Near, WLD, ZEC plunge after Hayes exit claims; WLD support at $0.40–$0.43
Near (NEAR), Worldcoin (WLD), Zcash (ZEC) and Hyperliquid (HYPE) saw sharp double-digit declines amid claims that Arthur Hayes exited positions. The report suggests retail traders may have bought at higher levels, then suffered during the ensuing correction.
Market data cited shows WLD down about 36% from a recent local peak, HYPE down ~25%, NEAR down over 41%, and ZEC down more than 61%. The trigger for renewed scrutiny is Hayes’s recent public commentary on major tokens and the subsequent price action.
For traders, the key focus is technical levels on WLD. After surging from roughly $0.24–$0.30 toward ~$0.55, WLD retraced sharply and is now watched around the $0.40–$0.43 demand/support band. Analysts say a strong daily close above this zone could improve the odds of a rebound.
If support holds, attention may return to the $0.48–$0.50 area, with ~$0.55 potentially retested if buyers regain control. Otherwise, a more decisive breakdown would likely extend the sell-off.
Keywords: NEAR, WLD, ZEC, HYPE, Worldcoin, Zcash, Arthur Hayes, support zone, volatility, technical analysis.
Bearish
The article frames the move as a bearish catalyst: reported “Hayes exit” plus renewed scrutiny after his public comments coincide with broad, steep drawdowns across NEAR, WLD, ZEC and HYPE. When multiple correlated tokens fall sharply together, it usually signals risk-off positioning and forced de-risking rather than isolated coin-specific weakness.
In the short term, traders are likely to trade WLD’s $0.40–$0.43 support aggressively (breakdown risk vs. bounce trades). Similar past events—high-profile commentary followed by follow-through selling—tend to increase volatility and widen intraday ranges, making confirmation (e.g., a daily close) more important than intraday spikes.
Longer term, the outcome depends on whether support can be reclaimed. If WLD holds and then retests higher levels ($0.48–$0.50, then ~$0.55), the market could transition from sell pressure to absorption. If it fails, the correction can deepen and sentiment may remain fragile, keeping flows bearish across altcoins correlated with the narrative around these tokens.