HYPE Price Update: Cooling Momentum and Growing Market Activity

The HYPE price has shown signs of cooling momentum after reaching the Fibonacci target zone between $73.20 and $81.78. According to crypto analysts, this rejection suggests that bullish momentum is decreasing, with the structure increasingly favoring a larger Wave 4 corrective phase.

However, despite the short-term pressure, the broader trend remains bullish due to Hyperliquid's expansion into real-world assets such as silver, oil, and shares. The company's CEO, David Schamis, has revealed plans to extend its horizons to include more tangible forms of assets.

The growth drivers for the next stage, according to Schamis, would be options, prediction markets, insurance, and instruments based on expirations. This expansion is expected to support the HYPE price in the long term.