Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
During the market correction, Hyperliquid and MYX Finance prices rebound—is bull market momentum building?

During the market correction, Hyperliquid and MYX Finance prices rebound—is bull market momentum building?

币界网币界网2026/02/05 10:24
Show original
According to CoinWorld, despite bitcoin hovering around $72,000 amid weak spot demand and ethereum trading near $2,100, altcoins such as Hyperliquid (HYPE) and MYX Finance (MTX) have shown relative strength. HYPE has surged over 75% since late January and is currently consolidating within the key $34.94 to $35.95 range, with technical indicators also showing a bullish trend. MTX is narrowing within a bullish pattern, and the MACD indicator suggests an imminent crossover, potentially breaking through the $7.05 to $7.38 resistance level. However, these rebounds are considered fragile short-term rotations rather than confirmed trend reversals, and their continued rise may depend on whether bitcoin and ethereum can regain strength.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

AMD (AMD.US) Enters the "Trillion-Dollar Quantum Track": Partners with PsiQuantum to Develop Fault-Tolerant, Practical-Scale Quantum Infrastructure and Plans to Invest

AMD announced that it has expanded its partnership with PsiQuantum to jointly design infrastructure capable of supporting the operation of fault-tolerant, practical-scale quantum computers.

智通财经•2026/11/13 01:17
AMD (AMD.US) Enters the "Trillion-Dollar Quantum Track": Partners with PsiQuantum to Develop Fault-Tolerant, Practical-Scale Quantum Infrastructure and Plans to Invest

While the industry faces turmoil, "Nvidia-backed" Nscale presses ahead for NYSE listing! New IPO prospectus reveals 1,344% surge in revenue but a quarterly net loss of $1.69 billion

Nscale, a "New Cloud" provider backed by Nvidia, submitted its latest filing for an initial public offering (IPO) in the United States on Thursday.

智通财经•2026/11/13 00:41

AI capital expenditures peak as global stock market profits"shift gears"! Goldman Sachs outlines three major themes for 2027

Goldman Sachs Portfolio Strategy Research Department pointed out that as the artificial intelligence investment boom peaks, global stock market earnings growth is expected to decline by more than half in 2027. However, recent valuation declines have created attractive entry points for long-duration technology growth stocks.

智通财经•2026/11/13 00:37