I predict that by the end of May (May 31), $HYPE price will be in the $58 - $68 range, most likely around $62 - $65.

Reasoning analysis:

1. Current market situation
HYPE current price is about $61 - $63 (up 7-14% in the past 24 hours), just touching a historical high near $64, with a market cap of approximately $15-16 billion, platform TVL over $5.5 billion, and daily trading volume often exceeding $1 billion. The short-term momentum is strong, but it is already in an obvious overbought zone (high RSI), which could lead to profit-taking.

2. The influence of whale Loracle
Loracle's short positions have expanded to over $140 million (latest reports about $143 million), continuously increasing at high levels, with unrealized losses exceeding $31 million. This will create ongoing selling pressure and psychological suppression, especially in the $64-$70 range, which could trigger a pullback.
However, his position is essentially hedging (hedging his staked HYPE holdings), with a liquidation price relatively high (some above $69). If the price continues to surge, it could trigger a short squeeze, turning into upward momentum. Currently, his suppressive effect exists but is unlikely to completely reverse the fundamental trend.

3. Short-term time window is very narrow
Only 5-6 days left until the end of May, with a low probability of a major trend reversal. More likely is sideways consolidation at high levels: testing resistance around $65-$68 or pulling back to support at $58-$60. Overall crypto market sentiment and Bitcoin trends will also influence this.

4. Positive support factors
• Hyperliquid, as a high-performance perpetual contract Layer 1, has solid fundamentals (on-chain order book, institutional staking like a16z).
• Recent ETF rumors, high platform activity, and a YTD increase of over 140%.
• In a bull market environment, Layer 1 / DEX tokens tend to maintain strength.

Risk warning:
If Loracle continues large-scale shorting or the market pulls back, prices could quickly drop toward $55; conversely, breaking above $65 and stabilizing could push directly toward $70+ and trigger a squeeze.

Summary:
In the short term, the outlook is mainly bullish, but large swings are unlikely. The realistic landing zone is around $62-$65. What do you think?
This is only my personal market analysis, not investment advice. Cryptocurrency is highly volatile; please do your own research (DYOR) and manage risks.