How will the HYPE token unlock affect its price?
#hype 1OpportunityBearishMassive Unlock Pressure – The December 29 unlock of nearly 9.92 million HYPE tokens (~$256 million) sharply increases circulating supply, likely creating short-term selling pressure before potential stabilization.
2RiskHighContinuous Selling Risk – Whale short positions dominate, and decreased project revenue may weaken buyback support, heightening drawdown risk after the unlock.
3ActionBearishShort-Term Defensive Trading – Set sell zones near resistance; enter short positions around volatility spikes and set tight stop-loss below the recovery pivot. ---
🎯 Opportunity (Bearish 📉)
Unlock Brings Volatility Surge: The HYPE unlock injects a large liquidity wave that may depress price temporarily but also invite speculative traders seeking volatility plays. Strong correlations with BTC and ETH suggest macro liquidity could cushion the fall if broader markets remain risk-on.
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🚨 Risk (High 🔴)
Continuous Selling Pressure: The sudden 2.87 % supply increase, lowered protocol earnings, and fear‑index 25 together indicate fragile sentiment.
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⚡ Action (Bearish 📉)
Defensive Short Bias: The token trades near $26.02 USDT. Short‑term momentum is negative, prompting cautious short setups with tight risk limits