$HYPE is sliding harder than the majors tonight — down about 8% near $77.70 on over $1.3B in volume, and it's sitting at #2 on the trending board while it happens. $BTC is softer too, down roughly 5.5% near $76,000, but the perp names are taking the bigger hit. Losing $80 feels like the level that matters here; hold back above it and the trending crowd probably gives it another look, stay under and I'd expect the slide to keep dragging attention with it. #Hyperliquid