Crypto_GR

CryptoQuant analysts see worrying similarities with the bear market of May 2022. The UTXO in Loss indicator has entered the 27–30% zone again. This means a large number of Bitcoin holders are currently holding at an unrealized loss.
Important: this range is not a clear bear signal. It is more like a decision zone.
If the indicator stays above 30%, selling pressure could increase and the market may fall further.
If it stays between 27–30%, it may mean that most of the bad news is already priced in.

While Bitcoin is correcting and most altcoins continue to fall, HYPE is doing the opposite. And it’s not by chance, luck, or simple speculation.
The HYPE token belongs to Hyperliquid, a DEX that already competes in volume and efficiency with centralized exchanges, but with one key difference: its price depends on real protocol usage, not just market sentiment.

1️⃣ The price of HYPE is linked to usage, not sentiment

Unlike most tokens, HYPE does not depend on future narratives, but on an immediate metric:
👉 real trading volume on Hyperliquid.

Hyperliquid generates fees directly from:
• perpetual futures trading
• permissionless markets
• growth in open interest even during market downturns

In this correction, volume did not fall, and in some pairs it even increased.

This is key because every dollar of volume has a direct effect on the token (see point 2).

Result:
While other tokens lose demand when the market falls, HYPE maintains buyers because its economic flow remains active.

2️⃣ Automatic buybacks: the mechanism that supports the price
Hyperliquid uses most of its protocol fees to buy back HYPE directly from the market.

This creates a very specific effect:
📈 More trading → more fees
🔥 More fees → more HYPE bought back
📉 Less circulating supply → lower selling pressure

This is not a discretionary or narrative-based buyback; it is structural and continuous.

During a correction:
• traders keep trading (often more, due to volatility)
• the protocol keeps buying back
• the token receives natural support

That’s why HYPE doesn’t collapse when the market falls, and in some phases it even goes up.

3️⃣ My approach: wait for a correction and manage entries

Despite the structural strength, I don’t buy price extensions.
Personally, I wait for a healthy correction to increase my position in these zones:

$27

$25

$23

These are levels where the risk/reward ratio improves and where a correction doesn’t invalidate the thesis, but rather reinforces it.

A strong project can remain strong…
…and still correct in price.

Analysts at Compass Point think the bear cycle is almost over, but Bitcoin could still go lower. Their main idea is that the bottom could be between $60,000 and $68,000, unless there is a big crisis in the US stock market.
The $70,000–$80,000 range is called a “air pocket” — there is almost no support there, and less than 1% of long-term holders bought BTC in this range. Meanwhile, 7% of all bitcoins held long-term were bought between $60,000 and $68,000, making this area very important.
Additional pressure comes from Bitcoin ETF outflows — about $3 billion since January 15, and more than half of investors are currently at a loss. The next key level is $55,000, but falling below it is only likely in extreme conditions, like in 2022.

The vast majority of investors lose money when the market collapses. Sharp drops, high volatility, and fear-driven decisions often push people to sell at the worst possible moment. However, there is a strategy designed not to predict the market, but to protect capital and reduce losses during these periods: hedging.
This strategy is mainly used when a market decline is expected, but you still want to keep your spot position due to a long-term conviction. Instead of selling your assets, you open a futures position in the opposite direction, usually a short, with the same size as your spot holding.
For example, if you hold 1 BTC in spot and market conditions start to weaken, you can open a 1 BTC short in futures. If the price falls, the temporary loss in spot is compensated by the profit from the short. When clear bullish structures or signs of recovery begin to appear, the futures position is closed, allowing the spot position to fully benefit from the next upward move.
Leverage management is a key part of this strategy.
When working with large-cap assets such as BTC or ETH, traders typically use low leverage, usually between 1x and 3x, as these assets tend to have more controlled price movements. Strong price moves above 50% in a short period are uncommon for large assets, although in crypto, they can still happen.
For altcoins, the risk is significantly higher. Price swings can be aggressive, which is why many traders choose to use 1x leverage, reducing the risk of liquidation if the market moves sharply against the position.
Hedging is not a strategy to generate profits. It is a risk management tool designed to help investors survive periods of extreme volatility, protect their portfolios, and make decisions based on strategy rather than emotion.

According to Bloomberg insiders, Donald Trump is expected to announce the new head of the Federal Reserve today. The main candidate is Kevin Warsh, who visited the White House recently.
What we know about him in simple words:
supports strict monetary policy;
served on the Fed’s Board from 2006 to 2011;
during the 2008 crisis, he was a key link between the Fed and Wall Street;
previously worked at Morgan Stanley.
If this information is confirmed, the market could see another sign that the Fed may move toward tighter policy.

The S&P 500 index reached a new all-time high, going above 7,000 for the first time in history.
US President Donald Trump also reacted, saying: “America is back!!!”
Even with this new stock market record, cryptocurrencies did not react much. According to Newhedge, Bitcoin’s correlation with the stock market is still quite low, at around 0.39.

The company said it bought more Bitcoin, increasing its corporate $BTC holdings. Earlier, Steak ‘n Shake started accepting Bitcoin payments and promised to put all money from these orders into its Bitcoin fund.
Crypto payments have already helped the business. Sales went up by 15% in the fourth quarter of 2025 and by 18% in 2026. Including earlier purchases, Steak ‘n Shake now holds about 167–168 $BTC in total.

Tether has gathered more than 140 tons of gold, worth around $24 billion, making it the largest known private holder of physical gold outside governments and banks. By the size of its reserves, the company has already surpassed the official gold holdings of several countries, including Australia and Saudi Arabia.
Tether CEO Paolo Ardoino calls this approach “quasi–central bank”, saying that gold is a key asset in a world of growing geopolitical tension and declining trust in fiat currencies. In this context, Tether plans not only to store gold, but also to actively trade it, competing with major global banks.