$HYPE dip — trap or opportunity? 👀🔥


A cluster of long liquidations below $30 just got swept as BTC dropped to $64.3K. Price dipped under $28, exactly where liquidity was stacked. But here’s the bigger picture:


📊 On the weekly, structure remains bullish. The January drop to $20.48 sits inside the golden pocket retracement — not a breakdown, but a reset.


On the daily, HYPE already broke its previous lower high and rallied to $38.42, massively outperforming majors. The recent pullback looks more like a healthy retracement than trend reversal.


🎯 Key levels:

- $24.3 → critical support (78.6% Fib + imbalance confluence)

- Below $23.4 → early weakness

- Below $20 → bullish thesis invalidated


Fundamentals remain strong, capital keeps flowing into the ecosystem. Macro volatility may delay the move — but structurally, bulls aren’t done yet.


This might be liquidity engineering, not trend change.

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February 24, 2026 at 11:24 AM
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