Bitcoin stabilizes at $120,000, signaling an "alt season" as pre-sales for Bitcoin L2 Hyper surpass $9 million.

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(This is a sponsored article written and provided by ClickOut, which does not represent the position of BlockTempo. This article involves meme tokens that may have extremely high volatility risks, and is not investment advice. Please refer to the disclaimer at the end of the article.)

BTC, after experiencing a short-term pullback, has once again stabilized above the $120,000 mark, currently trading at $120,024, with a slight daily increase of 0.07%. This rebound not only reflects the restart of bullish technical momentum but also combines with the warming expectation of September interest rate cuts, injecting new funding dynamics into the entire crypto market.

As market sentiment turns warmer, signs of the Altcoin season are becoming increasingly apparent, with the most eye-catching being the potential Altcoin that has already sold 9 million dollars in the pre-sale phase —— Bitcoin Hyper ($HYPER).

Technical and Macro Dual Engines

From a technical trend perspective, BTC has rebounded from its low point of $98,188 and touched a high of $123,226 in mid-month. After pulling back to test the MA10 support ($114,758) and stabilizing, it returned above the MA5 ($117,093) yesterday, indicating that short-term bullish funds are gathering again.

Medium-term moving averages like MA20 ($110,491) and MA30 ($102,998) continue to rise, with the distance from MA60 ($97,651) expanding, meaning the medium-term trend remains stable. If it can effectively break through the previous high, it may challenge $126,000 or even $130,000.

On the macro front, the U.S. July CPI data was lower than market expectations, pushing up the probability of September interest rate cuts. The dollar index fell, market risk appetite warmed up, and funds flowed back to high-volatility markets like crypto assets. Lower interest rates mean reduced funding costs and increased liquidity, providing support for BTC and the entire crypto market, and bringing momentum to the Altcoin sector.

Signal of Altcoin Season Opening

When BTC is oscillating at high levels, fund market share often shifts from BTC to Altcoins with explosive potential. Currently, ETH is rising faster than BTC, which is typically seen as a signal of the Altcoin season. Meanwhile, on-chain activity and trading volume have rebounded, with participation in DeFi, Non-Fungible Tokens, and emerging Layer 2 projects notably increasing, indicating that market funds are seeking higher-return targets.

In this context, Bitcoin Hyper ($HYPER) has become a star this summer. The official statement indicates that HYPER has raised 9 million dollars in pre-sale, attracting over $250,000 in inflow in just the past 24 hours.

Bitcoin Hyper is the first Bitcoin Layer 2 network built on the Solana Virtual Machine (SVM), combining Bitcoin's security with Solana's high performance, solving traditional Bitcoin's bottlenecks in transaction speed and cost, and expanding to multiple application areas like DeFi, gaming, payment, and Non-Fungible Tokens.

Bitcoin Hyper Technology

Technically, HYPER uses a non-custodial bridging system where BTC is locked on the underlying chain when used in Layer 2 and equivalent wrapped BTC is issued, with almost zero transaction fees and instant confirmation. Upon completion of use, the wrapped BTC is destroyed and the original assets are returned, balancing security and efficiency.

Project data shows a fixed total token supply of 21 billion, with 30% for development, 30% for financing, 25% for market promotion, no additional issuance mechanism, and a burning mechanism. The HYPER token is the core of the entire ecosystem, handling transaction execution, governance, and staking functions, with a current staking annual yield of 241%.

The official indicates that the mainnet is planned to launch in the third quarter of 2025, with a current pre-sale price of $0.012675, which is quite attractive to early participants. Some analysts believe HYPER has a growth potential of 10 times or more and could be a standout project in the 2025 summer Altcoin season.

If BTC breaks through $123,226 with volume, it will open an upward channel to $130,000, and with the macro support of interest rate cut expectations, funds will accelerate towards the Altcoin market. New coins like Bitcoin Hyper with technological innovation and market narrative have the opportunity to become a major winner in fund rotation.

As the Altcoin season further unfolds, combined with BTC's strength and abundant market liquidity, the possibility of breaking $140,000 in September is gradually increasing.

Official Website to Purchase Bitcoin Hyper

Conclusion

The upward movement of BTC and expectations of interest rate cuts are driving the crypto market into a new active period. The high-volatility BTC and capital rotation effect are creating an excellent stage for Altcoins. Bitcoin Hyper, with its impressive $9 million pre-sale performance and Layer 2 innovative positioning, is poised to take center stage in this feast and become the dark horse of this Altcoin season.

Disclaimer

Cryptocurrency investments are high-risk, with significant price volatility that may lead to financial losses. This article is for reference only and does not constitute investment advice. Please conduct your own research (DYOR) and make decisions cautiously.


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