Hyperliquid’s on-chain perpetuals market share has surpassed 56%, cumulative protocol revenue has topped $1.4 billion, and buybacks have poured $1.26 billion into $HYPE .
With numbers like these elsewhere, the price would have already shot through the roof. Yet $HYPE is still down 1.68% today, at 84.07.
Money is piling in, but the market price shows no premium. Rather than guess, it’s better to see whether the buybacks can withstand the selling pressure.
For a bullish signal, look for a high-volume breakout above the previous high. If things turn bearish, watch out for a break below key support. Until a signal appears, there’s no shame in waiting on the sidelines.
If you hold $HYPE , type 1 to add to your position or 2 to wait and see. Your choice.
#Write2Earn #BinanceSquare #HYPE Futures #TradingTournament
With numbers like these elsewhere, the price would have already shot through the roof. Yet $HYPE is still down 1.68% today, at 84.07.
Money is piling in, but the market price shows no premium. Rather than guess, it’s better to see whether the buybacks can withstand the selling pressure.
For a bullish signal, look for a high-volume breakout above the previous high. If things turn bearish, watch out for a break below key support. Until a signal appears, there’s no shame in waiting on the sidelines.
If you hold $HYPE , type 1 to add to your position or 2 to wait and see. Your choice.
#Write2Earn #BinanceSquare #HYPE Futures #TradingTournament