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Anton Kharitonov warns that the HYPE token is approaching its all-time highs, increasing the risk of long liquidations.
He notes that it is difficult to predict where selling pressure will appear for any specific token, but expects this pressure to eventually emerge.
Kharitonov has previously highlighted the impact of key corporate events on major benchmarks. He noted that simultaneous major tech earnings and a Federal Reserve decision affected roughly a quarter of the S&P 500. In another update, he described the market as being in a wait-and-see mode ahead of Apple's anticipated earnings report. These comments provide context for his latest caution regarding HYPE token volatility.