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.
HYPE has surged 101% year to date, significantly outperforming Bitcoin, which is down 12% over the same period. This growth was fueled by record ETF inflows of $25.5 million in a single day, far exceeding the daily token burn of $1.4 million. The cum...
Zcash (ZEC) has experienced a dramatic 100% surge in trading volume, briefly pushing its price to around $680 before settling near $665. This surge places Zcash alongside Hyperliquid (HYPE) and Toncoin (TON) as some of the strongest assets in the cur...
A wallet linked to Grayscale has accumulated over $10 million in Hyperliquid's native token, HYPE, through major trading firms and OTC desks, driving a significant price rally. This institutional accumulation suggests strategic positioning rather tha...
Trading volume for HYPE ETFs from Bitwise and 21Shares surged 50%, bringing in $25.5 million in net inflows during one session, driven by strong institutional interest. The HYPE token soared 120% since January 1st, supported by a short squeeze after ...
Bitcoin trades around $77,801 with a modest 0.78% gain, while Ethereum remains near $2,134, reflecting a cautious crypto market influenced by macroeconomic factors like the dollar index, Treasury yields, and Federal Reserve policy expectations. The t...
