The price of hype falls with the super-liquid struggle

The crypto market is turbulent, and hyperliquid trading platforms are facing severe challenges. Due to lack of liquidity, limited trading activities and severe price fluctuations, putting huge pressure on traders.

Platform operation problems occur frequently, user transaction delays and interruptions continue to exist, platform trust has declined, and related tokens, including hype coins.

The price of speculative coins continues to fall, and the super liquid platform is struggling. CoinMarketCap data shows that the hyperliquid platform has experienced a difficult week and its token price also reacts. As of press time, the price of hype coins fell to US$11.28, a 24-hour decline of 3.04%, and a weekly decline of 10.68%. Compared with the all-time high of $35.20, the decline has reached 67%. The market value also plummeted from $10 billion in December to $3.8 billion.

In the early morning of April 6, the price briefly exceeded US$12.00, but fell rapidly. The daily chart shows that although the price showed signs of a brief rise, it eventually turned into a downward trend and market confidence continued to be sluggish.

The price of the speculative currency was about $12.63 last week, down slightly on April 3, and fell to nearly $11.50 on the morning of April 6. The buyer's strength has weakened and market pressure continues to increase.

Although the short-term forecast is slightly optimistic, overall market sentiment is still negative. 69% of traders expect prices to fall further, while only 31% hold the opposite view.

The price of the speculative currency is still above its historical low, but if the current trend continues, the price may fall further. The hype coins and hyperliquidity platforms are currently in an extremely fragile state, and traders are anxiously waiting for the market to turn around.

The possibility of speculation coins returning to their upward trajectory is slim. Although the hourly chart shows that a brief rebound may occur in the short term, the overall momentum is still bearish and market sentiment remains negative.

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