An Elliott Wave interpretation suggests that the correction may have completed near this zone, leaving room for another advance if Hyperliquid can maintain a sequence of higher highs and higher lows. The setup remains conditional rather than confirmed. A recovery above the recent resistance levels would strengthen the bullish case, while a sustained break below…
Recent price action has pushed HYPE toward a multi-month descending resistance line, while short-term indicators have improved from lower levels. The setup has attracted attention because HYPE recently moved through a previous local high near $56.14 without a significant pullback. Technical analysis shared by trader flipondip described the move as a reversal and “trend change to…
A large Ethereum short on Hyperliquid is giving the market another glimpse of how serious capital is starting to use decentralized derivatives venues, not just centralized exchanges and OTC desks. The position, tracked through the Hyperliquid explorer at wallet address `0x7fdafde5cfb5465924316eced2d3715494c517d1`, is sized at roughly $67 million against ETH. The wallet is labelled on-chain as…
Hyperliquid (HYPE) is consolidating after a strong multi-month advance, with technical analysts pointing to a key support zone around the 200-period Exponential Moving Average (EMA) as the next test for bullish momentum. While the Hyperliquid price pulled back from recent highs near $76–$77, several market observers argue that the retracement remains constructive as long as…
TL;DR On-chain records were reported as showing Machi Big Brother liquidating BAYC-related assets to defend leveraged ETH exposure. The discovery pack described the activity as linked to Hyperliquid ETH long positions. Risk note: Do not speculate on personal finances or make claims beyond visible wallet and position data. https://x.com/AlexBayarchyk/status/2071105539686158804 Loading Tweet… View original post on…
After weeks of consolidation and a sharp pullback from record highs, Hyperliquid's native token is showing renewed strength. Hyperliquid climbed nearly 8% over the past 24 hours, reclaiming a key support zone and reigniting discussions about whether the asset can challenge its previous all-time high near $75. The latest rally comes as technical indicators continue to…
The Hyperliquid Policy Center (HPC), together with venture capital firm Paradigm, submitted a joint comment to the US Treasury on Tuesday, urging the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) to refine parts of its proposed stablecoin compliance rule tied to the GENIUS Act. The rule is intended to…
Citrini Research has singled out Hyperliquid’s HYPE token as a crypto asset with a cash-flow profile that separates it from what the firm calls the “memetic majority” of the market. In its June 2026 “State of the Themes” report, the research firm argued that HYPE’s fee-driven buyback structure, expanding Assistance Fund and emerging ETF narrative…
Hyperliquid (HYPE) is showing mixed technical signals after a sharp pullback from recent highs, with traders now closely watching whether the ongoing correction is losing momentum or preparing for a reversal. The token has retreated from its previous rally, but a developing falling wedge pattern is raising cautious optimism for a potential recovery toward the…
Crypto markets endured further pressure this week as the sell-off spread to some of the industry’s largest digital asset treasuries (DATs). As of Friday, Bitcoin (BTC) had slipped back below $60,000 for the first time since 2024, Ethereum (ETH) was trading around $1,550, and Hyperliquid (HYPE) was near $57. While the declines weighed on the…