超流動性（HYPE）吸引了主要的鯨魚投資，提高了人們對突破的期望

加密貨幣市場令人震驚，因為在超流動性（Hype）進行了重大鯨魚投資之後，人們對代幣是否可以很快突破20美元的電阻水平併升至新價格高點引起了人們的興趣。

The cryptocurrency market is buzzing with speculation following a major whale investment in HyperLiquid (HYPE), which has raised interest in whether the token could soon break through the $20 resistance level and head to new price highs.

加密貨幣市場嗡嗡作響，猜測是在高流動性（Hype）進行大量鯨魚投資之後，這引起了人們對代幣是否可能很快突破20美元的電阻水平並提高新價格高點的興趣。

Also Read: Hyperliquid Price Prediction: Can HYPE Reach $20 Amid Persistent Resistance?

另請閱讀：超流利價格預測：在持續抵抗中，炒作可以達到20美元嗎？

A recent whale purchased nearly 100,000 HYPE tokens for $4.01 million, and the size of this transaction is having a significant impact on the market. As this is unfolding, traders are also keeping an eye on the crucial resistance at the $20 mark, which could determine the direction of HYPE’s next move.

最近的一條鯨魚以401萬美元的價格購買了近100,000個炒作令牌，這筆交易的規模對市場產生了重大影響。隨著這種情況的發展，交易者還關注了20美元的關鍵阻力，這可以決定炒作下一步行動的方向。

Chart: Crevis

圖表：小屋

A Deep Dive into the Whale’s Activity

深入研究鯨魚的活動

The whale's activity began with a market order to sell 15,000 HYPE tokens at an average price of $15.7. This move was followed by a limit order to buy 99,965 HYPE tokens at an average price of $16.8, totalling $4.01 million.

鯨魚的活動始於市場命令，即以15.7美元的價格出售15,000個炒作令牌。此舉之後是限額訂單，以16.8美元的平均價格購買99,965個炒作令牌，總計401萬美元。

Out of the $4.01 million used for the buy order, $1.68 million was deposited into HyperLiquid, and the remaining $2.33 million was withdrawn from Gate.io. This suggests that the whale might be shifting some of their existing holdings into HYPE.

在購買訂單的401萬美元中，有168萬美元存入了超流動液中，剩下的233萬美元從Gate.io中撤回。這表明鯨魚可能正在將其一些現有持有量轉移到炒作中。

At the latest market update, HYPE is trading at $17.51, showing a 12.92% increase in the past 24 hours. However, despite this growth, the token still faces significant resistance around the $20 mark, a level that has proven difficult to surpass in recent trading sessions.

在最新的市場更新中，HYPE的交易價格為17.51美元，在過去24小時內增長了12.92％。然而，儘管有這種增長，令牌仍然面臨著20美元的明顯抵抗力，這一水平被證明在最近的交易中很難超越。

Crucial Resistance at $20

至關重要的抵抗力為20美元

If HYPE manages to break above the $20 resistance, the next major price target could be $27.18. But if the token fails to push through the $20 threshold, it may face consolidation or a pullback to lower price levels.

如果炒作設法超過20美元的電阻，那麼下一個主要目標目標可能為27.18美元。但是，如果代幣無法推動20美元的門檻，它可能會面臨合併或降低價格水平的回調。

To support this analysis, traders can examine the volume profile on the chart. The lack of volume at higher price points above $20 indicates that the token hasn't spent much time trading in that range, which could pose a challenge for it to move higher.

為了支持此分析，交易者可以檢查圖表上的音量概況。高於20美元的較高價格的缺乏數量表明，令牌並沒有花費太多時間在該範圍內進行交易，這可能會給它帶來更高的挑戰。

On the other hand, the volume profile shows periods of consolidation and trading activity between the support levels of $13 and $18, where the token has bounced off frequently. This suggests that if HYPE pulls back from the $20 resistance, it may find support and bounce back from lower price ranges.

另一方面，音量配置文件顯示了合併和交易活動的期限，在13至18美元之間的支持水平之間，令牌經常彈跳。這表明，如果炒作從20美元的電阻中退回，它可能會找到支持並從較低的價格範圍內反彈。

Chart: Crevis

圖表：小屋

Social Volume Is Rising

社會量正在上升

Another factor that is contributing to the growing interest in HYPE is the rise in its social media activity. According to Lunar Crush data, as of March 2, 2025, HYPE's social volume reached 16, and its social dominance climbed to 0.986%.

促使人們對炒作的興趣日益增長的另一個因素是其社交媒體活動的增長。根據Lunar Crush Data的數據，截至2025年3月2日，炒作的社會量達到16，其社會優勢升至0.986％。

Social volume measures the amount of chatter about an asset on social media platforms, while social dominance indicates an asset's relative influence on these platforms. Both metrics are commonly used by traders to gauge the level of retail interest in an asset.

社交數量衡量社交媒體平台上資產的chat不休的數量，而社會優勢則表明資產對這些平台的相對影響。交易者通常使用這兩個指標來評估資產中零售利息的水平。

Usually, a surge in social volume is often an indication that more traders are discussing, engaging with, and showing interest in an asset. For HYPE, the growing interest on social media platforms could translate into higher buying pressure, which might help push the token's price upward.

通常，社交數量的激增通常表明更多的交易者正在討論，與資產互動並表現出興趣。對於大肆宣傳，社交媒體平台上日益增長的興趣可能會轉化為更高的購買壓力，這可能有助於將令牌的價格上漲。

On the other hand, social dominance suggests which asset is performing better in terms of gaining attention and engagement from traders on platforms like Twitter and Reddit. A higher social dominance score could indicate that HYPE is managing to outperform other cryptocurrencies in the competitive landscape.

另一方面，社會優勢表明，在諸如Twitter和Reddit等平台上的交易者的關注和參與方面，哪些資產的性能更好。更高的社會優勢得分可能表明炒作正在設法超過競爭格局中其他加密貨幣。

Shifting Circulating Supply

轉移循環供應

The circulating supply of HYPE is also a key factor to watch. As of now, 33.4% of the total supply is in circulation, with 20% of that being actively traded in the market. The remaining 66.5% of tokens are still locked away, which creates an element of scarcity.

炒作的循環供應也是觀看的關鍵因素。截至目前，總供應量的33.4％在流通，其中20％在市場上積極交易。其餘66.5％的令牌仍被鎖定，這會造成稀缺性。

However, the circulating supply has been increasing gradually, while the staked tokens have decreased slightly. This shift could introduce some short-term volatility as more tokens become available for trading, which might put pressure on the price.

但是，循環供應逐漸增加，而固定的代幣略有下降。隨著越來越多的令牌可用於交易，這種轉變可能會引入一些短期波動，這可能會給價格帶來壓力。

Furthermore, the buyback allocation has shifted from AF to ST, and the futures allocation has decreased. Among the changes in token use, there has been a slight decrease in the staked tokens, which went down by 1%.

此外，回購分配已從AF轉移到ST，未來分配也有所下降。在代幣使用的變化中，固定的令牌略有下降，下降了1％。

Finally, there has been an increase in the buyback allocation from AF (from 4.32% to 4.9%). This shift in strategy could have implications for price stability in the long run.

最後，回購分配從AF的增加（從4.32％增加到4.9％）。從長遠來看，這種策略的這種轉變可能對價格穩定產生影響。