HYPE news live: Further losses likely as indicators show over 80% chance of continued declines

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Hyperliquid slides 8.28% today

Highlights

Hyperliquid Strategies Inc. has initiated a $30 million stock repurchase program over the next 12 months to boost per-share HYPE exposure.
The merger between Sonnet BioTherapeutics and Rorschach creates a new entity now trading as PURR on Nasdaq, following recent strategic consolidation.
The company remains focused on building HYPE reserves and expanding ecosystem partnerships to strengthen its position post-merger.

Repurchase initiative and merger reshape HYPE supply and ecosystem

Hyperliquid Strategies Inc. has launched a $30 million stock repurchase program over the next 12 months to increase per-share exposure to HYPE by accumulating more tokens. This follows the merger between Sonnet BioTherapeutics and Rorschach, resulting in the new entity now trading as PURR on Nasdaq. The company continues its focus on building HYPE reserves and expanding ecosystem partnerships.

Downside dominance persists as indicators turn decisively bearish

Momentum indicators confirm a decisive bearish backdrop, with MACD and ADX both signaling sell. RSI sits in bearish territory at 35.18, while Stochastic RSI and CCI both indicate oversold conditions, and BBP at –1.34 points to strong seller dominance intraday. The Awesome Oscillator also aligns with prevailing downside momentum. The nearest resistance is at the Ichimoku Kijun level of $34.90, and there is no dynamic support present nearby.

Further losses likely as momentum overshadows rebound prospects

Over the next five trading days, the expected price range is $25.00 – $30.00, reflecting the typical volatility band relative to current levels. There is a very high probability (over 80%) of further declines, as continued bearish signals from daily and weekly RSI, ADX, and other momentum indicators outweigh rebound scenarios. The base case is further consolidation close to current levels. Any bullish reversal would require a breakout above $34.90, while a drop below $27.44 would open the door to a deeper pullback toward $25.00.

Viktoras Karapetjanc, Traders Union analyst, sees current bearish signals overshadowing short-term rebound hopes for Hyperliquid (HYPE). He believes the $30 million buyback and continued focus on ecosystem development remain promising for the long term. Near-term downside risk prevails, given the lack of dynamic support and confirmed oversold momentum. Still, the analyst stays constructive on recovery potential if resistance at $34.90 is reclaimed. "With strong fundamentals and active management, I see this consolidation phase as a longer-term accumulation opportunity for patient investors."

Previously it was reported that HYPE was under sustained downside pressure, trading well below major moving averages with technical indicators such as MACD, ADX, and oscillators like RSI and Stoch RSI signaling a pronounced bearish momentum near session lows. The asset faces dynamic resistance at the Ichimoku Kijun while oversold conditions and high intraday volatility dominate current trading, suggesting further declines are likely unless a recovery above resistance levels materializes.

Source of Data: HYPE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.