3 Must-See Hyperliquid Price Catalysts Today – Don’t Miss the Action

Hyperliquid’s price is dancing on a knife’s edge—here’s what could send it soaring or crashing.

1. Liquidity Whispers: Watch for sudden spikes in trading volume. Thin order books? That’s a volatility powder keg waiting for a match.

2. Whale Alerts: A single nine-figure wallet moves, and retail traders scramble like ants at a picnic. Follow the money—or get trampled by it.

3. Macro Jitters: Bitcoin sneezes, alts catch pneumonia. If BTC wobbles, Hyperliquid’s leverage traders will bleed first (as usual).

Bonus cynicism: Remember, ‘price discovery’ is just Wall Street’s polite term for ‘guessing with other people’s money.’

1. Strong Bounce off Key Support

HYPE corrected by 33% after it broke its uptrend and touched the support at $32. Once there, the price quickly entered a relief rally. At the time of this post, buyers are trying to confirm $37 as a key support, but sellers seem determined to put up a fight. If $37 is lost, then buyers could retreat to $35 and $32 again.

2. The Correction May not Be Over

If sellers are successful to stop HYPE at $37, then the price will confirm a lower high. This WOULD be a clear signal that the downtrend is not over yet. In such a case, the best scenario for buyers is to defend the support at $32 and make a higher low. That would offer a great base to push HYPE into a major reversal.

3. Buyers Are Returning

The daily MACD histogram is making higher lows. This is indicative of buyers returning. Nevertheless, it is too early to confirm a reversal in the price action. The MACD moving averages remain on the bearish side and the histogram is negative. Best to give the price more time to find a bottom in these conditions.