Hyperliquid (HYPE) 价格预测：应对看跌压力

Hyperliquid（HYPE）面临看跌压力。强劲的基本面和回购能否抵消下跌趋势？分析关键水平和潜在恢复区。

Hyperliquid (HYPE) Price Prediction: Navigating Bearish Pressure

Hyperliquid (HYPE) 价格预测：应对看跌压力

Hyperliquid's HYPE token is currently facing significant bearish pressure, creating uncertainty around its short-term price trajectory. Despite strong fundamentals, the token is struggling to maintain its value. Let's dive into the key factors influencing HYPE's price and potential future movements.

Hyperliquid 的 HYPE 代币目前面临巨大的看跌压力，为其短期价格轨迹带来不确定性。尽管基本面强劲，但该代币仍在努力维持其价值。让我们深入探讨影响 HYPE 价格和未来潜在走势的关键因素。

Bearish Structure Dominates

看跌结构占主导地位

Recent analysis indicates that HYPE is following a clear downtrend pattern, characterized by lower highs and lower lows. The token has faced repeated rejections around the $48 to $50 resistance zone, signaling persistent selling pressure. The price is currently caught between $32 support and $48 resistance. A failure to reclaim the $48 level could lead to a deeper retracement towards $28.

最近的分析表明，HYPE 正在遵循明显的下降趋势模式，其特点是高点较低和低点较低。该代币在 48 美元至 50 美元阻力区附近多次遭到拒绝，表明抛售压力持续存在。目前价格介于 32 美元支撑位和 48 美元阻力位之间。如果未能收复 48 美元水平，可能会导致进一步回撤至 28 美元。

Key Levels in Focus

重点关注的关键层面

The weekly chart suggests a potential wick retest towards the $25 to $30 zone, aligning with previous liquidity clusters. This zone around $20 to $30 represents a critical demand region where past accumulation began. A strong recovery wick in this zone could signal the end of the correction phase. However, short-term downside risk remains until a weekly close above $40 is achieved.

周线图表明，可能会重新测试 25 至 30 美元区域，与之前的流动性集群一致。 20 至 30 美元左右的区域代表了过去积累开始的关键需求区域。该区域的强劲复苏影线可能标志着修正阶段的结束。然而，在周收盘价突破 40 美元之前，短期下行风险依然存在。

Strong Fundamentals Provide Support

强大的基本面提供支持

Despite the bearish price action, Hyperliquid's fundamentals remain robust. The protocol generates $3M–$6M in daily revenue, with an impressive 97% allocated to HYPE buybacks. This consistent capital recycling mechanism provides a buffer against extreme downside volatility and showcases the protocol's liquidity strength. When the crypto market returns to a risk-on environment, HYPE is well-positioned to recover rapidly due to its revenue-backed structure and efficient tokenomics.

尽管价格走势看跌，Hyperliquid 的基本面仍然强劲。该协议每天产生 300 万至 600 万美元的收入，其中令人印象深刻的 97% 分配给了 HYPE 回购。这种一致的资本回收机制为极端下行波动提供了缓冲，并展示了该协议的流动性实力。当加密市场回归风险环境时，HYPE 凭借其收入支持的结构和高效的代币经济，处于有利地位，能够迅速复苏。

Long-Term Value Zone

长期价值区

Analysts have identified a strong accumulation band between $29 and $19, labeling it as a high-value buy zone. This range aligns closely with both the weekly order block and historical volume support. A positive reaction in this zone, confirmed by a higher low, could mark the beginning of HYPE's next upward move.

分析师已经确定了 29 美元至 19 美元之间的强劲积累区间，将其标记为高价值买入区域。该范围与每周订单块和历史交易量支撑紧密一致。该区域的积极反应，并由更高的低点证实，可能标志着 HYPE 下一次上涨的开始。

Can HYPE Reclaim Its Momentum?

HYPE 能否重拾势头？

Hyperliquid's short-term structure remains fragile, but its on-chain and fundamental strength provide a sense of confidence. The technical charts suggest a final retest between $29 to $19, a zone that has historically triggered aggressive recoveries. The steady daily revenues and high buyback ratio reflect strong protocol health, even during the decline. If the broader market stabilizes and HYPE reclaims the $40 to $45 zone with momentum, a trend reversal towards $60+ becomes technically possible.

Hyperliquid 的短期结构仍然脆弱，但其链上和基本面实力提供了一种信心。技术图表显示，最终将重新测试 29 美元至 19 美元之间，该区域历来曾引发大幅反弹。稳定的每日收入和高回购率反映出协议的健康状况，即使在下降期间也是如此。如果大盘企稳并且 HYPE 凭借势头重新夺回 40 至 45 美元区域，那么从技术上讲，趋势逆转至 60 美元以上就成为可能。

So, is HYPE down but not out? Looks like it. Keep an eye on those key levels, and remember, even in crypto winter, summer always comes eventually. Or at least, that's what we're hoping for, right?

那么，HYPE 是下降了但还没有消失吗？看起来是这样。密切关注这些关键水平，并记住，即使在加密货币的冬天，夏天也总会到来。或者至少，这是我们所希望的，对吧？