Bull Flag

Ethereum slipped nearly 4% in the past 24 hours after the European Central Bank raised rates by 25 basis points, adding pressure to risk assets. Traders are now watching whether ETH can defend the $2,350 bull flag support as U.S. rate hike odds rise to 74%.

Hyperliquid’s HYPE token has surged sharply, leaving a persistent bearish trader facing more than $60 million in cumulative losses across multiple positions. The latest rally gained momentum after comments on a possible compliant US path for Hyperliquid, while technical traders are watching a bull flag breakout that points toward $100.