Hyperliquid Founder Refutes Profit Speculations, Emphasizes Priority on Risk Management
Hyperliquid's Focus on Trader Protection: Founder Jeff Yan addressed speculation about the platform prioritizing profits, asserting that Hyperliquid's systems are designed to protect traders, as evidenced by recent automatic deleveraging events that allowed users to secure significant gains.
Simplicity Over Complexity in Risk Management: Yan emphasized the importance of maintaining a simple risk engine to ensure stability, pushing back against proposals for complex features that could compromise the system's reliability during extreme market conditions.
Competitive Landscape in Decentralized Finance: Hyperliquid's success has positioned it as a benchmark for newer perpetual DEXs, with competitors like Aster and StandX emerging, indicating a rapidly evolving and competitive market.
Ecosystem Expansion and Stablecoin Launch: Hyperliquid launched its native USDH stablecoin, which processed nearly $2 million in trades shortly after its introduction, while also reducing spot fees by 80% to attract liquidity amid increasing competition in decentralized finance.
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Technical Analysis for HYPE
Technical Sentiment Analysis for Hyperliquid (HYPE) As of , Hyperliquid (HYPE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HYPE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HYPE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperliquid (HYPE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 16.1 | 21.76 | 27.105 | 32.765 | 38.11 | 43.77 | 49.115 |
| Fibonacci | 21.76 | 25.964 | 28.561 | 32.765 | 36.969 | 39.566 | 43.77 |
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