Kategorie: Crypto Analysis

TL;DR

• BTC is down 3% in the last 24 hours and trading around $111,200 per coin.
• The negative performance comes amid the ongoing U.S.-China tariff war and Powell’s speech later today.

BTC dips to $111k

Bitcoin, the leading cryptocurrency by market cap, is down 3% in the last 24 hours and is now trading around $111,200 per coin. The bearish performance comes amid rising US-China trade conflict, with traders expecting further volatility in the market.

In addition to that, the spot Bitcoin Exchange Traded Funds (ETFs) recorded an outflow of over $320 million on Monday, indicating that investors are taking a cautious approach to the market. 

Fed chair Jerome Powell is set to speak later today, with market participants focusing their attention on the event, which could spark fresh volatility across risk assets, such as Bitcoin.

Investors will be looking for fresh hints on the possibility of an interest rate cut later this month. However, with the ongoing US government shutdown limiting new economic data releases, Powell might offer little information on the upcoming FOMC meeting. 

Finally, on-chain data reveals that the wallet, referred to as BitcoinOG, which shorted BTC right before Friday’s dump last week, has increased its open short position earlier today. This latest development brings the total short position to over 4,394 BTC. 

Two other whales with significant profits on Hyperliquid have also opened large short positions in the market as they expect a further dump in the near term. 

BTC remains bearish as traders adopt a cautious approach

The BTC/USD 4-hour chart is bearish and inefficient as Bitcoin has underperformed over the last 24 hours. BTC slightly recovered on Monday, hitting the $115k mark following Friday’s sharp decline. 

However, it has failed to maintain the momentum and is now trading at $111,200 per coin. The Relative Strength Index (RSI) reads 42 on the 4H chart, which is below its neutral level of 50. The RSI indicates momentum is gaining traction. Furthermore, the Moving Average Convergence Divergence (MACD) showed a bearish crossover on Friday, remains bearish, suggesting further selling pressure. 

If the BTC correction continues, the coin could dip lower towards the next major support level at $107,245. However, if the bulls regain control of the market, they could push the price towards the $115k resistance level once again.

The post BTC price forecast: Bitcoin stays below $112k ahead of Powell speech appeared first on CoinJournal.

• Aster is rebounding after a sharp market crash, regaining key price levels.
• DeFiLlama delisting, however, sparked trust concerns across the DeFi community.
• Upcoming token unlock and delayed airdrop also pose new volatility risks.

After suffering one of its steepest crashes to date, the Aster (ASTER) cryptocurrency is once again showing signs of life.

The decentralised exchange token has rebounded more than 13% in the past 24 hours, recovering from a deep selloff that wiped out over half of its market value earlier this month.

The rebound follows a chaotic week in the crypto market that saw more than $20 billion in leveraged positions liquidated — the largest single-day wipeout in digital asset history.

Aster, which had climbed to prominence after rebranding from APX, was hit particularly hard, plunging nearly 52% from its September highs around $2.30 to as low as $1.10.

The crash came after a string of damaging events, including its abrupt removal from DeFiLlama, a $12 million token transfer to Binance, and a delay in its highly anticipated Stage 2 airdrop.

DeFiLlama delisting raises deeper questions

Aster’s removal from DeFiLlama last week was more than a simple data correction. It reignited a broader debate about transparency and trust in decentralised finance (DeFi).

The analytics platform flagged Aster’s reported volumes for suspicious similarities with Binance’s perpetual market data, suggesting the exchange’s activity might not be entirely organic.

For a project that had quickly climbed to the top of the DEX leaderboard, the delisting was a major credibility blow.

The controversy highlighted a deeper issue within DeFi of how much the supposedly trustless system still depends on centralised gatekeepers to define what’s real.

Experts note that roughly a quarter of exchanges still display signs of inflated activity through wash trading or automated self-dealing.

When DeFiLlama pulled Aster’s data, some, like Bolivian, accused the aggregator of acting as a centralised authority.

Others, like Simon Dedic, defended its decision, saying it protected the integrity of market data. The incident served as a reminder that in a world built on transparency, trust remains the weakest link.

Aster airdrop delay and token unlock weigh on outlook

Adding to the uncertainty is Aster’s upcoming Stage 2 airdrop, which the team postponed from October 14 to October 20 after complaints about allocation discrepancies.

The developers have, however, confirmed that 4% of the token supply will soon move from the Airdrop Reserve to the project’s Treasury contract, ready for the unlock.

Heads up, community.

We’re moving funds on-chain to prepare for the upcoming Stage 2 $ASTER airdrop claim.
A total of 4% of $ASTER tokens will be transferred from the Airdrop Reserve to the Aster DEX Treasury contract.

