HYPE Rebound signal emerges: Whale sweeps $21.5 million at $22.

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[Coin World] Recently, the market movements of Hyperliquid are quite interesting. Those big players didn't rug pull when the price fell; instead, they aggressively built a position near the support line of 22-24 USD, with single purchases exceeding 21.5 million USD. The signals behind this should not be underestimated—continuing net outflows from the exchange, coupled with a declining funding rate, indicate that the momentum of dumping is gradually being absorbed.

From a technical perspective, although HYPE is still under the pressure of a descending wedge, there are several details worth noting. The RSI indicator has entered the oversold zone, and seasoned traders are generally bullish now. Combined with the aggressive Build a Position actions from whales, the probability of a rebound is increasing, while the possibility of a continued fall is actually shrinking. This drop seems more like it is building momentum for the next wave of upward movement.

HYPE-1.12%
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GasFeeCriervip
· 15h ago
Whale dumping 21.5 million dollars is indeed something. --- RSI Oversold + funding rate declining, this combination is quite effective. --- However, the falling wedge is still there; it only counts if it breaks. --- Wait, is this really not another bull trap? Last time I got caught here. --- The net outflow from the exchange is real, but honestly, this thing is still a mystical indicator. --- Eating so many orders around 22 dollars, either the Whale is really optimistic, or... you understand. --- Rebound probability is increasing? I care more about how high it can rise, 28? 30? Or continue to fall. --- Why don’t I trust this statement that experienced traders are generally bullish? --- Actually, I just want to bet on the RSI rebound; don't treat the Whale as a deity.
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FancyResearchLabvip
· 15h ago
Whales have started construction again, this time piling up around 22 dollars. Theoretically, this thing should rebound, but let me first check if this support line has been trapped...
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