$FLOKI printing a cup and handle type of situation. Looks r | ByzGeneral på Binance Square

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$FLOKI printing a cup and handle type of situation.
Looks ready to send soon.

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FLOKI

0,00008694

+6.14%

83

0

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So the best Hyperliquid ecosystem coin is $LIQD I guess? Anything else?

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I may have been too quick to be pessimistic about Monday's open because $BTC is holding up pretty well. Funding rates are below baseline across the board and OI isn't moving much, so it's spot keeping bitcoin afloat which is a good sign.

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Disappointing open today + SPX looks like it's rolling over and gold is pumping again. Not great. I think that at this point the most likely scenario is mean reversion back to the midrange. $BTC

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Now that the HL whale got liquidated and gave up and price + OI have retraced to reasonable levels at support there's a good chance for $BTC to have a bullish open on Monday. It has to see follow through on Monday though bc on the daily the uptrend got broken. Pivotal moment.

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This looks very healthy, about $2b in OI closed on that small move down. $BTC

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