Recently, several cryptocurrencies in the market have performed actively, with Ethereum ETF experiencing explosive capital inflows, Ripple benefiting from legal positive news which led to increased whale positions, and Hyperliquid (HYPE) approaching key resistance levels amidst upward momentum, as market sentiment continues to heat up.
#Ethereum: ETF single-day inflow exceeds $1 billion, bullish signals intensively appearing
Monday, spot Ethereum
ETF set a record for the largest single-day net inflow, with total inflows reaching $1.01 billion, far exceeding the $178 million of Bitcoin ETF on the same day. Among them, BlackRock iShares
Ethereum Trust (ETHA) attracted $640 million, followed closely by Fidelity Ethereum Fund (FETH) with $277 million, becoming the main force of capital inflow.
Behind this heat, Ethereum has performed strongly recently: the price has risen 45% in the past 30 days, currently quoted at $4310; the number of ETH held on exchanges has decreased to 15.28 million, the lowest since November 2016, reflecting that investors prefer to hold for the long term. On-chain data shows that Ethereum remains the dominant chain for tokenized assets, accounting for 58% of all on-chain tokenized assets, with the network asset scale first breaking through $150 billion.
However, the market also needs to be wary of potential risks: the increase in profit-taking by short-term traders may trigger a slight pullback; Ethereum co-founder Vitalik Buterin reminds that the trend of companies increasing their ETH holdings as treasury assets may hide the risk of 'over-leverage'.
Ripple coin (#XRP): Legal disputes conclude, whales increase holdings by 900 million in 48 hours
With the long-term lawsuit between Ripple and the U.S. SEC officially concluded (both sides withdrew all appeals), Ripple coin has received capital support: in the past 48 hours, large holders have cumulatively increased their holdings by 900 million XRP, with daily trading volume soaring to $8.77 billion, a 69% increase from the previous day, and open interest has also risen, indicating an increase in active positions in the market.
The current price of XRP is $3.13, up 3% from a week ago. Analysts point out that $3.27 is a key resistance level — this price level coincides with the upper boundary of the downward channel on the 2-hour chart. If broken, it is expected to test $3.37, $3.51, or even challenge $3.60; the support area is between $2.95 and $3.11, regarded as the ideal entry range after a pullback. If this area is maintained, it is expected to challenge a new historical high.
Hyperliquid (#HYPE): Strong upward momentum, $50 level draws attention
In the past week, HYPE has performed brilliantly, with a price increase of 27%, currently at $45.50, up 4.5% in 24 hours, with trading volume surging by 15%.
Technical indicators show that HYPE has reached the upper Bollinger Band, historical patterns indicate that it may face selling pressure here, with a potential short-term pullback of 13%; however, if it can break through the resistance level of $47, it is expected to reach a new historical high.
On the indicators front, HYPE's Relative Strength Index (RSI) is at 60, not yet entering the overbought zone, still having room for upward movement; the Total Locked Value (TVL) has reached a historical high, reflecting increased investor recognition.
It is worth noting that the market's key liquidation points are concentrated at $44.25 (downward) and $47 (upward). In the past 24 hours, long positions reached $10.91 million, far exceeding the short positions of $3.33 million, clearly indicating a dominance of long positions.
Overall, Ethereum is showing signs of a bullish trend driven by institutional funds, XRP is gaining funds due to legal benefits, and HYPE is aiming for new highs supported by technical indicators. However, all cryptocurrencies need to pay attention to key price level breakthroughs, as short-term volatility risks still need to be heeded.