The largest BNB short position holder on Hyperliquid has lost $2.54 million

- FF surged 64.26% in 24 hours and 5158.32% over seven days, contrasting a 3329.48% 30-day drop and 5404.79% YTD decline. - Analysts note short-term sentiment reversal but emphasize long-term fundamentals remain critical for sustaining growth. - Technical analysis shows key support retests and overbought indicators, suggesting potential short-term pullbacks if momentum stalls. - A backtesting hypothesis proposes evaluating 5-20 day post-surge performance to assess historical patterns of sustained gains or

- ZKC plummeted 94.74% in 24 hours to $0.1887, contrasting with a 31.98% 7-day rebound. - Long-term trends show 5,685.47% and 7,997.02% declines over 30 days and one year, driven by liquidity constraints and short-term trading. - Technical analysis reveals sharp 3-5 day momentum spikes post-5% gains, with 55-66% win rates, but fading predictive power beyond one week. - Backtests confirm 41 instances since 2022 where 3-5 day holding strategies captured peak excess returns, avoiding prolonged drift risks.