
Hyperliquid (HYPE) has seen a 111% increase in futures flow, indicating a surge in speculative interest. Despite this, the price is stabilizing around $40-$41, testing its rising trendline but facing resistance near $44-$46. The market shows volatility with mixed inflows and outflows, suggesting a transitional phase rather than a clear trend. Investors should watch the $39-$40 support zone and potential moves toward $36 or $45 depending on price action.