Hyperliquid (HYPE)

A project I flagged warning signs on back in October has shut down

Ventuals just announced full settlement across every market and a complete wind-down. No token, ever. vHYPE holders have until September to withdraw

2 main problems I pointed out for @ventuals back then:
1. The oracle only updated once every 24 hours while Hyperliquid's runs every 3 seconds
2. Notice openly admitted its valuation accuracy was only around 80%

They later addressed the oracle issue. But the project still didn't make it

Sometimes fixing one structural issue isn't enough if the underlying business model never had a sustainable path to begin with

Good luck next time

The dip you’ve been waiting for on $HYPE. Have you said thank you once? https://t.co/uztylmkyfG

The altcoin I currently have on my radar is HYPE

After the recent market cooling, HYPE is starting to approach a spot that, in my opinion, could provide an interesting opportunity to play a long. As I mentioned in the morning live before, it is hard to join the up moves when we are close to short zones. I have no intention of chasing the price higher; I am definitely more interested in the reaction in the highlighted yellow zone around $68.

I especially like situations where several technical arguments overlap in one place. Here we have exactly such a case.

In this yellow zone the following meet:

✅ local support resulting from earlier market structure
✅ 38.2% Fibonacci level of the last upward impulse
✅ local trend line that guides the whole move from recent lows

The more such elements are in one place, the greater the chance that a buyer reaction will appear there. But there is never certainty, so here I'm only looking at X3 not X300.

Additionally, looking at Hyblock, we can see that below the current price there is a lot of liquidity that the market may still try to collect before the next bigger move. A pullback to around $68 would not be a sign of weakness for me, but rather a healthy reset after the previous strong uptrend.

The Hyblock metric also shows an interesting Whale vs Retail Delta. Despite the recent correction, larger capital remains active on the buying side, suggesting that the current pullback may be more profit‑taking than the start of a larger downtrend.

Therefore, if I see a reaction in this zone, I plan to look for a long on a modest leverage of x3. My goal is simple: try to capture a return to recent highs and potentially attack the $76+ area.

Of course this is not a risk‑free setup.

The red BOX is, for me, the error margin. If the market breaks this zone and starts accepting lower prices, the entire upside scenario loses a lot of value. In that case a move towards $55 becomes very realistic, where there is another larger zone that can be played.

That's why I trade it on a calm leverage. HYPE has already shown us several times that it can make very dynamic moves in both directions, so I prefer to wait for a reaction in the zone rather than guess a low a few dollars higher.

At the moment I'm watching $68 and waiting to see what the price shows. If buyers appear there as planned, it will be one of the most interesting long spots I currently see on the market.