Quick Take
  • The Binance hack has shaken the crypto market, triggering a widespread selloff after the exchange reported roughly $6.3 billion in losses.
  • Yet three major altcoins remain surprisingly close to their all-time highs.
  • Hyperliquid (HYPE), LEO Token (LEO), and WhiteBIT Coin (WBT) are all within 17% of their previous records.
  • Technical analysis suggests HYPE has the strongest chance of reaching a new high.

What Happened

The Binance hack has shaken the crypto market, triggering a widespread selloff after the exchange reported roughly $6.3 billion in losses. Yet three major altcoins remain surprisingly close to their all-time highs.

Market Context

1. Hyperliquid (HYPE): Wall Street Deal Could Push Price Above $100

The token rallied following a deal between Intercontinental Exchange (ICE) and trade[XYZ], which operates perpetual futures markets on Hyperliquid.

The agreement could bring regulated US trading activity onto the network, subject to approval.

Its technical outlook is encouraging. HYPE reclaimed the important $85.19 level on October 29, accompanied by its highest trading volume since August. Its Relative Strength Index (RSI), which measures price momentum, has climbed to 65.

What the price analysis suggests:

LEO has also resisted the broader market weakness, trading at $9.46, just 9.3% below its $10.43 record.

The token broke out of a month-long trading range on October 29 after repeatedly finding support near $8.91.

Why It Matters

Technical analysis suggests HYPE has the strongest chance of reaching a new high. LEO is also showing bullish momentum, while WBT faces a crucial test that could determine its next move.

Bullish target: A daily close above 93–95 could push HYPE toward $97.99, followed by $104.

Bearish risk: Losing $85.19 could trigger a retreat toward $75.14.

LEO’s RSI has surged to 80, its highest since April. This indicates powerful buying momentum, although it also suggests the rally may be overheating.

Bullish target: A breakout above $9.60 could send LEO toward $9.80 and eventually its $10.43 ATH.

Bearish risk: Rejection near $9.49 could bring another decline toward $8.91.

WBT presents the riskiest outlook among the three.

Details

Hyperliquid (HYPE), LEO Token (LEO), and WhiteBIT Coin (WBT) are all within 17% of their previous records.

HYPE has emerged as one of the strongest performers during the selloff.

At $90.66, HYPE is just 7.4% below its September record of $97.99.

However, sellers have repeatedly emerged near $97.

2. LEO Token (LEO): Strong Rally Faces an Overheating Warning

But there is a warning sign.

The immediate obstacle is resistance around 9.49–9.60, where previous rallies have struggled.

What happens next?

3. WhiteBIT Coin (WBT): Can Buyers Stop the Decline?