‍#HYPE再度领涨

Reaching a new all-time high of 62.6, HYPE has become the first token in this bear market to not hit new lows but instead reach a new high in history, soaring 134% this year and directly trending on crypto “hot searches.” As of press time, HYPE has pulled back quite a bit from its peak, currently at 55.3. I believe this price still presents a short-term buying opportunity!

👉From a technical perspective, the price formed a double top on the 4-hour chart, and after falling back to the middle band of the Bollinger Bands, it found brief support; on the daily chart, the price coincidentally retraced to near the 5-day moving average, where a double bottom resonance could trigger a rebound. Looking at the RSI and KDJ indicators, the previously overbought sentiment has been somewhat corrected, the MACD histogram is gradually shrinking, and there is still momentum for a short-term rebound.

👉From a fundamental perspective, as the leader in the DEX Perp sector, Hyperliquid accounts for about 70% of the on-chain perpetual futures trading volume, and the launch of HyperEVM mainnet introduces Ethereum compatibility, significantly expanding ecosystem possibilities. The platform’s daily trading volume often exceeds $1 billion, providing real value support for HYPE through transaction fees. Additionally, this recent surge appears to be driven by institutional funds, with the HYPE ETF listed in the U.S. attracting nearly $25 million in daily inflows, while Bitcoin and Ethereum ETFs saw net outflows during the same period.

📊Given the current price, I have no hesitation in going long. My opening plan is as follows:

Direction: Long

Leverage: 30x

Position: 25%

Entry point: 55

Take profit target: 58

Stop loss: 53.9

What do you think about HYPE? Will you join me in going long? Feel free to leave a comment and chat!