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Hyperliquid price sees a 15% decline, with bearish signals dominating. BBTrend's positive shift may signal potential stabilization or recovery.
Share link:In this post: Cardano (ADA) continues its decline, down 8% in 24 hours, amid market correction, with user activity and TVL sharply dropping since December. The ADA price faces resistance around $1.3, now sliding toward $0.75, with further declines expected if it breaches key support levels. Technical analysts warn ADA could fall to $0.763 or lower, citing weakening RSI and bearish market sentiment.
Quick Take Synthetix has set its perpetual markets on Arbitrum to close-only mode, meaning traders can no longer open new positions or increase existing ones. The move is part of a strategic pivot by Synthetix to consolidate its operations and focus on Coinbase’s Base network.
- 16:59AAVE falls below $310According to Jinse Finance, market data shows that AAVE has fallen below $310 and is now trading at $309.96, with a 24-hour increase of 3.22%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 16:18Cathie Wood: The Ethereum Foundation Is Advancing Scalability and Privacy in the Right DirectionOdaily Planet Daily reported that Ark Invest founder Cathie Wood stated on X that although she does not understand all the technical details, the initiatives proposed by the Ethereum Foundation regarding scalability and privacy appear to be the right direction to ensure its continued leadership in the institutional sector.Previously, on July 10, the Ethereum Foundation published a blog post announcing plans to fully integrate zero-knowledge proof (zk) technology at the Ethereum L1 layer. This upgrade is expected to bring significant changes in scalability and privacy, which could profoundly impact Ethereum’s future development path.
- 16:06Today's On-Chain Fund Flows: Arbitrum Sees Net Inflow of $10.4 Million, Polygon PoS Records Net Outflow of $18.3 MillionAccording to a report by Jinse Finance, data from Artemis shows that today Arbitrum saw a net inflow of $10.4 million, and Solana had a net inflow of $10.2 million; PolygonPoS experienced a net outflow of $18.3 million, while Ethereum had a net outflow of $5.1 million.