In the midst of market panic, HYPE shows interesting resilience.

In an environment where the fear and greed index is only 26, HYPE rose against the trend by 1.89% to $44.67, a performance worth noting.
From trading data, the fluctuation range of $43.37-$45.46 is relatively mild, with a daily volatility of 4.82% indicating limited capital disagreement.
The key point is that the trading volume of 312 million USDT remains active, suggesting that even during market panic, there are funds willing to participate in HYPE.
On the technical side, the price has formed support around $44, only 1.8% below the 24-hour high of $45.46.
The BTC perpetual funding rate at -0.0081% is in a neutral zone, with no extreme short-selling sentiment, providing a relatively stable macro environment for HYPE.
Compared to other cryptocurrencies, which typically decline 2-5% when the fear index is at 26, HYPE’s ability to maintain positive returns at this time may be due to two reasons: either funds are seeking safe havens, or there are specific positive news supporting it.
From the volume-price relationship, the trading volume and price increase are well matched, with no abnormal signals of price rising on low volume or dropping on high volume.
This stable data structure is quite rare in the current market environment.
In the short term, it is necessary to observe whether it can break through this key resistance at $45.46.