These are official transactions conducted by the team.…

— Aster (@Aster_DEX) October 13, 2025

While the delay has temporarily eased selling pressure, it has also raised concerns about future dilution.

More than half of Aster’s total supply remains designated for upcoming airdrops, and the lack of clear vesting details could spark volatility once tokens enter circulation.

Bulls return, but resistance looms

Despite these challenges, Aster’s price has rebounded sharply, trading around $1.56 after recovering key support at $1.50.

Technical indicators show improving sentiment. The Relative Strength Index (RSI) has climbed above the neutral 50 mark, while the MACD has turned positive, suggesting renewed buying pressure.

A clean break above $1.60 could open the path to $1.70 and eventually the psychological $2 level if momentum holds.

On-chain data also supports the bullish turn. Aster’s total value locked (TVL) has risen slightly to $2.16 billion, signalling that liquidity is slowly returning to the protocol.

The rebound in TVL, while modest, suggests users are regaining confidence after last week’s panic.

However, analysts caution that the pattern resembles a “dead cat bounce” common after steep selloffs.

$ASTER this might be unpopular, but there’s a valid case to be made that despite the liquidation, Aster’s still forming another lower high while bulls try to regain momentum.

The rejection around $1.53 lines up pretty nicely with both the top of the descending channel and the… pic.twitter.com/FAztwhn2Pl

— Ardi (@AltcoinArdi) October 13, 2025

If the bullish pressure fades, the price could retreat toward $1.25 or even $0.97.

The post ASTER price bounces back, but DeFiLlama exit and unlock threaten rally appeared first on CoinJournal.

• The Hyperliquid Improvement Proposal 3 (HIP-3) upgrade enables permissionless perpetual market creation.
• Jeff Yan’s transparency push boosts trust in on-chain trading.
• Hyperliquid (HYPE) price has held above $40, eyeing resistance near $43.82.

Hyperliquid (HYPE) has rallied sharply today, with HYPE jumping about 13% to $41.67 as markets reacted to a major protocol upgrade and a renewed debate over exchange transparency.

The HYPE token price surge pared a weekly decline and sent market-cap metrics higher as traders digested both the technical and fundamental implications of recent events.

Activation of HIP-3 Hyperliquid upgrade

The headline driver is the activation of Hyperliquid Improvement Proposal 3 (HIP-3) on Oct. 13, a protocol upgrade that allows permissionless creation of perpetual futures markets.

Under the new rules, builders who stake 500,000 HYPE can deploy perp DEXs on HyperCore, a shift that explicitly links token utility to platform growth.

That staking mechanism creates immediate on-chain demand for HYPE while lowering barriers for derivatives builders, potentially expanding the range of tradable products and liquidity on the protocol.

This upgrade also aligns with Hyperliquid’s broader positioning as a fully on-chain DEX integrated with HyperEVM.

By design, every trade, order, and liquidation is logged transparently on the chain. For traders and market makers, the promise of open verification reduces counterparty risk tied to opaque internal reporting.

Hyperliquid’s founder criticises CEX’s non-transparent liquidation

Hyperliquid’s founder, Jeff Yan, amplified HYPE’s value proposition by publicly criticising centralised exchanges for underreporting liquidation events.

Yan pointed to documentation showing Binance’s CEX liquidation streams only publish a single event per 1,000 milliseconds, which can mask multiple simultaneous liquidations.

Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations

Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their… pic.twitter.com/K5sv74LJgO

— jeff.hl (@chameleon_jeff) October 13, 2025

In the wake of a $19 billion liquidation cascade over Oct. 10–11, those comments hit home for many market participants.

The contrast between Hyperliquid’s on-chain record and alleged CEX underreporting has become a tradeable narrative.

Institutional and retail traders who prioritise verifiable execution may reallocate activity and capital toward venues where every liquidation is public and auditable.

That trust shift, if it persists, could support sustained volume on Hyperliquid.

HYPE token price analysis

Technically, HYPE has bounced off a longer-term support near the 200-day simple moving average, around $36.17, which attracted dip buying.

Momentum indicators look mixed: RSI sits close to oversold territory at about 38.8, suggesting room to run, while MACD readings remain bearish.

While Hyperliquid’s price has today cleared a short-term hurdle, meaningful overhead resistance exists, and bears have not yet capitulated.

According to some analysts like CoinLore, the token needs to hold above $39.80 to target the first resistance at $43.82, with higher resistances at $49.45 and $57.30.

On the downside, a failure of $39.87 could open the path toward $35.03, where longer-term support may be tested.

Hyperliquid price forecast and key levels to watch

In the near term, bullish momentum looks plausible if adoption follows the upgrade and if the transparency narrative continues to redirect volume into Hyperliquid.

