HYPE news live: downward pressure mounts — risk of deeper lows if $27.50 breaks

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Hyperliquid slides 10.38% today

Highlights

The Hyperliquid team unstaked about 2.6 million HYPE tokens valued at $89.2 million and redistributed assets internally, while unlocking 1.75 million tokens for developers under a vesting schedule.
Over 93% of protocol revenue has been consistently directed toward HYPE token buybacks, mitigating price volatility during major unlock events.
Hyperliquid led all blockchains in daily fees at $2 million, reinforcing its position as a premier decentralized perpetual trading platform.

Protocol buybacks contain volatility as large team and dev unlocks occur

Recent developments include the team unstaking approximately 2.6 million HYPE tokens valued at about $89.2 million and redistributing assets internally, while over 1.75 million tokens were unlocked for developers and contributors under a planned vesting schedule, with most held or restaked to reduce immediate sell pressure. The platform has maintained its practice of directing over 93% of protocol revenue toward HYPE token buybacks, which has helped dampen volatility following these unlock events. Hyperliquid also attained the top spot in daily blockchain fees at $2 million, underscoring its continued growth as a leading decentralized perpetual trading venue.

Bearish momentum dominates as supports vanish and oscillators flash oversold

The current price of HYPE at $30.60 is well below its MA-20 ($36.11), MA-50 ($39.00), and MA-200 ($41.44), confirming strong downward pressure across short, medium, and long-term trends. The nearest dynamic resistance stands at the Ichimoku Kijun level of $36.35, with little support from moving averages below the market. Momentum indicators show broad bearishness, as the MACD flashes a strong sell signal on the daily chart and the ADX confirms a weak, seller-dominated trend. Oscillators reinforce the oversold backdrop: daily RSI is subdued at 41.57, Stochastic RSI and CCI both signal persistent oversold conditions, and BBP is deeply negative, indicating that sellers have seized the initiative. The Awesome Oscillator trends negative, aligning with the prevailing bearish tone.

Bearish bias prevails amid high volatility and weak rebound prospects

Over the next five trading days, the expected range for HYPE is $27.50 to $33.75, reflecting recent high volatility but positioned around the current price. The probability of a further decrease is very high (more than 80%), and the bias remains strongly bearish. Baseline expectations point to continued sideways action with a bearish tilt within this volatility band relative to current levels. A close above $36.35 would be needed to initiate recovery toward the $38 – $40 zone, while a sustained move below $27.50 could lead to deeper declines and new short-term lows.

Viktoras Karapetjanc, Traders Union expert, sees Hyperliquid as fundamentally resilient despite strong technical headwinds. He notes that internal asset redistribution and high protocol buyback rates support long-term token value, even as short-term sentiment stays weak. The macro growth in protocol fees signals lasting market leadership. Karapetjanc believes ongoing volatility and current bearish signals offer strategic entry points for patient investors. "Fundamental strength and disciplined treasury management give me confidence that HYPE has room to recover once short-term pressures ease."

Previously it was noted that seller dominance persists as short-lived upside collides with weak momentum. Last time we reported that sellers dominate intraday momentum amid tightening volatility bands around key levels.

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.