics, and technical analysis pointing to further gains, the outlook for HYPE remains bullish, with a target of $50 in sight.

Bullish Sentiment Backed by On-Chain and Derivatives Metrics

On-chain data from CryptoQuant suggests a strong buy-side dominance in both Hyperliquid’s spot and futures markets, with cooling conditions indicating a favorable environment for a potential price rise. The market shows mostly neutral conditions across other metrics, reinforcing the possibility of an upside move.

On the derivatives front, CoinGlass data reveals that HYPE’s futures Open Interest (OI) has surged to $1.96 billion on Tuesday, up from $1.5 billion on April 3. This steady rise in OI points to new capital entering the market, which could propel HYPE’s price higher. This is the highest level of futures OI seen since early November.

Moreover, CoinGlass’ long-to-short ratio for HYPE stands at 1.04, signaling a predominantly bullish sentiment in the market, as more traders expect the price to rally.

Price Forecast: HYPE bulls target $50

The HYPE/USD 4-hour chart is extremely bullish and efficient. HYPE’s price has extended its gains, surpassing the March high of $43.75 and reaching above $44 on Tuesday. If the upward trend continues, HYPE could target the October 30 high of $50.15.

The Relative Strength Index (RSI) on the daily chart is currently at 69, indicating strong bullish momentum as it moves toward overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) indicator recently showed a bullish crossover on April 10, further supporting a positive outlook for HYPE.

Should HYPE experience a pullback, it could find support near the psychological $40 level. However, the prevailing market conditions suggest a strong potential for further upside, with $50 being the next major resistance.

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Key takeaways

• BTC is approaching $75,000 after adding nearly 5% to its value since Monday.
• The rally comes despite the ongoing crisis in the Middle East.

Bitcoin (BTC) has stabilized above $74,000 as of Tuesday’s press time, following a 5% rally the previous day. This price surge comes as the US enforces a blockade on the Strait of Hormuz during ongoing peace talks with Iran. US Vice President JD Vance hints at a grand deal in the works, demanding an end to Iran’s nuclear ambitions.

Market sentiment recovers with $500M in liquidations

The broader cryptocurrency market is seeing a recovery, with over $500 million in liquidations across the last 24 hours, primarily driven by short squeezes. Aave (AAVE), Algorand (ALGO), and Ethereum (ETH) are leading the charge in the market’s upward momentum.

As negotiations between the US and Iran progress, the US military has started blocking the Strait of Hormuz, halting the movement of transiting ships. Vice President JD Vance emphasized that the situation is now in Iran’s hands, with the primary focus of US talks being Iran’s nuclear material exit and halting uranium enrichment. Former President Donald Trump also commented that “the other side” has approached him for a deal.

The peace talks appear to be fueling a “risk-on” sentiment, especially in the cryptocurrency market. According to CoinGlass data, the last 24 hours saw $531 million in liquidations, with $426 million attributed to short liquidations. This massive short squeeze indicates a major bearish wipeout.

Bitcoin is approaching key resistance levels

The BTC/USD 4-hour chart remains bearish and efficient despite the recent rally. Bitcoin remains in a neutral-to-bullish trend, holding above its 50-day Exponential Moving Average (EMA) at $71,019. However, it is still capped below the 100-day EMA at $75,309.

Immediate resistance lies near the 100-day EMA and the 23.6% Fibonacci retracement level at $75,623, from a previous downtrend spanning $126,199 to $60,000. A daily close above this range would signal potential upward movement, with the next target being the 200-day EMA at $82,936, followed by the 50% Fibonacci retracement at $93,099.

Market momentum is favoring the bulls, with the Relative Strength Index (RSI) at around 62 and the Moving Average Convergence Divergence (MACD) in positive territory, both suggesting upward pressure is gaining traction.

On the downside, Bitcoin’s initial support is found at the 50-day EMA around $71,019. A break below this support could weaken the current bullish momentum and push the price lower, potentially testing the Fibonacci support level near $60,000.

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• AAVE price rallies toward $100 after strong governance-driven momentum.
• Aave protocol shifts to a token-centric model with revenue flowing to holders.
• $90 is a key support for continuation or pullback risk.

The Aave DAO on Sunday approved the “Aave Will Win” proposal, a governance framework that has quickly reshaped how the protocol is expected to operate going forward.

The approval ended months of internal debate and set a clear direction for the ecosystem, where all application-level revenue will now be directed toward the token economy.

This shift strengthens the role of the AAVE token within its own network, and it has triggered a noticeable reaction in both price and market sentiment.

At the time of writing, AAVE was trading just under the $95 level after a strong 24-hour move that saw it briefly touch highs near $98.

Although the token remains well below its all-time high, it outperformed the broader crypto market on Monday, suggesting that traders are responding directly to the governance outcome rather than general market momentum.

The “Aave Will Win” governance overhaul

The approval of the “Aave Will Win” framework is more than a routine governance update.

It represents a structural change in how value is distributed within the protocol.

By routing all application and product revenue toward the token ecosystem, the DAO has effectively tied AAVE’s long-term performance to the growth of its own services.

This shift has been widely interpreted as a move toward a more token-centric model, where holders are no longer passive participants but direct beneficiaries of protocol activity.

That change in narrative has played a key role in the recent price surge, as it strengthens the argument that AAVE’s valuation should reflect its underlying usage more closely than before.

Alongside the revenue decision, the DAO also approved a funding package for Aave Labs.

The allocation includes stablecoin funding and a long-term token grant designed to support ongoing development.

This helps reduce uncertainty around future product expansion and ensures that the core development team has the resources needed to continue building, including upcoming upgrades and institution-focused features.

