HYPE and BTC correlation becomes strong, Joao Wedson notes

HYPE and BTC correlation becomes strong, Joao Wedson notes
HYPE and BTC show strong correlation

Joao Wedson observes that the correlation between HYPE and BTC has started to strengthen once more.

He comments that he previously anticipated the earlier trend would not last long, suggesting that his experience in the market remains relevant.

Wedson has previously warned that crypto on-chain analysts have become influenced by manipulated narratives in recent years. He has also highlighted the value of monitoring the Bitcoin to Ethereum exchange reserve ratio as a key signal for market performance. His latest comments follow a series of observations on shifting market signals and analyst behavior.

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