Markets· ★★★· bearish·

HYPE slips 6.41% from record high to $91.65 as $340M unlock looms

  • —Price at $91.65, 6.41% below its all-time high but above the $60.96 SMA-200
  • —Daily volume of $977.95M is 1.28% below the 30-day average, offering weak confirmation
  • —MACD histogram is negative and price trades below the $93.15 VWAP, leaving momentum vulnerable
  • —Risk: a reported ~3.75M HYPE unlock worth $340M; support: a $15M buyback
Why it matters: Whether demand holds the nearest supports will decide if HYPE resumes its uptrend or corrects further as supply rises.
Source: DiarioBitcoin