The HYPE token from Hyperliquid continues to display stability in the $36–$50 range after a significant 400% rise, creating intriguing market conditions.
Financial Parameters of HYPE
The HYPE token has consolidated between $36 and $50 for over two months following a rapid rally. In the first half of 2025, the token increased by more than 400%. Daily buybacks have supported the price by gradually reducing circulating volumes and stabilizing valuations.
Technical Structure and Market Conditions
Charts show that daily closing prices closely align with buyback levels, often preventing sharp declines. An ascending triangle pattern is forming with resistance around $50–52 and support around $42–43, creating an environment for potential breakout.
Long/Short Ratio and Sentiment
The long/short trader ratio currently stands at 1.9, indicating a strong bullish bias. However, overcrowded long positions may trigger volatility if conditions shift. Sustaining demand and continued buybacks could favor a breakout above $52.
The status of the HYPE token shows potential positive trends, yet the high degree of long positions may create volatility risks. Investors should monitor market dynamics.
