Hyperliquid (HYPE): daily brief · Nov 7, 2026
Technicals
Price is just above the 100-day EMA ($78.10) and below the 20/50-day EMAs ($82.3–82.5) and the 50-day SMA ($85.6). The 200-day is ~$67.8–69.
Daily RSI is ~42 and Stochastic ~23.
Resistance: $82.3–82.7 · $85.0–85.6 · $88.3–88.8 · $97.84
Support: $75.4–76 · $74.36 · $67.6–68.5 · $61.16
Fundamentals and on-chain
Buybacks: 21,040 HYPE (~$1.66M, average $78.90) bought back and burned in 24h (Onchain Lens). The Assistance Fund holds 48.72M HYPE.
Revenue: $2.72M on Nov 5. The 30-day average is $2.30M per day, ~5% below the prior 30 days.
Platform open interest: ~$10.1B (CryptoTicker). The HYPE perp alone is ~22.2M HYPE (~$1.7B).
Binance: HYPE withdrawals have been frozen for 8+ days after the ~$6.3B hack; deposits still work. Binance says they should resume “by end of next week” (~Nov 13–14). U.Today warns volatility could rise when they do.
ETFs: −$7.96M on Nov 6, the third outflow day in a row. Net assets are $374M.
Unlock: next one on Dec 6.
Derivatives: HYPE OI is $3.56B. 24h liquidations are only ~$0.8M. Funding was positive all week (~11% annualized; latest data from Nov 6).
Top news
Binance sets a timeline to reopen HYPE withdrawals.
Uniswap confirms V4 Hooks support on Elysium, whose mainnet is due Nov 9.
Buybacks burned 21K HYPE in 24h.
Santiment: four whales took ~$5M in profit.
Forecasts
🟢 Bullish: $82.7–88 on a daily close above $82.68, which targets $88.29 (CoinGabbar).
⚪ Base: $75.4–82.7, a range while buybacks absorb supply.
🔴 Bearish: $67.6–68.5 on a break below $75.35 (CoinGabbar).
Analysts: CryptoTicker calls the buybacks “a brake, not a reversal”. FXStreet/TMGM see a recovery only above $82.3–82.5.
Upcoming events
Mon Nov 9, 02:00: weekly close
Mon Nov 9: Elysium L2 mainnet
Tue Nov 10, 15:30: US CPI
~Fri Nov 13–Sat Nov 14: Binance HYPE withdrawals expected to reopen
Can HYPE build on $79 before withdrawals reopen around Nov 13–14?
Market overview, not investment advice.