{"id":102915,"date":"2025-10-08T02:00:03","date_gmt":"2025-10-08T02:00:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102915"},"modified":"2025-10-08T02:00:03","modified_gmt":"2025-10-08T02:00:03","slug":"hyperliquid-hype-drops-6-to-45-but-analysts-say-a-55-60-rebound-may-be-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102915","title":{"rendered":"Hyperliquid (HYPE) Drops 6% to $45, But Analysts Say a $55\u2013$60 Rebound May Be Next"},"content":{"rendered":"

Hyperliquid (HYPE) extended its pullback for a fifth straight session on Tuesday, sliding about 6% intraday to the $45\u2013$46 zone after a sharp rejection at a reclaimed trendline.<\/p>\n

While near-term momentum has flipped bearish, several on-chain and market-structure cues still point to a potential rebound toward $55\u2013$60 if buyers can quickly stabilize the price above key supports.<\/p>\n

Derivatives Tilt Bearish, but Spot Holds the Line<\/strong><\/h2>\n

Futures positioning has swung defensively, and according to Coinglass<\/a>, the long-to-short ratio slipped to 0.80, its lowest in over a month, signaling traders are leaning short into weakness.<\/p>\n

Momentum indicators echo the caution, daily RSI near 45 sits below the neutral 50 line, and MACD registered a bearish cross, both consistent with cooling trend strength.<\/p>\n

Technically, HYPE failed a back-test of a broken ascending trendline and bled nearly 7% from Friday to Monday, with charts flagging $39\u2013$40 as the next major support if selling accelerates. On the upside, $51\u2013$52 is first resistance, where bulls likely meet clustered supply from recent breakdown levels.<\/p>\n

Why Hyperliquid (HYPE) Bulls Still See $55\u2013$60 on the Table<\/strong><\/h2>\n

Despite the red prints, spot activity remains constructive. Hyperliquid has been defending the mid-$40s repeatedly, and prior consolidations above $45\u2013$47 have preceded strong continuation moves.<\/p>\n\n

Under the hood, token staking north of 660,000 HYPE<\/a> ($30million) plus systematic buybacks are reducing circulating supply, creating a supportive backdrop when demand returns.<\/p>\n

Meanwhile, protocol fee revenue around $3million\/day underscores durable usage even as new perp-DEX competitors court volume with incentives. Community and analyst \u201cfair-value\u201d chatter continues to cluster around $55\u2013$60, suggesting sentiment will likely flip quickly if price reclaims the short-term breakdown area.<\/p>\n

Price Levels and Trade Map for the Week<\/strong><\/h2>\n

The immediate trading point sits in $44\u2013$49. A daily close back above $49 would neutralize the breakdown and open $52, then $55\u2013$60 as momentum targets. Failure to hold $46\u2013$47 invites a retest of $44, with a deeper flush risking the $39\u2013$40 demand zone where dip-buyers may step in.<\/p>\n

Market internals to watch: if funding stays orderly, liquidations remain contained, and spot-led buying outpaces leveraged shorts, the probability of a V-shaped recovery rises.<\/p>\n

Macro context matters too. Perp-DEX market share is expanding industry-wide, and while rivals (e.g., Aster) have temporarily siphoned volumes, Hyperliquid still commands strong open interest and fee traction, key indicators of stickier liquidity.<\/p>\n

Cover image from ChatGPT, HYPEUSD chart from Tradingview<\/p>","protected":false},"excerpt":{"rendered":"

Hyperliquid (HYPE) extended its pullback for a fifth straight session on Tuesday, sliding about 6% intraday to the $45\u2013$46 zone after a sharp rejection at a reclaimed trendline. While near-term momentum has flipped bearish, several on-chain and market-structure cues still point to a potential rebound toward $55\u2013$60 if buyers can quickly stabilize the price above […]<\/p>\n","protected":false},"author":0,"featured_media":102916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-102915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102915"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102915"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/102916"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}