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HYPE Price Hits $33.98 with $1.25B Volume Amid Strong Bullish Momentum

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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR:

  • HYPE price rises to $33.98 with a 5.69% gain in the last 24 hours, showing strong market activity. 
  • Weekly gains reach 13.52%, signaling increasing investor confidence and positive market momentum. 
  • $1.25B trading volume indicates high liquidity and sustained active participation from traders. 
  • Accumulation zones and chart structure support potential continued upward price movement.

 

The price of Hyperliquid (HYPE) is $33.98 today with a 24‑hour trading volume of $1,256,990,922. This represents a 5.69% increase in the last 24 hours and a 13.52% gain over the past week. 

HYPE’s current trading dynamics underscore heightened trading activity and renewed interest in the asset’s trend trajectory. 

Shorting Strength and Accumulation Setup

HYPE reached $50 after moving along the upper boundary of a rising channel. Momentum indicators clearly showed weakening strength, and repeated attempts to push higher were met with selling pressure. 

This structure allowed traders to identify a short opportunity at $50. The short strategy targeted the $20 demand zone while ignoring intraday noise and social sentiment. 

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Price respected this zone precisely, resulting in a 60% decline. Spot trading without leverage ensured risk remained controlled, demonstrating disciplined execution instead of emotional reaction.

After the price drop, HYPE entered the $20–$15 accumulation zone. This region coincided with previous high-volume support levels and long-term structural lows. 

Retail sentiment had incorrectly anticipated further declines to much lower levels, but the chart indicated selling pressure was nearly exhausted.

Price began consolidating and absorbing supply, confirming this as an optimal accumulation point. Buyers could establish positions without chasing price, allowing a stress-free entry.

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This accumulation phase reinforced the importance of timing trades according to structure rather than market noise.

Shorting into strength and identifying the accumulation zone together formed a high-probability setup. Traders following trend channels and structural support avoided emotional trading and ensured disciplined entry points, laying the foundation for the next phase of the cycle.

Long Flip and Controlled Bullish Expansion

Once short profits were secured, the bias flipped long at $20. Traders maintained spot positions without leverage, reducing risk and avoiding unnecessary stress. 

Price steadily advanced to $35–$38, achieving an 86% gain from the accumulation entry. February derivatives data showed OI-weighted funding rates largely positive, signaling sustained bullish participation. 

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Occasional red dips coincided with minor pullbacks, which were quickly absorbed as the price reclaimed higher levels. This pattern reflected a balanced and controlled market expansion.

Funding spikes near the $35–$38 zone remained contained. This indicated market participants were positioning for continuation rather than overleveraging. 

Price respected structure while forming higher lows and reclaiming mid-channel ranges, creating a predictable environment for trend-following traders.

This phase highlights disciplined execution. Controlled entries based on accumulation, trend channels, and monitoring derivatives data ensure stress-free, sustainable gains. 

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Traders following this structured approach benefited from predictable price action while minimizing risk.

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Crypto World

Oil Rose 3% to Open the Week: Here’s What Moved the Market on Monday

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Oil prices jumped more than 3% on Monday, pushing Brent crude above $116 a barrel. West Texas Intermediate (WTI), the US benchmark, climbed to roughly $102 per barrel.

The latest rise comes as the US-Israel war on Iran entered its fifth week with no signs of abating.

Oil Extends Its War-Fueled Rally 

Several escalatory developments over the weekend fueled the surge. President Donald Trump told the Financial Times he could possibly seize Kharg Island, the terminal that handles roughly 90% of Iran’s crude exports.

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The US president struck a mixed tone on diplomacy with Iran, saying he was “pretty sure” of making a deal with Iran but conceding that talks could still collapse.

Meanwhile, Iran’s parliament speaker warned that Tehran would “set them on fire” when American forces arrived and promised consequences for US-allied nations in the region. 

The oil price surge is far from over, according to market analysts, who warn that the prolonged closure of the Strait of Hormuz could drive crude even higher.

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“A scenario in which the Strait remains closed for an additional month would be consistent with oil prices rising towards $150/bbl and constraints on industrial consumers of energy supply,” Bruce Kasman, global head of economics at JPMorgan, said.

According to Bloomberg, US officials and Wall Street analysts have also begun discussing the possibility of crude reaching $200 per barrel.

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Asian Stocks Tumble, Crypto Feels the Pressure

The energy shock rippled across Asia. Google Finance data showed that Japan’s Nikkei 225 fell over 4.5%, while South Korea’s KOSPI dropped more than 4.3% as import-dependent economies repriced risk.

The volatility has spread to crypto markets, with asset prices dipping early in the morning before rebounding. 

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“The market briefly crashed just now — ETH dropped below $1,940 and BTC fell below $65,000,” Lookonchain reported.

Oil above $100 per barrel continues to pressure risk assets by fueling inflation expectations and delaying anticipated Federal Reserve rate cuts.

The post Oil Rose 3% to Open the Week: Here’s What Moved the Market on Monday appeared first on BeInCrypto.

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO. 

The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued.

“This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s history.”

A token buyback of this size could boost the price of the token, which has fallen roughly 96% from its all-time high. In November, a Lido DAO member pitched an automated buyback mechanism for LDO to improve the token’s price. However, that proposal hasn’t been implemented.

LDO’s change in price relative to ETH since 2024. Source: Lido DAO

Lido DAO pointed out that LDO is trading at a steep discount to Ether (ETH) at a ratio of 0.00016, roughly 63% below its two-year median.

This is despite the protocol holding the top spot of the Ethereum liquid staking market, with a 23.2% share of staked Ether, according to Dune Analytics data. The protocol’s dominance has even been flagged as a centralization risk to the network in previous years.

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Share of Ethereum network validators. Source: Dune Analytics

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation 

LDO is currently trading at $0.30, down 95.9% from its $7.30 high set in August 2021, according to CoinGecko data. LDO’s $255 million market cap makes it the 141st largest token by value at the time of writing.

“That dislocation is not justified by a proportional deterioration in protocol performance,” Lido DAO said. 

Lido DAO proposes buying stETH in batches

Lido DAO proposed buying up to 10,000 stETH in smaller batches of 1,000 to buy LDO. 

Lido DAO said it would use limit orders or adopt a dollar-cost averaging strategy to avoid market volatility. 

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