Bitcoin's Uptrend is Healthy, Momentum May Continue
In the August 24 episode of the Crypto Banter podcast, it was noted that Bitcoin's rise was initially driven by a short squeeze. As shorts and highly leveraged longs were liquidated, market leverage has returned to a healthier level, with the trend shifting from a short squeeze to a healthy rebound. Historical data shows that when Bitcoin experiences a weekly surge of around 20%, it often has continued momentum afterward. Statistics from the past 15 years indicate that similar trends lead to an average increase of about 8.3% over the next 7 days, approximately 17% over two weeks, and an average rise of 36.5% over 8 weeks. Additionally, the host is optimistic about Lighter, believing that it could become a potential beneficiary if it faces regulatory hurdles when entering the U.S. market with Hyperliquid.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Hyperliquid HIP-3 Supports Optional Licensed Market Configuration

Hyperliquid HIP-4 Predicts Market Trading Volume to Increase Nearly Threefold, Regulatory Access as Major Limitation

Tether’s USDT0 launches on Stellar with cross-chain liquidity

Lazarus Wallet Moves Over $30 Million Through Hyperliquid

Hyperliquid Strategies Increases Equity Financing Limit to $2.5 Billion (Additional Submission to SEC)

Ethereum versus Solana: Which L1 captures more value?

ARK Invest compares Ethereum, Solana, Hyperliquid to restaurant chains

Despite Cryptocurrency Gains, Shareholders Remain Unsmiling: Kaiko Research Diagnoses Structural Limitations of DAT

Pons Daily Fees Reach $5.95 Million, Ranking Fourth Overall on Chain

From a Loss of 1.1 Million to a Profit of 10 Million in 10 Months: A Review of Hyperliquid Arbitrage by Two Individuals

ARK Researcher Claims Ethereum Established Successful L2 System Without Charging Fees

HYPE First Adopted in US Cryptocurrency Index ETF, Following SOL

Kraken IPO delayed until Q2 2027: report

DEX Trading Exceeds $115 Billion in August

USD 1.527 million in tokens will be unlocked in 30 days

Whale Address VBVIT Shorts BTC, ETH, and US Stocks, Becomes the Largest Bearer for 14 Assets

August Cryptocurrency Security Incident Report: Total Loss of $215 Million, Price Manipulation and Governance Vulnerabilities as Major Attack Methods

September 2026 Crypto Market Outlook: Bitcoin, CPI, Fed Rate Hike Odds and WEEX Mini App Rewards

$90 Trillion Crypto Perpetual Market: Former Regulators Want to Bring It Back to the U.S.

Options Surpass Futures for the First Time: What Changes Are Brewing in Crypto Derivatives?

Farewell to 'Air Tokens': The Crypto Industry Initiates a Reform Wave in Token Economics

Crypto: Token Buybacks Reach $640 Million in 2026

Hyperliquid Strategies Raises Equity Financing Limit to $2.5 Billion

Pons Fees Reach $4.73 Million, Surpassing Major Platform Fees

Important News from Last Night and This Morning (September 1 - September 2)

Trillion-Dollar Giant Anthropic Plans to Go Public in October, Being Priced Ahead of Pre-IPO Market?

DEX vs CEX: Decentralized Exchanges Hit a Record

Silhouette Launches RFQ System to Support On-Chain Trading of xStocks

USDe: Ethena Turns to Wall Street to Boost Returns












