Top Trending Altcoins Today: AITECH, HYPE, and Sonic Amid Market Downturn

Altcoins in Focus: AITECH, HYPE, and Sonic Stand Out as Crypto Market Declines

The cryptocurrency market continues to face pressure, with total market capitalization falling by 3% today, April 9. Amid widespread liquidations and growing volatility, several altcoins have bucked the trend—or at least attracted attention—as investors seek opportunities in a turbulent environment. Three names making headlines today are Solidus Ai Tech (AITECH), Hyperliquid (HYPE), and Sonic (S).

Solidus Ai Tech (AITECH): Deflationary AI Token Under Pressure

Solidus Ai Tech, positioning itself as the world's first deflationary AI utility token, is seeing increased search interest despite a dip in price. Currently trading at $0.019, AITECH has lost about 9% over the past 24 hours, largely in line with broader market sentiment.

From a technical perspective, the Chaikin Money Flow (CMF) indicator for AITECH is in negative territory, sitting at -0.33, suggesting that selling pressure is outweighing buying interest. If this bearish momentum persists, analysts project a potential price drop toward $0.014. However, should demand pick up, a reversal could drive AITECH’s value back up toward $0.029.

Hyperliquid (HYPE): Standing Strong Amid Broader Sell-Off

One of today’s standout performers is Hyperliquid (HYPE), a Layer-1 blockchain token that has gained 3% in the past 24 hours, defying the broader market trend. This resilience is supported by a strong Balance of Power (BoP) indicator reading of 0.79, which typically signals that buyers currently dominate the market.

If this bullish sentiment continues, HYPE could test its next resistance level at $12.38, with the possibility of reaching $14.66. On the flip side, a shift toward profit-taking could lead to a pullback to around $9.32.

Sonic (S): Declining Volume Hints at Weakening Interest

Meanwhile, Sonic (S) hasn’t fared as well. The token has slipped 5% in the last 24 hours, accompanied by a notable 43% drop in trading volume. This decline in both price and volume often signals reduced investor confidence and momentum.

If this weakening trend continues, S could slide further to $0.31. However, a reversal in trader sentiment and renewed demand could lift the price past $0.41, potentially targeting $0.48 in the short term.