A sustained hold above $40 is critical; it would validate the recent rebound and increase the chance of testing $43.82 as the next objective.

Failure to defend that zone, however, could see HYPE retest lower support near $35.

Traders should watch for concrete adoption signals over the next 48 hours: new perp deployments, on-chain staking activity, and consistent trade volumes on freshly minted markets.

The traders should also monitor how the broader market digests macro news, since systemic events can quickly overwhelm idiosyncratic catalysts.

If builders and traders embrace HIP-3, HYPE’s utility and demand could meaningfully outpace speculative momentum alone.

The post Hyperliquid price forecast: HIP-3 upgrade and CEO’s transparency crusade fuel bullish momentum appeared first on CoinJournal.

Key takeaways 

• Binance’s BNB is up 11% in the last 24 hours and has set a new all-time high of $1,370.
• The crypto exchange paid $283M in compensation to users affected by the depegging of three assets on its platform.

BNB hits a new ATH as Binance comes under fire

BNB, the native coin of the Binance ecosystem, has continued its excellent performance by hitting a new all-time high earlier today. The coin touched $1,370 early on Monday, setting a new all-time high in the process and hitting a market cap of $187 billion.

The third-largest cryptocurrency by market cap temporarily dropped to the $1,077 support on Friday as the broader crypto market recorded massive losses. However, it has since bounced back and is now trading above $1,300.

The rally also comes as Binance faces criticism from traders within the crypto community. Traders recorded massive losses on Friday as Binance depegged three Binance Earn assets.

The depeg occurred in three Binance Earn markets — Ethena’s stablecoin USDe, Binance-issued Solana liquid staking token BNSOL, and Wrapped Beacon liquid staking token WBETH.

However, Binance announced that it had paid $283 million in compensation to the affected users. Furthermore, it covered users with verified losses from internal transfers/Earn redemptions.

BNB could hit $1,500 as rally continues

While the broader crypto market is recovering, BNB has also rallied to a new all-time high. The BNB/USD 4-hour chart is bullish and efficient thanks to BNB’s rally over the last 24 hours.

The momentum indicators remain extremely bullish, suggesting that BNB could rally higher in the near term. The RSI of 63 shows that buyers are in control and could push BNB into the overbought region if the bullish bias persists. The MACD lines are also within the positive region, indicating a bullish bias.

If the rally continues, BNB could surge towards a new all-time high of $1,500 over the next few days or weeks. However, if BNB undergoes a correction, it could decline and retest the weekend low of $1,077 ovr the coming hours or days.

The post BNB hits a new ATH of $1,370 as the broader market recovers appeared first on CoinJournal.

TL;DR

• ETH is up 8.5% in the last 24 hours and is now trading above $4,100.
• The coin could extend its recovery if the daily candle closes above $4,232. 

ETH tops $4,100 after Friday’s flash crash

Ether, the second-largest cryptocurrency by market cap, is recovering excellently following Friday’s crash. The market crash saw ETH briefly touch the $3,500 region as it lost over 30% of its value within an hour.

However, the coin has now added 8.5% to its value over the last 24 hours and is now trading at $4,165 per coin. The crash was caused by President Trump announcing new tariffs against Chinese imports.

While commenting on the recent market events, Nick Forster, Founder at leading onchain options platform, Derive.xyz, stated that, on the day of the crash, options skew dropped sharply for both BTC and ETH, reflecting a rush into downside protection. Skew measures the relative demand for calls versus puts; a more negative value indicates higher demand for puts.

“Volatility spiked sharply across BTC and ETH markets. Typically, sharp selloffs only lift short-dated volatility (1-7 DTE) as traders expect near-term turbulence to subside. However, Friday’s downturn drove elevated volatility across all expiries, signaling expectations of sustained turbulence and a choppy road ahead,” Forster added. 

ETH could surge higher if the daily candle closes above $4,232 resistance

The ETH/USD 4-hour chart is bearish and inefficient thanks to Friday’s price action. ETH failed to find support around the daily level at $4,488 last week and dumped by over 20% on Friday. However, it has recovered slightly, closing above $4,150. At press time, ETH hovers at around $4,160.

Like Bitcoin, Ethereum’s MACD still supports the bearish view but could change soon as the buying pressure increases. The RSI of 54 is above the neutral 50, suggesting that buyers are regaining control of the market. 

If ETH continues its recovery and closes above the daily resistance at $4,232, the coin could surge higher towards the next key resistance level at $4,488. However, failure to overcome the $4,232 resistance could see ETH extend its decline toward the 61.8% Fibonacci retracement level at $3,593 in the coming days.

The post Ether price forecast: ETH eyes further recovery as price nears $4,200 appeared first on CoinJournal.