$HYPE / $BTC and $HYPE -- I think this is about a good of a place to bounce as any. If we don't hold, probably a bit lower as the market cools off for summer
- $HYPE / $BTC: retested prior highs perfectly. Confluence with the prior attempts in May / early June. Flipping this to support would be nice
- $HYPE : tagged the 1D 20 EMA which it has been holding, with multiple touches, since the breakout at $13. Price also tagged our uptrend memeline, which continues to hold in fairly vertical fashion
Lower than here and I think we wipe any remaining perp longs, $32, and if $BTC gets ugly, $28. I will say I think any flushes to these levels get bid back extremely quickly (too many people are still sidelined), and after, either consolidation (chop) or a an attempt to resume uptrend
Those are the three levels I am eyeing (HYPEBTC S/R flip + daily trend, $32 (prior ATH daily closes), and $28 (top of the long spring range which we broke out in extreme fashion, FVG gap if you will)
Price aside -- fundamentally, the path is as clear as it has ever been, and it feels market participants are finally starting to take notice. Try not to get shaken out along the ride
Hyperliquid


9.26K
94
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.