Hyperliquid (HYPE)

$BTC I'm bearish, but the local bottom is almost reached.

According to one of my liquidity indicators, I see a cluster in the 63,500–62,500 range. The upper part has already been taken out, great.

But below, there’s still liquidity from those guys who jumped right into the market after reading the news about the “peace deal” and ideally, we need to absorb all of that liquidity to continue the uptrend.

In my view, the rally will be capped around 69k, with a possible breakout to 71–72; this would completely absorb the FVG on the daily timeframe, but even that is very optimistic in my opinion.

From 69k, I’ll start building a short position down to 45+-

A New Episode of the Hivemind is Live!

This week @Shaughnessy119 joins us to debate whether AI frontier companies can justify their valuations, the rise of open-source AI, and where enterprise spending is actually going.

We also cover SpaceX’s IPO, Hyperliquid’s growth, and the latest around Zcash’s private Bitcoin thesis.

Timestamps:

00:00 Introduction & Market Outlook
05:00 OpenAI, Anthropic & Enterprise AI Spending
08:53 Open Source vs Frontier Models
24:41 Are We In An AI Bubble?
35:17 SpaceX IPO & Equity Issuance
38:13 AI Regulation, Political Risk
53:36 Hyperliquid & HYPE
1:04:14 Zcash & The Private Bitcoin Thesis
1:13:16 Final Thoughts