Technical Analysis

HYPE, the native token of the Hyperliquid exchange, has fallen about 5% over the past 24 hours to around $27, slipping below short-term support. The project’s TVL has declined from $2.42 billion on October 30 to $1.63 billion, while derivatives open interest has also shrunk, intensifying selling pressure. Analysts say that if the current bearish trend and weak RSI continue, HYPE could revisit the $23 area. They add that a rebound above $29 could open a path toward $36.23.

Ethereum has pulled back to the low $3,100s after briefly trading above $3,300, with momentum flattening and resistance building between $3,300.99 and $3,371.59. Buyers are defending support at $3,137.51, $3,077.72, and $3,069.97, while clustered bids around $3,189 are meeting offers at $3,208.02, $3,200.98, and $3,195.11 after last week’s rebound, according to TradingView data.

Fed cuts rates again, Bitcoin fluctuates around $90,000, investors hope for a Santa Rally despite volatility.

Internet Computer (ICP) is retesting a key support cluster around $3.039, $3.009, and $2.977 as bearish momentum cools but continues to dominate the daily trend. Technical indicators, including downward-sloping 9-day and 20-day EMAs, a negative MACD, and an RSI in the mid-30s, point to sellers remaining in control while hinting at potential stabilization. Large bid and ask liquidity walls in the order book between $0.723 and $5.050 are expected to influence whether ICP extends its breakdown or rebounds toward resistance at $4.659, $4.908, and $5.050.

XRPL fee revenue has dropped 89%, with the 90-day average sliding from about 5,900 XRP per day in February to 650 XRP now. On December 10, 2025, the NYSE unveiled a Satoshi Nakamoto statue during Twenty One Capital’s debut. Over a 12-hour span, Bitcoin showed a 3,065% liquidation imbalance, as longs absorbed most of the $81.99 million in liquidations.

Shiba Inu (SHIB) is trading below its downward-sloping 20-, 50- and 100-day EMAs, with fading volume and key resistance clustered at $0.0000093-$0.0000095, according to U.Today. A convincing breakout with stronger participation is seen as necessary before any zero removal, while buyers have been defending the $0.0000080-$0.0000083 area and RSI is holding in the midrange. If resistance holds, SHIB risks a pullback toward the mid-$0.0000070s.

On December 11, 2025, Bitcoin dropped below $91,000 after the Singapore trading session saw a 2.7% intraday decline from a prior peak near $94,490. The pullback came as Asian hours, which had been driving gains since August 2025, briefly weakened and left BTC trading just above $90,000 while triggering $175M in long liquidations across the market.

On December 11, 2025, Gemini said it added RLUSD support on the XRP Ledger. The update enables RLUSD deposits on XRPL and withdrawals on XRPL or Ethereum, with staking up to 4% APY and near-instant settlement. Mastercard and WebBank will use RLUSD to settle transactions on the Gemini Credit Card. XRP fell from $2.17 to $2.02 over 48 hours.

On December 10, the Federal Reserve cut rates by 25 bps to 3.50–3.75% and outlined $40 billion of U.S. T‑bill purchases over the next thirty days. Bitcoin fell 2.14%, slipping under $90k as traders balanced added short‑term liquidity against longer‑term risks, including a potential pause in 2026 cuts.

Ark Invest CEO Cathie Wood says Bitcoin’s traditional four-year cycle may be weakening as institutions and spot ETFs absorb and hold more circulating supply. The April 20, 2024 halving cut miner rewards to 3.125 BTC and reduced daily issuance by about 450 BTC, a change some analysts view as modest relative to total market size and ETF inflows, according to these commentators.