More than five months of inactivity later, a crypto whale re-engages with the HyperLiquid market, adding $2.5 million in USDC and initiating acquisition of HYPE. A total of $1.73 million has been used to buy 69,975 of the HYPE coins, leaving $765K in USDC to continue purchasing through HyperBot.
Source: X
Experts indicate that these large whale transactions precede movements of momentum and volatility of prices. With the remaining USDC now ready to be deployed, traders now keep a close eye on HYPE as the large whale transactions bring the token back into the limelight.
Also Read: Bitwise ETF Filing Sparks HYPE Rally Potential Amid Market Correction
Breakout Above 26.5 Could Signal Next Long Opportunity
However, the crypto analyst revealed that HYPE is beginning to get noticed in a turbulent market, although it is always important to remain cautious. The price is still sitting just below the crucial resistance of 26.5, thus discouraging investor sentiment from going long. Until it breaks out and sustains above this resistance level, going long would be a gamble.
Source: X
Having the ability to clearly break out and exceed 26.5 with momentum and good market activity changes everything. A breakout confirmation can produce a good long entry at a retest or breakout point, and 30 can become the first target. One must observe whether it follows through for the confirmation of the new wave.
HYPE Technicals Indicate Stabilization Before Next Move
From a technical perspective, the price action highlights a strong downward trend starting in October and continuing until December. Currently, HYPE topped out in the mid-40s and promptly retreated, testing the breakout zone of 24-25. The most recent action has seen some sideways activity, which is more indicative of less selling pressure but still below strong areas of resistance defined by previous break zones above 30-34.
Source: TradingView
The momentum indicators reveal stabilization at an early stage, but not a reversal. The MACD is curling up, with its histogram also turning positive, indicating stronger momentum, but it is still below zero. The RSI is in the low forties and rising, having pulled back from the oversold region, but still not strong enough to support a bullish follow-through.
Also Read: HYPE 2026 Price Check: Consolidation or Breakout Ahead?
