Il Capo of Crypto’s Market Evaluation

Il Capo of Crypto, a notable figure in the cryptocurrency space, recently shared his market evaluations following recent developments.

Bitcoin Analysis

Although Bitcoin has shown some recovery, it has yet to break the critical $90,000 level. Il Capo mentioned his dissatisfaction with Bitcoin’s short-term price action, emphasizing the need for a clear break above $89,000 to confirm a bullish trend.

Altcoin Outlook

On the altcoin front, the analyst remains bullish in the short term but notes that further confirmation is necessary.

Near Protocol (NEAR)

Il Capo pointed out that Near Protocol’s price has rebounded well from a significant support level on its long-term chart, targeting a price of $4.5. Currently, NEAR trades at $2.98.

Hyperliquid (HYPE)

Regarding Hyperliquid, a trending altcoin, the analyst expresses a bearish outlook. He predicts that HYPE could rise to approximately $18 before declining to $10, with current trading at $14.26.

> This is not investment advice.