The combination of revenue alignment and development funding has created a cleaner separation of roles within the ecosystem where AAVE token holders gain revenue exposure, while builders receive structured funding for execution.

AAVE price outlook: $100 emerges as the key psychological level

From a market perspective, the AAVE price is now sitting at a critical point.

The recent rally has brought price action into a tight resistance zone between the mid-$90s and the upper $90s, an area where sellers have historically stepped in.

As a result, the next meaningful level that traders should watch is the $100 mark, which also aligns with recent technical projections and moving average targets.

Support remains firm around the low $90s, with deeper protection closer to the $80 range based on historical price behaviour.

As long as the token holds above these zones, market analysis shows that the short-term momentum remains intact.

However, the real test lies in whether bulls can push the AAVE price beyond the current resistance cluster and sustain it.

A move above $100 would likely confirm continuation of the current trend and open the door toward higher resistance levels in the $110 to $120 range.

On the other hand, failure to break through could result in another period of consolidation, especially given that the token has spent much of the past year in a broader downtrend despite recent gains.

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• TRUMP price holds $2.78 support after a technical double-bottom bounce.
• Whale accumulation grows ahead of April 25 Mar-a-Lago event.
• The memecoin’s price may target $3.34 if support holds.

The Official Trump (TRUMP) token is beginning to show signs of life after weeks of sustained pressure, with price action stabilising just above a critical support level.

While the broader trend remains weak, recent movements suggest that large investors are quietly positioning themselves ahead of a highly anticipated event later this month.

At the time of writing, TRUMP was trading around $2.81, posting a modest daily gain and slightly outperforming Bitcoin (BTC), which has remained relatively flat.

Technical support sparks a cautious price rebound

The recent bounce can largely be traced to a well-defined support zone around $2.78, forming a double-bottom pattern and giving traders a clear reference point for short-term positioning.

Notably, after testing the support area, the price held firm and began to edge higher, suggesting that buyers are stepping in at this range.

This kind of reaction is typically driven by market structure rather than new fundamental developments.

Repeated tests of a support are often viewed as a confirmation that a floor has been established and, in this case, $2.78 has become the immediate floor price.

As long as TRUMP holds above this support, the structure remains intact.

A sustained move below it, however, would weaken the setup and likely open the door to lower levels near $2.44.

Whale accumulation builds quiet pressure

Alongside the technical setup, steady accumulation by large holders is helping to support the market.

In recent days, several high-value wallets have been increasing their exposure to TRUMP, often moving tokens off exchanges into private storage.

This behaviour is typically associated with longer-term positioning, as it reduces immediate selling pressure and signals intent to hold.

Notably, this accumulation coincides with an upcoming event scheduled for April 25 at Mar-a-Lago for large TRUMP token holders.

The Mar-a-Lago event has created a unique layer of demand, which, while it may not be sustainable over the long term, can still provide a meaningful boost for the token’s price in the short term.

TRUMP price outlook: A narrow path toward $3.34

With support holding and whale demand building, attention is now shifting to the next key level on the chart, which is $3.34.

However, a move toward $3.34 would require continued stability above $2.78, along with enough buying pressure to push through minor barriers along the way.

And at the moment, the setup suggests a market that is range-bound but leaning slightly upward, and eyes are on whether momentum can build.

It is also worth noting that the token remains deep in a broader downtrend, having lost a significant portion of its value over the past year, meaning any upside move is likely to be viewed with caution until stronger confirmation appears.

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Key takeaways

• PI is down 2.3% and is now trading below $0.1700.
• Investor confidence is declining as CEXs record roughly 2 million PI tokens in inflows over the past 24 hours, suggesting a near-term sell-off.

Pi Network (PI) is trading below the $0.1700 mark on Monday, extending its gradual decline as the token remains stuck in a consolidation phase. 

Recent data shows that centralized exchanges (CEXs) received close to 2 million PI tokens over the past 24 hours, pointing to rising sell-side activity amid a broader risk-off tone across the cryptocurrency market. 

Selling pressure persists amid geopolitical tensions

Pi Network continues to face downward pressure, mirroring wider market caution triggered by failed peace negotiations between the United States and Iran in Pakistan. The breakdown in talks has escalated tensions, with the US initiating a blockade of maritime traffic through the Strait of Hormuz—further dampening investor risk appetite.

Data obtained from PiScan shows that 1.92 million PI tokens were transferred to CEXs within 24 hours, suggesting that KYC-verified mainnet users may be reducing their holdings and adding to the ongoing sell-off.

Currently, investors within the ecosystem are shifting their attention to the upcoming Consensus 2026 event, hosted by CoinDesk from May 5–7. Pi Network co-founder Chengdiao Fan is scheduled to speak on May 6 on the topic of integrating Web3, AI, and blockchain for real-world utility. 

The event, with Fan speaking, could trigger a “buy the hype, sell the news” dynamic—potentially fueling a short-term rally ahead of the event, followed by renewed selling pressure.

PI could experience further selling pressure

The PI/USD 4-hour chart is bearish and efficient as the token is trading below both the 50-day and 100-day Exponential Moving Averages (EMAs), currently positioned around $0.1800 and $0.1898, respectively.

Momentum indicators reinforce the bearish outlook. The Relative Strength Index (RSI) sits near 44, below the neutral midpoint, indicating sustained bearish momentum. 

Meanwhile, the Moving Average Convergence Divergence (MACD) shows slightly negative histogram bars, suggesting that downside pressure remains in play.

On the downside, immediate support lies at $0.1556, the February 23 low. A break below this level could open the door to further declines within the current bearish structure.

However, if the bulls regain control, a move above the 50-day EMA at $0.1800 would be the first sign of recovery. A daily candle close above this level would allow PI to reclaim the 100-day EMA near $0.1898.

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