Traders Cut Leverage, Buyers Chase Cashback, and Best Crypto Presale December

As HYPE trades below $25.00, attention across the crypto market is turning toward early-stage opportunities such as the Digitap ($TAP) presale, which has raised over $2.7 million despite a lack of bull market excitement. 

Hyperliquid (HYPE) has entered a bearish phase after a strong performance earlier this year. According to CoinMarketCap, HYPE peaked between $60 and $70 in mid-2025 but has since declined sharply amid the current bearish waves.

HYPE traders are now doing damage control and are parking their portfolios in safe havens that maintain value during bear markets. One coin leading the way is Digitap ($TAP) as its presale has logged multiple price increases during the October crash. 

Additionally, it has also raised over $2.7 million before its live Christmas promotion, which offers mega bonuses to new Digitap investors. That’s why it’s being increasingly touted as the best crypto presale in December.

HYPE Falls Below Its Rising Trendline

Following a strong market performance that saw HYPE peak between $60 and $70, HYPE’s price has dropped below its rising trendline. The most recent weekly candle is around $25.04, which marks an approximate 14% drop on the charts, suggesting growing selling pressures.

Notably, HYPE technicals further reinforce these sentiments. The altcoin has dropped below its Fibonacci support at both 0.382 and 0.5, areas that have prevented the Hyperliquid price from reversing. However, it’s above 0.236, which is the last level before a complete retracement.

If HYPE fails to maintain this level, it will drop towards the lower $20s or even pare off recent gains. Meanwhile, Hyperliquid faces upper band resistance at $35 and $45. Therefore, a pullback might become a correction but not a full recovery.

Additionally, momentum indicators also cement bearish waves. Its RSI is around 37, and does not reflect any form of a rebound. The MACD is also negative. 

Shorting Strategy Could Deliver Gains, But Investors Look Elsewhere

Despite its current performance, some analysts are still optimistic about HYPE. According to market expert Crypto Patel, shorting trades on HYPE could deliver gains. He claims that the price dropped from $50 to $22 using 5x leverage and gained profits. Patel highlights that now could be the right time to accumulate positions, but in a slow process for long-term success.

He added that investors shouldn’t buy large volumes. However, they should consider buying through dollar-cost averaging if HYPE prices reach $20 and $15 levels. According to Patel, prices could drop further since the market might move to lower levels before stabilizing. Therefore, his plan involves ensuring that gains from shorting are well-balanced, while preparing for price gains in the future. This means that short traders can reinvest, provided that the Hyperliquid price is within the accumulation range.

However, many risk-averse investors are seeking alternatives, with small-cap crypto presales becoming their favorites in the last few weeks. They are going for utility projects that offer fundamental value. This has caused some crypto presales to rally, including Digitap’s.

HYPE Holders Tout Digitap as The Best Crypto Presale for the Bear Market

Digitap has become a top crypto to buy in the bear market, due to its multi-channel payment rails. With Digitap, users can manage multi-currency accounts, fiat, cryptos, payments, and global transfers without switching apps or dealing with fragmented systems.

It aims to be the world’s first omnibank, offering a truly borderless banking experience. Those using the app (which is already live) will access:

•  An offshore bank account
• A multi-chain wallet 
• A Visa card

The platform instantly converts fiat payments into cryptocurrencies. There is also a transparent fee structure, so users know exactly how much they are paying. Since the platform acts as a neobank, it generates revenue regardless of market conditions.

Many consider it a hedge against the current bearish waves. Since the October crash, Digitap’s momentum soared, generating over $2.7 million. Additionally, the project has a total supply cap of 2 billion tokens.

Therefore, it protects its holders against selling pressures. Meanwhile, the $TAP team uses 50% of its revenue to buy and burn the token, which automatically reduces supply and generates buying pressure. 

That’s why many consider it the best crypto to buy now, as its presale model may be more dependable than speculative infrastructure.

Holiday Interest Builds Around $TAP as Digitap Launches Live Christmas Offers

Besides being the best crypto to buy now in the bear market, its Christmas promotion is also fueling presale accumulation. The platform has launched a 12-day Christmas offer, with a total of 24 special perks over the course of these days.  Each perk will be available for 12 hours and is only available for the first few Digitap users who manage to claim it. 

OVER $300K IN BONUSES, PRIZES, GIVEAWAYS. DIGITAP CHRISTMAS SALE IS LIVE

Currently, Digitap is selling at a discounted price of $0.0383 and is expected to rise in a few days.  With 10 more drops on the way, many are returning to the Digitap presale to claim as many bonuses as they can. Rewards vary, ranging from free $TAP tokens to premium and pro Digitap accounts. Round 3 is already 50% complete, which means the window to buy at the current price is closing soon.

Discover how Digitap is unifying cash and crypto by checking out their project here:

Presale: https://presale.digitap.app

Website: https://digitap.app 

Social: https://linktr.ee/digitap.app 

Win $250K: https://gleam.io/bfpzx/digitap-250000-giveaway

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.