CryptoQuant founder and CEO Ki Young Ju said on Oct. 19 that Hyperliquid’s token HYPE currently ranks as the most bullish crypto asset when measured by analyst sentiment. According to his post, HYPE shows a bullish deviation of about 2.3 standard deviations, the highest among the major assets listed. He said the main bullish case centers on fee-driven buybacks supporting the token’s price action, while no dominant bearish consensus has emerged around it.
Based on the same analyst sentiment framework, the tokens following HYPE on the bullish side are BNB, SOL, Bitcoin, ADA, XRP, Ether and UNI. Ki also outlined some of the reasoning attached to those views. For BNB, the bullish case points to broader adoption in real-world payments and tokenized assets. On the bearish side, Bitcoin and Ether were associated with inflation and correction signals, and ETF outflows together with inflows to trading platforms, respectively.
BlockBeats reported on Oct. 19 that CryptoQuant founder and CEO Ki Young Ju said Hyperliquid token HYPE is currently the most bullish crypto asset when measured by analyst sentiment.
In his post, Ki said HYPE’s bullish deviation from analyst sentiment stands at about 2.3 standard deviations, the highest among the major assets listed. He said the bullish thesis is mainly tied to fee-driven buybacks supporting the rally, while no dominant bearish consensus has formed.
Under the same analyst sentiment measure, the assets ranked behind HYPE on the bullish side were BNB, SOL, Bitcoin, ADA, XRP, Ether and UNI.
For BNB, the bullish case points to expanding adoption in real-world payments and tokenized assets. For Bitcoin and Ether, the bearish side involved inflation and correction signals, and ETF outflows together with inflows to trading platforms, respectively.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
