Bitcoin, Hyperliquid (HYPE) and Zcash (ZEC) are showing potential recovery signals after a sharp crypto market sell-off reportedly erased $70 billion in market value over 10 hours. Crypto analyst Ali Charts has identified new buy signals for all three assets, with their next moves depending on whether key support levels hold.
Bitcoin fell 2.80% after approaching $85,000, retreating toward $82,000. The TD Sequential indicator has now flashed a buy signal, suggesting the correction could be nearing its end.
BTC was trading near $82,800 in the latest figures provided. Meanwhile, US spot Bitcoin ETFs recorded approximately $528 million in net inflows on October 21, marking three consecutive sessions of positive flows.
If Bitcoin holds above $82,000, it could attempt to reclaim $85,000. However, renewed selling pressure could prevent a recovery.
Hyperliquid’s HYPE token dropped 4.22% after reaching a local high near $82. Ali Charts has since identified a buy signal on the hourly chart.
The analyst is watching $78 as the key support level. If buyers defend this price, HYPE could rebound toward $82 or higher. A break below $78 could weaken the recovery outlook.
Zcash declined 6.44% after reaching a local high around $1,350. Its TD Sequential indicator has now flashed a buy signal, pointing to a possible recovery.
Ali Charts identified $1,250 as the support level to watch. If ZEC stays above it, the price could climb toward $1,350. A drop below this level could expose the token to further losses.
US economic data and the Federal Reserve’s October 28 policy decision remain important factors for crypto prices. Investors are also watching preliminary US business activity data due October 23.
Bitcoin and Ethereum spot ETFs recorded net inflows of approximately $528 million and $15 million, respectively, on October 21. Continued institutional investment could support market demand, while persistent inflation or escalating geopolitical tensions could trigger further selling.
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