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BTC’s medium-term trend is weakening; short-term fluctuations cannot mask directional risks | Invited Analysis | Bee Network

LoginBerita TrendingAgen AIMeme LaunchpadDeSciPenjelajah Rantai AtasUntuk Newbee100x KoinPermainan LebahSitus Web PentingAPLIKASI yang Harus DimilikiSelebriti KriptoDePINPemula PentingDetektor PerangkapAlat DasarSitus Web Tingkat LanjutPertukaranAlat NFTAlam Semesta Web3permainanDAppSarang lebahPlatform BerkembangIKLANIsi Ulang KoinGabungUniversitas Web3permainanDAppSarang lebahIKLANrumahAnalisisAnalisisWyattdefiPasarkriptoBTC’s medium-term trend is weakening; short-term fluctuations cannot mask directional risks | Invited AnalysisRelated: HIP-3 and Builder Codes: Hyperliquid’s Ecosystem Counterattack Original author: @esprisi0 Compiled by: Peggy, BlockBeats Editor’s Note: Hyperliquid once dominated the decentralized derivatives market, but its market share plummeted in the second half of 2025, drawing industry attention: Has it peaked, or is it laying the groundwork for the next phase? This article reviews Hyperliquid’s three phases: from its extreme dominance with a market share as high as 80%, to the loss of momentum due to strategic transformation and accelerated competition leading to a drop to 20%, and then to its resurgence centered on HIP-3 and Builder Codes. The following is the original text: Over the past few weeks, concerns surrounding Hyperliquid’s future have intensified. Loss of market share, rapidly rising competitors, and an increasingly crowded derivatives market raise a crucial question: what’s really going on beneath the…Analisis ## bitcoin# kriptoDefinisi #Pasar #上一篇 85% of transaction volume is controlled by thousands of wallets: The hidden centralized landscape of stablecoin payments下一篇 Netmarble's MARBLEX invests in OpenLedger, ushering in a new era of verifiable AI-driven gaming.A Century-Old S&P, First Time On-Chain: Who’s Taking CME’s Weekend Business?6086cf14eb90bc67ca4fc62b1The Chinese name “Solara” was born. Is Solana sounding the clarion call for a counterattack?6086cf14eb90bc67ca4fc62bKTX is officially launched, featuring unified account architecture and MEME project-friendly6086cf14eb90bc67ca4fc62b92025 Prediction Market Review: Total Trading Volume Exceeds $50 Billion, Top Two Players Hold Over 97.5% Market Share6086cf14eb90bc67ca4fc62b2When the price of Ethereum and its micro-strategies fluctuates drastically, how can we make steady progress in the optio6086cf14eb90bc67ca4fc62b4When Bitcoin Miners Take to Space6086cf14eb90bc67ca4fc62bAI Infrastructure Surged Throughout Q1; Who Can Sustain “High Valuations” in Q2?Is Kraken Also Launching a Token? A Guide to Ink’s First Season Points Program18 Years Later, Cashtag on X Is Finally “Usable”Gain Capital: Global Assets, Global VisionThe “PayPal Mafia” of the AI Era: From Internship Buddies to BillionairesLighterStake.comFogoFabric FoundationOpen ClawLetsExchangeRoboForceOllamaKoinCarpbinanceKoinMarketCapKoinGeckohidup koinArmorKertas putihPeranPertanyaan UmumKebijakan pribadiKetentuan LayananCoinCarpBinanceCoinMarketCapCoinGeckoCoinliveArmorsKertas putihPeranPertanyaan UmumKebijakan pribadiKetentuan LayananPemburu AirdropAnalisis dataSelebriti KriptoDetektor PerangkapEnglish繁體中文简体中文日本語Tiếng Việtالعربية한국어हिन्दीاردوРусский

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