DoubleEdge

Gold actually looks pretty decent here. If we reclaim the simple trendline, I think a move into the upper supply zone comes quickly. Am I the only one watching this level?

If we reclaim the simple structure on H1, I’m willing to take a shot at catching some upside momentum.

Potentially great long setup cooking in $HUMA. The whole market is heavily shorting rising OI with negative funding and decreasing perp CVD. Meanwhile spot (white line) keeps holding price action after a triple-tap support test. That’s a pretty good mix for a potential short

Orange man TACO play unfolding again. BTC is basically asleep good night, grandpa. Meanwhile the leading momentum asset is… South Korean gambling stocks. And oil is trading like a $10M VC scam coin. Amazing timeline.

We simply joined $KITE bulls on the long side to collect funding until new ATH. Once funding neutralizes, we short. Getting paid ~1% every hour to hold this is quite a deal. TLDR: Lower.

Crude oil just filled the CME gap.

$KITE sweeping the floor pattern, then spot pushing it higher on heavy negative funding. Idk the direction (you do). I’ll just collect funding until ATH.

$KITE They are right, but just need to collect some juicy funding every hour then down only. GM

Worth paying attention this coin imo.

The fundamentals have also shifted pretty quickly: HIP-3 expanded Hyperliquid beyond crypto perps into stocks, commodities, forex, and indices

Hyperliquid controls 73% of the perp DEX market — without airdrops or points

$HYPE trades around $30 ($7.2B mcap), still 50% below last year’s $59 ATH. On the surface that doesn’t look impressive. But zoom out: BTC sitting at $65K, ETH is weak, and alt liquidity keeps bleeding out. Most charts look worse. In this environment, holding range isn’t neutral.

TradFi assets went from <5% to 31.6% of Hyperliquid volume in <30 days

Fee burns are running ~1.8–2.3× daily HYPE issuance

$KITE took the swing high on the daily chart and is now sitting slightly below the level. With deeply negative funding, it doesn’t make much sense to short right now because you’ll probably get rekt with -2.3% per hour. In my opinion, it’s better to wait for funding to cool down

$HYPE front-ran BTC a little. I mentioned on Friday the potential for a long into the weekend hype, which ended up playing out. Hopefully we get a proper momentum retest today unfortunately I missed the move.

GM everyone! Big week ahead of us.

Imagine the smell if BTC paints something like this next week. Everyone would get absolutely rekt in this pro-chop environment.

Order book depth starting to skew heavily again toward deeper BTC limit bids.