- Hype Price and tvL showed strong and strong despite the volume of cooling points.
- Altcoin’s structure has proposed a space for continuous rally, which is supported by higher lowest and longer positioning.
Hyper Liquid prices have surged significantly 9.5% over the last 24 hours. However, according to the latest Cryptoquant data, overexpensive volume bubble maps reported that volume is cooling.
Even if the purchase of momentum is slightly weak on the surface, the power of the fundamental strength can still exist.
Spot volume generally indicates immediate purchase and sales interest. The decrease in this value after the price hike sometimes indicates the loss of retail demand.
Source: Cryptoquant
However, in the case of over -advertising, other figures indicate that there are still legs in the rally.
TVL has a new high as it has a positive feeling.
One of the positive signals is HYPE’s total value lock (tvL), with more than 4% over the last 24 hours as defillama reported in the prestime time.
Increasing tvL generally reflects the investor’s trust and reflects more capital inflow to the network in stage King, loan or defect.
At the same time, the long and short ratio remains long, and most merchants suggest that they have more rise.
Source: COINGLASS
When paired with ascending TVL, this ratio is a trusted signal of continuous interest.
Overall advertising is still optimistic on a daily chart.
From a technical point of view, the hyper clicade (Hype) was on the endless optimism on the daily chart since the reversal in early April.
The token not only maintained profits, but also prints the highest level and the highest, which is a traditional sign of strong rise.
The most recent daily surge is part of this extensive trend, suggesting that the rally is not in vacuum.
In fact, it will be part of a wider exercise scenario. If Hype continues to proceed like this, the next key resistance will be activated in the near future.
Source: TradingView
Of course, softening the spot volume can mean short -term turbulence. But it argues that TVL growth and long, long and short ratio are not.
If the momentum is maintained and the level of support is not damaged, the HYPE can expand the rally and visit the higher goals in the short term.