1 day ago
1
Key Takeaways
- ETF outflows continued into a third week.
- The next support sits near $52.
- Recovery requires a move above $64.
- Grayscale sees longer-term valuation appeal.
Fund demand weakened alongside it. Grayscale published a constructive valuation case the same week, built on Hyperliquid’s projected 2027 earnings, leaving a gap between what the model implies and how investors are currently positioned.
The $57 Zone Has Turned Into Resistance
HYPE spent much of late June and mid-July trading around $57, giving the area more weight than a single Fibonacci level carries on its own. It also contains the 100-day moving average near $57.3, which previously helped support the price.
Read Entire Article
English (US)