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$HYPE – Strong Uptrend Does Not Mean No Correction
Among the altcoins this year, $HYPE can be considered one of the strongest names in the market. The price continuously maintains a positive trend, and with just a slight correction, immediate buying pressure appears from both whales and retail investors. This indicates that interest in this project remains very high.
However, that does not mean the price will only go up.
My personal view remains unchanged: the area around $20 is the most worth considering for accumulation. Currently, many believe that HYPE will never return to that price level again. But the crypto market always repeats a familiar scenario: when prices are high, everyone believes they will go even higher.
The same thing happened with Bitcoin. When BTC was around $120,000, many people insisted they would never see $60,000 again. But when BTC actually dropped to $60,000, most of them didn’t dare to buy.
Additionally, it’s important to note a key factor: HYPE still has about 21.52% of its supply locked. Most of these tokens will be unlocked in the second half of 2026, meaning the market will have to absorb a significant amount of supply in the future.
If at that time BTC enters a weak cycle or the overall market declines, selling pressure from the unlocking tokens could significantly impact the HYPE price.
Therefore, although the short-term trend of HYPE remains very strong, in the long term, a deep correction is not impossible.
In the crypto market, the best opportunities often belong to those who patiently wait for the “golden price zone,” rather than rushing to buy out of emotion.