{"id":247096,"date":"2026-11-03T15:05:43","date_gmt":"2026-11-03T15:05:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=247096"},"modified":"2026-11-03T15:05:43","modified_gmt":"2026-11-03T15:05:43","slug":"hyperliquid-hype-risks-a-30-price-crash-what-can-prevent-the-collapse","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=247096","title":{"rendered":"Hyperliquid (HYPE) Risks a 30% Price Crash: What Can Prevent the Collapse?"},"content":{"rendered":"

The cryptocurrency market was hit hard by the recent $6.3 billion Binance hack, yet Hyperliquid\u2019s native token defied the broader pullback and posted a nearly 10% gain over the past week.<\/p>\n

However, one popular analyst warned that the asset could soon nosedive by double digits, while a key factor supports the bearish scenario.<\/p>\n

Drop Below $60 Incoming?<\/h2>\n

As of press time, HYPE is changing hands just below $85, down from the local peak of about $96 recorded before the Binance incident. Nonetheless, it remains firmly in the green on both the weekly and fortnightly timeframes.<\/p>\n

According<\/a> to Ali Martinez, though, the asset is forming a potential head-and-shoulders top on the 12-hour chart, pointing to a possible 22% correction. He went even further, suggesting that a sustained close below the $76-$78 neckline could be followed by a crash toward a 10-week low of $59.<\/p>\n

The analyst believes a recovery above the right shoulder\u2019s high of the structure, at near $90, would weaken the bearish setup. \u201cThe pattern isn\u2019t confirmed until Hyperliquid breaks support. A bounce from $76\u2013$78 could keep the formation from playing out,\u201d he added.<\/p>\n

FOUR | Crypto Spaces also presented a pessimistic view. The analyst warned<\/a> that the recent weakness has tilted the balance in favor of the bears, arguing that a drop below $77 could trigger a collapse toward $60.<\/p>\n

Token Talk, for their part, claimed<\/a> HYPE has reached a critical juncture, identifying the $76-$77 range as a key support zone bulls need to defend.<\/p>\n

\u201cIf we keep bouncing between these levels, cool. But if support finally gives up, I don\u2019t think the downside is going to be pretty,\u201d they stated.<\/p>\n

The Red Signal<\/h2>\n

According to CoinGlass, HYPE has recorded positive exchange netflows for six consecutive days, indicating that more tokens have been moved to centralized platforms than withdrawn to self-custody wallets. This development is typically interpreted as bearish since it increases immediate selling pressure.<\/p>\n

<\/a>HYPE Exchange Netflow, Source: CoinGlass<\/p>\n

Exchange netflows have been a hot topic lately. Somewhat expected, the $6.3 billion Binance hack<\/a> undermined the credibility of the world\u2019s leading crypto exchange and led to massive outflows. Once withdrawals were restored, users pulled<\/a> nearly $4.65 billion from the platform in under 10 hours, far exceeding the roughly $1 billion in deposits recorded over the same period.<\/p>\n

Latest data shows that Binance\u2019s netflows for the last seven days have reached almost -$12 billion, while some of its competitors saw significant inflows and increased their market share. OKX, for instance, attracted roughly $360 million in net flows over the past week, while Bybit recorded approximately $140 million.<\/p>\n

<\/a>Crypto Exchange Asset Inflows and Outflows, Source: CoinMarketCap<\/p>\n

\u00a0<\/p>\n

The post Hyperliquid (HYPE) Risks a 30% Price Crash: What Can Prevent the Collapse?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The cryptocurrency market was hit hard by the recent $6.3 billion Binance hack, yet Hyperliquid\u2019s native token defied the broader pullback and posted a nearly 10% gain over the past week. However, one popular analyst warned that the asset could soon nosedive by double digits, while a key factor supports the bearish scenario. Drop Below […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-247096","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/247096"}],"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=247096"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/247096\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=247096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=247096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=247096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}