$HYPE : Dip or Dead Cat? ๐ฑ๐
Hyperliquidโs HYPE is sitting near $79 โ down ~7% on the week and ~15% on the month, lagging BTC, ETH and SOL. Retail sees red. Institutions may see a window.
Why the bulls are watching:
๐ Grayscaleโs HYPG fund quietly bought $7.8M of $HYPE in 20 days
๐ฅ Hyperliquid routes 97โ99% of protocol fees into HYPE buybacks + burns โ **$1.26B burned so far
๐๏ธ CFTC is working to bring Hyperliquid into the US compliantly
๐ฆ Ripple Prime now offers institutional access to 100+ Hyperliquid markets
๐ New testnet rule requires 10 HYPE delegation for priority order handling
The chart map:
๐ข $77 = key weekly support. Lose it, and $74 โ $69 opens up
๐ด $83.10 = first hurdle
๐ $88โ90 = buyers back in control
๐ฏ $92โ95, then $97โ100 = bigger resistance zones
The risks:
โ ๏ธ Team unlock: 3.75M HYPE (~$340M) hit on Oct 6
โ ๏ธ Weekly buyback burn cooled: ~155K HYPE vs ~287K prior week
โ ๏ธ Bounce not confirmed โ OI hasnโt fully flushed; a break under $75 weakens the structure
The setup: high-risk, high-reward tactical entry. Watch if $77 holds and whether HYPE can reclaim $83โ85. Thatโs the tell.
NFA. DYOR.
$HYPE #Hyperliquid
Hyperliquidโs HYPE is sitting near $79 โ down ~7% on the week and ~15% on the month, lagging BTC, ETH and SOL. Retail sees red. Institutions may see a window.
Why the bulls are watching:
๐ Grayscaleโs HYPG fund quietly bought $7.8M of $HYPE in 20 days
๐ฅ Hyperliquid routes 97โ99% of protocol fees into HYPE buybacks + burns โ **$1.26B burned so far
๐๏ธ CFTC is working to bring Hyperliquid into the US compliantly
๐ฆ Ripple Prime now offers institutional access to 100+ Hyperliquid markets
๐ New testnet rule requires 10 HYPE delegation for priority order handling
The chart map:
๐ข $77 = key weekly support. Lose it, and $74 โ $69 opens up
๐ด $83.10 = first hurdle
๐ $88โ90 = buyers back in control
๐ฏ $92โ95, then $97โ100 = bigger resistance zones
The risks:
โ ๏ธ Team unlock: 3.75M HYPE (~$340M) hit on Oct 6
โ ๏ธ Weekly buyback burn cooled: ~155K HYPE vs ~287K prior week
โ ๏ธ Bounce not confirmed โ OI hasnโt fully flushed; a break under $75 weakens the structure
The setup: high-risk, high-reward tactical entry. Watch if $77 holds and whether HYPE can reclaim $83โ85. Thatโs the tell.
NFA. DYOR.
$HYPE #Hyperliquid