$HYPE
Official has just announced the launch of Manual Borrows. With HYPE/BTC as collateral, you can borrow USDC/USDT—and on the very first day, 269 million were borrowed. Combined with yesterday’s SEC Innovation Exemption and other positive catalysts like NEAR confidential perpetuals, capital pushed the price directly from the low end all the way to a new high of 92.766.
After starting around 86, the chart showed a classic stair-step rally. Pullbacks in the middle were brief and shallow, while volume noticeably increased in the latter half. After reaching 92.766, there was a small dip; the price is currently consolidating around 91.5 to digest gains. Overall, it’s still clearly a strong structure at elevated levels, and the key uptrend momentum hasn’t been broken. The 24h low at 81.666 is now a long way behind. In the short term, what matters most is whether this high-level consolidation turns into a launchpad for a continuation upward.
Right now, volume has eased a bit from the peak—this is normal. If it can hold steady around 90.5–91, it will likely attempt the highs again. But if it breaks below 90 on increased volume, short-term sentiment will cool off significantly.
My personal strategy: go long
Entry: buy in batches on the pullback between 90.2–90.8
Stop loss: 88
Take profit: first target 96.5–97, second target 105–106
Note: In high-level markets, fake breakouts followed by pullbacks are common. Don’t deploy your full position at once—scaling in is better. If it directly breaks down through 89.2 with heavy volume, then consider adjusting your plan.
Official has just announced the launch of Manual Borrows. With HYPE/BTC as collateral, you can borrow USDC/USDT—and on the very first day, 269 million were borrowed. Combined with yesterday’s SEC Innovation Exemption and other positive catalysts like NEAR confidential perpetuals, capital pushed the price directly from the low end all the way to a new high of 92.766.
After starting around 86, the chart showed a classic stair-step rally. Pullbacks in the middle were brief and shallow, while volume noticeably increased in the latter half. After reaching 92.766, there was a small dip; the price is currently consolidating around 91.5 to digest gains. Overall, it’s still clearly a strong structure at elevated levels, and the key uptrend momentum hasn’t been broken. The 24h low at 81.666 is now a long way behind. In the short term, what matters most is whether this high-level consolidation turns into a launchpad for a continuation upward.
Right now, volume has eased a bit from the peak—this is normal. If it can hold steady around 90.5–91, it will likely attempt the highs again. But if it breaks below 90 on increased volume, short-term sentiment will cool off significantly.
My personal strategy: go long
Entry: buy in batches on the pullback between 90.2–90.8
Stop loss: 88
Take profit: first target 96.5–97, second target 105–106
Note: In high-level markets, fake breakouts followed by pullbacks are common. Don’t deploy your full position at once—scaling in is better. If it directly breaks down through 89.2 with heavy volume, then consider adjusting your plan.