$HYPE If you closed out your long position on this hype, it proves you didn’t grasp the logic behind this rally.
When we break historical highs, a lot of folks' first reaction is to ‘short’ the market.
Let’s get clear on the reasons behind this surge: Hyperliquid's buyback mechanism, where the protocol funnels 99% of trading fees into a support fund, effectively puts a floor under the token price. Plus, a16z bagged 5.93 million tokens (worth $240 million), and even big players like Arthur Hayes are calling for a target price of $150, which really amps up the sentiment while also providing support through buybacks.
Retail investors typically see a recent drop after a new high and immediately want to short.
Don’t forget, around the $43 mark, there are a ton of whale shorts trapped, with liquidation prices concentrated in the $85-$95 range. The big players hold an alarming amount of tokens, and with the daily volume increasing and institutional buying backing it up, it’s hard to push the price down to let the big guys escape.
Understanding the logic is key to holding for the next target of $68, let’s go! 🔥🔥
#Trump says the US-Iran peace deal is basically settled.
When we break historical highs, a lot of folks' first reaction is to ‘short’ the market.
Let’s get clear on the reasons behind this surge: Hyperliquid's buyback mechanism, where the protocol funnels 99% of trading fees into a support fund, effectively puts a floor under the token price. Plus, a16z bagged 5.93 million tokens (worth $240 million), and even big players like Arthur Hayes are calling for a target price of $150, which really amps up the sentiment while also providing support through buybacks.
Retail investors typically see a recent drop after a new high and immediately want to short.
Don’t forget, around the $43 mark, there are a ton of whale shorts trapped, with liquidation prices concentrated in the $85-$95 range. The big players hold an alarming amount of tokens, and with the daily volume increasing and institutional buying backing it up, it’s hard to push the price down to let the big guys escape.
Understanding the logic is key to holding for the next target of $68, let’s go! 🔥🔥
#Trump says the US-Iran peace deal is basically settled.