$HYPE is back on the trending board overnight, but this time it is sliding - down about 4.4% near $83.40 on over $1.2B in volume, slipping under that $85 level I had been watching. $BTC is softer too, down roughly 1.3% near $76,770, so it is not just one name giving back gains. Feels like traders are stepping back rather than piling in here. I am watching whether $HYPE steadies near $83; if it does, the trending crowd probably sticks around, but a slip under it could keep the pressure on. #Hyperliquid