The Hyperliquid (HYPE) token has surged nearly 50% in May, approaching a critical resistance level around $60 that previously led to a 65% price drop. Technical indicators like an overbought RSI near 79 and repeated rejections at this resistance suggest a potential pullback. A massive short squeeze has driven the recent rally, but once vulnerable short positions clear, the price may reverse sharply. If HYPE fails to break above $60-$70, a correction toward $50 or lower is likely, while a break above could push prices toward $84. Meanwhile, ETF inflows and whale activity indicate strong demand but also raise caution about late-cycle buying near resistance.
Crypto markets gained momentum following the release of CPI data showing a 2.7% year-over-year increase, which aligned with forecasts and raised expectations of a Federal Reserve rate cut. Concurrently, the SEC held discussions with Hyperliquid, a de...
Bitcoin ETFs have experienced significant outflows totaling over $8.2 billion, while Hyperliquid, a decentralized derivatives exchange launched in 2024, has attracted $172 million in inflows into its HYPE spot ETFs since mid-May 2026. The HYPE token ...
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
Recent whale wallet activity shows a shift toward accumulating Bitcoin rather than selling, supported by a 3.25% price increase to $64,514 and Ethereum's 5.04% gain. Reduced outflows from exchanges and steady miner behavior indicate holders are movin...
Four large investors, known as whales, have collectively bought $89,500 worth of Hyperliquid's native token $HYPE within six hours, indicating strong interest and possible coordinated optimism. This activity occurs as $HYPE trades between $63 and $68...
