Jupiter (JUP) Plunges, Hyperliquid (HYPE) Faces Similar Fate as Charts Mirror Bearish Pattern

The cryptocurrency market is experiencing a downturn marked by Ethereum’s sharp Q1 decline—the worst in over a decade. This downward pressure has heavily impacted altcoins like Jupiter (JUP) and Hyperliquid (HYPE), both of which have experienced significant losses in the past 90 days. JUP is now at its lowest point ever, while HYPE is on the brink of mirroring this trend as its chart structure begins to resemble that of JUP’s decline.