Pendle Price Breaks Below $2? Arthur Hayes Flee Signals Bigger Drop Ahead

The cryptocurrency market retains its bullish outlook for the second half of September as Bitcoin rigorously attempts to reclaim $60,000. Along with most major altcoins, the Pendle price showcased a notable uptick during Monday’s trading session to hit a 50-day high of $3.68. However, this recovery is at risk amid bear pattern formation and selling pressure from large holders.