The popularity of HYPE Coin has skyrocketed thanks to social media trends and its volatile nature. However, this surge is raising questions: what does market analyst Efloud, who previously predicted HYPE’s rise, think now about the coin’s current standing? 🕵️♂️ Competition from Aster, fueled by CZ’s endorsement, has impacted HYPE’s appeal and led to a decline in its price. Efloud warned of potential corrections and shared his analysis: Could $42 serve as support for HYPE? A drop below that could signal a broader negative trend. He also pointed out the potential market-wide correction could trigger a crash to around $28, another critical point to watch. 📈 Social media plays a crucial role in HYPE Coin’s trajectory, and a surge in trading volume and sentiment might lead to a rapid rebound. However, resistance at the central channel could act as a barrier for buyers seeking further gains. 🚀 Investors are eagerly awaiting Solana’s ETF approval this Friday, with hopes of seeing more institutional investors flocking to the coin. Lark Davis, known for bold predictions, sees potential in the SOL Coin and predicts it could reach $425 if the market reacts favorably to an anticipated price surge. 🔥 What about the Fed minutes? 📈 The release is expected, likely leading to increased volatility.