HYPE at $57—are you willing to bet on it?
First, on the surface: it fell from its ATH of 77 to 52, losing 32%, while retail investors panicked and shouted “going to zero.”
It rose 3-4% over the past 24 hours, rebounding strongly from the low of 52 and moving above the 20-day and 100-day EMAs. The candlesticks tell you this: the 56-58 area is where the uptrend line and EMA cluster converge, and it has held after multiple touches: the bottom is confirmed, and a breakout is imminent.
First point: U.S. regulators are coming to the table at the same time. This is not bearish—it is extremely bullish.
On August 12, Hyperliquid was in talks with the CFTC and SEC, seeking to allow regulated U.S. institutions to settle perpetual contracts through its public blockchain—not to open a platform for retail traders, but to connect infrastructure.
Previously, U.S. institutions wanting to trade perps could only go to CME, which had poor liquidity and limited product offerings. Now, Hyperliquid could become Wall Street’s on-chain clearing layer for derivatives.
While others are still avoiding regulators, HYPE is already having tea with them.
Second point: 97% of protocol revenue is used for buybacks. This is not a shitcoin—it is a money-printing machine.
Hyperliquid is the undisputed leader in on-chain perpetuals, with a leading market share and OI remaining high. HIP-3 allows anyone who stakes 50k HYPE to deploy a new market, while RWA perpetuals (stocks, commodities, and indices) continue to gain share.
The key point is that 97-99% of protocol revenue is used to buy back HYPE.
Third point: a signal has appeared on the technical chart that must be taken seriously.
It fell from 77 to 52, a decline of 32%, but 52 is support from the uptrend line in place since the beginning of the year, and it rebounded strongly after touching it. It is currently above the 20-day/100-day EMAs (56.1-56.6) and challenging the 50-day EMA at approximately 58.4.
But HYPE has already hit a wall at 58.4 three times. Will the fourth attempt break straight through, or will it be slammed back to 52 again?
The bulls and bears are battling it out—decide for yourself
On one side:
The CFTC and SEC are simultaneously discussing a regulatory framework, potentially opening an institutional channel
97% of protocol revenue is used for buybacks, providing sustained buying pressure
The spot ETF is already live, and compliant capital is flowing in
RWA perpetuals and HIP-3 staking are locking up supply, while the ecosystem continues to expand
On the other side:
It fell from 77 to 52, leaving heavy overhead supply
The team has monthly unlocks, with a relatively large release still due at the end of August
58.4 has failed three times, creating significant psychological pressure
If the macro environment turns hawkish, high-beta coins will be hit first
Key levels
Upside resistance: 57.5-58.4 (50 EMA + key level) → 60-62 → 65-68 → 70+
Downside support: 56-56.5 (EMA cluster) → 53-54 → 50-52 (ironclad floor)
Trading strategy
For short-term traders:
Scale into longs in the 56.5-57.5 range, set a stop-loss at 54, and take half off at the first target of 58.5-60. Chase longs after a high-volume breakout above 58.4, set a stop-loss at 56.5, and target 62-65.
For swing traders:
Wait for a daily close firmly above 58.4 before entering on confirmation, and use a trailing take-profit to hold for a target of 70+ (if regulation is implemented). Reduce exposure or hedge before the unlock window at the end of August.
For long-term believers:
Dollar-cost average in batches within the strong support zone of 50-55. Hyperliquid is the only asset in the perp sector with both a regulatory narrative and genuine revenue-funded buybacks. The target for the end of 2026 is 100+, betting on CFTC guidance being implemented and an explosion in RWA derivatives.
HYPE now looks just like SOL in 2023—
99% of people think it is “finished after falling from 77,” but institutional capital quietly enters, and once the regulatory green light comes, it doubles directly.
On the day 58.4 breaks through, you will realize:
It was not that HYPE was weak—it was that you sold at the bottom every time.
What is your HYPE cost basis?
At 57, do you dare bet on a regulatory bull run?#GateLaunchpool瓜分141万枚DOS #Gate多项交易指标全球Top4 #我的七夕交易分享 $BTC $SOL $HYPE
