the only real utility pricehype

某鲸鱼以38.6美元价格做多138万枚HYPE代币，浮亏1201万美元 据链上分析师余烬监测，某鲸鱼以38.6美元的价格做多138万枚HYPE代币，总价值4136万美元，目前已浮亏1201万美元。该鲸鱼的仓位清算价格为23.7美元。

$HYPE Market Update & Short-Term View The token has been under pressure after touching the 31+ zone, pulling back toward the 28 area before showing a small recovery. On the 1H chart, the price is still below most moving averages, which confirms a short-term downtrend. MACD is trying to flatten out, showing early signs of momentum slowing. RSI is sitting in the mid-range, meaning neither overbought nor oversold right now. To refine the outlook, I checked different timeframes: 1H timeframe: trend still weak but stabilizing. 4H timeframe: momentum still bearish, but candles are trying to form a base near recent lows. Short SMA vs long SMA: price is still below key averages but slowly tightening, often a sign of a possible upcoming move. Future Expectation (Personal Opinion Only, Not Financial Advice) If the price can stay above the recent support area, we may see attempts to retest the 30–31 zone again. If it fails to hold support, another dip toward recent lows is possible. I’ll keep watching volume and short-term MA crossovers to confirm direction.

$HYPE I think the $23-$26 region is a pretty interesting area to buy this one. They do have unlocks every month but it's still 1 of the best projects in crypto. That said, if equities and btc puke, this thing prob goes to $20 or less.

A new wallet deposited 3,000,000 $#USDC to HyperLiquid and went long on HYPE with 10x leverage.

The crypto market is on the lookout for early signs of a bottom. To start with, December opened with some serious volatility. Mid-week, a 5% drop in the TOTAL crypto market cap wiped out almost all the early-week momentum, pulling back from the brief rally to $3.17 trillion. Against this backdrop, Bitcoin’s [$BTC ] sideways chop looks like the usual cooling-off phase. Historically, when BTC enters consolidation, liquidity starts rotating into altcoins. Will the same playbook apply this time as well? A $300 million bet just raised the stakes for altcoins Traders have started capitalizing on the current market indecision. Supporting this, Coinalyze’s Open Interest (OI) shows a 1.85% jump in OI across all crypto assets excluding Bitcoin and Ethereum [ETH], pushing the total to $17 billion. This brings their combined OI share to 27.61%. Put simply, leverage is flowing back into altcoins. Adding to that, Arkham Intelligence recently flagged a wallet that opened a $300 million long position split across ETH, Ripple [XRP], and Hyperliquid [HYPE]. However, the wallet is already sitting on a $20.64 million unrealized loss. Why does this matter? Notably, all three assets the trader bet on are utility-driven projects with solid fundamentals. Yet, their recent lag highlights a clear disconnect between fundamentals and short-term market rotation. In this context, is trading altcoins becoming riskier? Simply put, during Bitcoin’s chop phase, are investors increasingly favoring speculative, “high-risk/high-reward” plays over fundamentally strong tokens, signaling a deeper divergence in overall market behavior? Market signals point to a favorable altcoin setup Early signals suggest the altcoin market might be finding a bottom. On-chain, the Altcoin Season Index has been chopping in the 35-40 range over the past week, marking a phase seen as a setup for market rotation. At the same time, technical indicators are showing similar support. The TOTAL2 market cap (ex-BTC) has gained about 3.6% over the last two weeks, hovering near $1.20 trillion. Together, these on-chain and technical cues hint that altcoins could be gearing up for renewed movement. In short, the market seems to be back in a buying zone. CryptoQuant’s Darkfrost shows that altcoins’ 30-day trading volumes are still below the yearly average, suggesting selling pressure is light. For traders, this makes it a favorable setup to gradually accumulate altcoins. Layer in the sideways-chopping Altcoin Season Index, the steadily rising TOTAL2, bullish on-chain metrics, and weekly charts highlighting the top three gainers as solid Layer-1 chains, and the setup looks constructive. In this context, the $300 million position appears more like a strategic bet. $BTC