Hyperliquid (HYPE) Drops 6% to $45, But Analysts Say a $55–$60 Rebound May Be...
Hyperliquid (HYPE) extended its pullback for a fifth straight session on Tuesday, sliding about 6% intraday to the $45–$46 zone after a sharp rejection at a reclaimed trendline. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 While near-term momentum has flipped bearish, several on-chain and market-structure cues still point to a potential rebound toward $55–$60 if buyers can quickly stabilize the price above key supports. Derivatives Tilt Bearish, but Spot Holds the Line Futures positioning has swung defensively, and according to Coinglass, the....
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Bullish sentiment towards Hyperliquid is again on the rise, with crypto whales accumulating the perp DEX token. The first HYPE ETF in the U.S. could launch soon, which is also contributing to this bullish sentiment. Why Bullish Sentiment Towards Hyperliquid Is On The Rise Crypto whales are again massively accumulating Hyperliquid, which has sparked the bullish sentiment towards the perp DEX token. In an X post, on-chain analytics platform Lookonchain revealed that BitMEX co-founder Arthur Hayes bought 26,022 HYPE, worth $1.1 million again, after nearly 3 months. Related Reading: Here’s....
Michael Nadeau, founder of The DeFi Report, says he remains bullish on Hyperliquid over the long run, but argues the latest move in HYPE looks mistimed. In a post on X, he said the market is leaning too hard into the bullish narrative just as on-chain activity and positioning data begin to soften. Nadeau’s central point is not that Hyperliquid is broken. It is that the recent strength in HYPE may have outrun what the underlying data currently supports. “I’m a fan of both @Globalflows and HYPE, but think he’s early here,” Nadeau wrote. He added that HYPE had “been strong in the bear market....
Hyperliquid (HYPE) has had a turbulent week as the broader altcoin market faces intense selling pressure. After weeks of steady growth, the token is now testing key support levels, with bulls struggling to regain control. Despite the ongoing correction across the crypto landscape, sentiment around Hyperliquid remains mixed — while traders brace for more downside, some optimistic analysts see potential for recovery in the coming weeks. Related Reading: The Bitcoin OG Is Back – Opens Massive Short After $30M USDC Deposit According to fresh data from CryptoQuant, whales are going long on....
On Wednesday, 21Shares, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), submitted a regulatory filing with the US Securities and Exchange Commission (SEC), seeking approval to launch a passive Hyperliquid ETF designed to track the price of the HYPE token. 21Shares’ Passive Hyperliquid ETF Passive exchange-traded funds, like the one proposed by 21Shares, are […]
Hyperliquid (HYPE) is slowly approaching a decisive governance moment as analysts and market participants reassess the protocol’s long-term outlook against the backdrop of a proposed large-scale HYPE token burn. Related Reading: Here Are The Meme Coins With Over 100% Rallies While Dogecoin And Shiba Inu Struggle After months of declining prices and heightened volatility across […]