HYPE at $66, do you want to chase?

ETF attracted $50 million in the first week, 8 consecutive days of inflow with no outflows, once surged to $67.28 during trading, just 2% below the all-time high. But on June 6, 7.88 million HYPE tokens will be unlocked, worth 500 million USD. Large investors have already started small sell-offs on Coinbase.

First, look at the market: HYPE is performing “the loneliest show in a bull market.”

Up 18% in the past 7 days, 57% in 14 days, 65% in 30 days, easily doubling year-to-date. BTC is sideways at 73k, ETH is dead at 2000, but it alone has gained 5%. 24-hour trading volume is $1.4-1.5 billion, market cap has surged to around $16 billion, cracking the top 10. Others are waiting for the wind, it is the wind itself.

First thing: institutions are buying it as the “Crypto Nasdaq”

21Shares and Bitwise’s spot ETFs attracted over $50 million in the first week, 8 days of continuous net inflows, no outflows. Grayscale is still discussing HYPG Staking ETF. Adjusted for market cap, the inflow speed far surpasses early BTC/ETH ETFs.

Hyperliquid is no longer just a perpetual contract platform — spot, prediction markets, pre-IPO, stocks, commodities all on-chain.

Second thing: HIP-4 prediction market launched, directly competing with Polymarket

Launched on May 25, settlement is done directly by validators, no oracle needed. The first US May CPI has already seen over 10k trades. Future US Federal Reserve and macro events will all be on-chain.

Protocol revenue gets a big boost, and this market is even larger than perpetual contracts — politics, sports, macroeconomics, all incremental.

Third thing: technicals tell you “corrections are dad”

Daily/weekly charts have broken through the 60-62 sideways resistance, holding all EMAs, with EMA20/50/200 all trending upward. Fibonacci extension points to 64-68 have been reached, next targets are 70-75-80.

But in the short term, it’s definitely overheated — weekly RSI over 70, bearish divergence appears, price hits Bollinger upper band, MACD shows a golden cross but the bars are shortening.

Bull-bear showdown, you decide.

One side:

- ETF attracted $50 million in the first week, 8 consecutive days of gains

- Real revenue of $647 million/year, ongoing buybacks

- HIP-4 prediction market’s new growth flywheel

- Fully decoupled from BTC/ETH, strong and independent

The other side:

- 7.88 million tokens (worth $7.88M) unlocking on June 6, pressure

- Large investors already starting small sell-offs on Coinbase

- Weekly RSI bearish divergence, short-term overbought

- If BTC drops below 72k, HYPE could follow down 8-12%

Key level: $66, just one step away from ATH

Resistance above: $67.5-68.5 (hold above then push to 70-75-80)

Support below: $62-61 → $60.5 → $55-58 (last low-buy window of the year)

Aggressive players:

Buy heavily at current price or in the $61-63 correction zone, leverage 2-3x, target $72-75 (by end of June), stop-loss below $60.5.

Conservative players:

Hold spot + low leverage, build gradually, add more below $62, hold until $80+ before partial profit-taking.

Risk management:

- Reduce 10-20% before June 6 unlock to prevent flash crashes

- If BTC drops below 72k, HYPE likely follows, set trailing stop-loss in advance

- Keep position under 30% of total funds, save bullets for pullbacks

If it drops to $55-58, go all-in.

That’s the last low-buy window of the year.

HYPE is not a meme; it’s the most solid “cash flow monster” by 2026.

Still waiting for BTC rebound?

Others are already eating into HYPE. #成长值抽奖赢金条 #WTI原油失守90美元 $BTC $ETH $HYPE