Some technical analysis:
We are retesting support. Fresh wallets depositing 7 figures to buy Hyperliquid, bullish orderbook imbalance at 24.
Some fundamental analysis:
Close to 50% of circulating supply staked, assistance fund buying back 23% of circulating supply per year, with no infinite sell pressure from the team and investors.
Old and jaded market participants are capitulating here. They are selling before the ftx inflows, before the final mania stage of the bull market starts.
I believe the new participants we have seen are ahead of the curve, the herd lags behind them.
don't sell your hype
We are retesting support. Fresh wallets depositing 7 figures to buy Hyperliquid, bullish orderbook imbalance at 24.
Some fundamental analysis:
Close to 50% of circulating supply staked, assistance fund buying back 23% of circulating supply per year, with no infinite sell pressure from the team and investors.
Old and jaded market participants are capitulating here. They are selling before the ftx inflows, before the final mania stage of the bull market starts.
I believe the new participants we have seen are ahead of the curve, the herd lags behind them.
don't sell your hype
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.