HYPE at $41, do you dare to buy the dip?

Whales are still accumulating, the platform earns $2.2 million a day, 97% used for buybacks and burns— but just now, CME teamed up with ICE to pressure the CFTC, claiming it "manipulates oil prices," causing a flash crash of 9%. Arthur Hayes publicly supports it, on-chain TVL remains steady at $5.4 billion— is this a golden opportunity, or is regulation about to crack down hard?

First look at the surface: fundamentals are as solid as stone.

In the past 30 days, it’s up 8%, 24-hour trading volume hits $500 million, market cap ranks in the top 13, with 30% room to reach all-time highs. The candlestick chart shows: 50-day MA golden cross 200-day MA, an intact upward channel, MACD about to make a second golden cross, RSI neutral leaning bullish.

First thing: earning $2.2 million a day, 97% used for buybacks and burns.

Hyperliquid’s 24-hour fee income of $2.2 million exceeds most L1 blockchains’ daily gas fees. Weekly revenue once hit $14 million, second only to Solana. 97% of net income directly used to buy back and burn HYPE.

Second thing: CME and ICE joint complaint actually proves its value.

Why is regulation targeting it? Because Hyperliquid’s oil perpetual contracts with $700 million daily trading volume are starting to influence traditional market pricing.

Arthur Hayes has publicly countered, on-chain data remains steady as ever, TVL at $5.47 billion, net inflow continues positive. This.

Third thing: a technical signal that must be taken seriously.

HIP-4 prediction market launched, Pre-IPO perpetual trading is hot, HyperEVM is about to explode. But don’t forget—price dropped from $59 to $41, a 30% decline, RSI still in neutral zone, indicating bulls haven’t fully gained momentum.

One side is:

- 24h revenue $2.2 million, 97% buyback and burn, deflationary nuclear bomb

- TVL $5.47 billion, accounting for 30% of the decentralized perpetual market

- 50-day MA golden cross 200-day MA, mid-term bullish confirmed

- Arthur Hayes + institutional ETF rumors, narrative at full throttle

The other side is:

- CME, ICE joint pressure, regulatory FUD spreading

- Federal Reserve high interest rates, risk assets under pressure

- Price still 30% below ATH, short-term volatility

- Circulating supply low, FDV near $40 billion, dilution pressure

Key level at $41, this is the bottom line for bulls and bears, also the main players’ cost zone.

Resistance above: $45 → $50 → $59 (ATH)

Support below: $38-39 → $34-32 (strong support)

Short-term players:

Wait for a dip back to $38-39.5 before entering, stop-loss at $36.5, first target to take half profit at $45. After breaking $45, chase longs, stop-loss at $41, target $50-55.

Swing traders:

Wait for daily close above $45 before entering, use dynamic take-profit to hold, target $55-65, avoid being shaken out.

Long-term believers:

DCA below $41 in batches. HYPE is the most solid “cash flow + deflation” asset by 2026, with a year-end target of $65-80+, betting on Hyperliquid taking 1% of the traditional derivatives market. But remember—if regulation really turns into a black swan, don’t hold, reduce positions for lower risk.

HYPE now is like SOL in 2024—

99% of people think “regulation will target it,” but every FUD is an entry opportunity, then watch it rise from $20 to $200.

At $41, are you cutting losses or quietly adding positions? #Gate广场五月交易分享 #CLARITY法案参议院通关 $HYPE $BTC $ETH