Would you dare to buy $HYPE at $63?

Just unlocked $580 million today, and the whole network is shouting "Massive selling pressure is coming." But what happened? The price didn't fall but rose, gaining 10% in 24 hours, with trading volume hitting $1 billion. Are you chasing the high out of FOMO, or waiting for the so-called "dump"?

First, look at the surface: bearish news is being spun as bullish, momentum like a rainbow.

In the past 24 hours, it’s up 9.6%, in 30 days up 55%, with a market cap of $14 billion, breaking into the top ten. Today’s $580 million unlock (4.16% of circulating supply), not only didn’t cause a crash, but the price jumped from 56.43 to 62.97 directly. All EMA are in bullish alignment, weekly chart broke through the 50-55 resistance zone, MACD shows a golden cross, and trading volume is expanding.

First thing: ETF and platform revenue form a closed-loop bloodsucking system.

Bitwise HYPE ETF attracted $55 million in a single week, with over $100 million in net inflows. Institutions don’t need to go on-chain to unlock tokens; they directly buy into the ETF.

Hyperliquid earned $54.2 million in fees yesterday—about $1.69 million daily, all used to buy back and burn HYPE.

Second thing: fundamentals have changed, it’s not just a simple perp DEX anymore.

Hyperliquid’s EVM-compatible layer HyperEVM is progressing, with the prediction market launching soon. Even ICE’s CEO publicly said it’s “bigger than Nasdaq.” Grayscale’s report calls it a “breakout success story.”

Now it’s seen as a high-performance Layer 1 + spot + perpetual + self-sustaining economy.

Third thing: a technical signal you must face.

Daily RSI is already at 71, weekly is in overbought territory. Short-term correction is needed, but the price just won’t fall—because every time it tries, ETF and burn funds support the price.

After today’s unlock, the price actually rose, indicating demand far exceeds supply.

On one side:

- ETF net inflows over $100 million, real institutional money

- Daily income of $54.2M, all used to buy back and burn

- 30-day increase of 55%, clear bullish trend

- Unlock absorbed by the market, demand is strong

On the other side:

- RSI short-term overbought (71), risk of correction

- Today’s $580 million unlock, actual selling pressure may lag

- ATH at $64.44 is close, a false breakout possible

- High-beta asset, will suffer more if BTC drops

Key level: $63, just 1.5 dollars below the previous high.

Resistance above: $64.44 (ATH) → $70 (psychological level) → $80-100

Support below: $58.3-60 → $55 (strong support, channel lower bound)

Short-term traders:

Wait for a pullback to the $58-60 zone before entering, with a stop loss at $57.5. First target: $64.44, take 30% profit. Break above that to look for $70. If volume breaks through and stabilizes above $64.5, can chase with a small position, stop at $63.

Swing traders:

Hold the core position, consider reducing if it falls below $55. Target $70-100, but use a trailing stop to protect profits. Don’t get shaken out by manipulation.

Long-term believers:

HYPE is one of the strongest Layer 1 narratives for 2026, similar to SOL in 2024-2025. Monthly dollar-cost averaging, ignore short-term volatility. Target market cap of $20-30 billion, corresponding to $70-100+ per token. But even the best assets should not exceed 30% of your total holdings.

HYPE now is like SOL at the start of 2024—

Everyone’s waiting for a “pullback to buy,” but it went from $20 to $40, then from $40 to $60, with no decent correction at all.

$63 HYPE, do you think it’s expensive?

When it hits $100, you’ll regret not buying during unlock day. #成长值抽奖赢金条 $BTC #WTI原油失守90美元 $ETH $HYPE