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06/13 06:16

Hyperliquid Faces Short-Term Dip, But Why HYPE’s B

Hyperliquid Faces Short-Term Dip, But Why HYPE’s Bull Run Will Continue

A drop in trading volume along with a momentum divergence highlighted the possibility of a price drop.

Hyperliquid has seen increased buying pressure in recent months.

Bitcoin’s rejection of $111K and subsequent price drop could lead to a short-term HYPE dump.

Hyperliquid [HYPE] set a new all-time high at $44, as indicated by growing whale inflows and rising open interest. The 90-day spot CVD data showed buyer dominance, which should encourage buyers.

With Bitcoin [BTC] falling, it is possible that HYPE will see a dump. The divergence seen on the 3-day chart has increased the likelihood of a deeper correction.

  Resilient demand in recent months meant the downturn might not last long or be too deep.

#Share Your Thoughts on Popular Assets in June#Do you think LISTA is promising?#Do you think HOME is promising?

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