超流体[炒作]的下降尚未停止

高流动性[HYPE]的下降尚未停止，即使自4月7日低点以来的价格上涨了50.8％。

The downtrend of Hyperliquid [HYPE] has not halted, even though the price has jumped by 50.8% since the lows on the 7th of April. To shift the structure bullishly, the price must climb above the recent lower high at $16.76.

高流动性[HYPE]的下降尚未停止，即使自4月7日低点以来的价格上涨了50.8％。为了看涨结构，价格必须攀升到最近的低价高于16.76美元的高处。

The short-term upward momentum and buying pressure could help achieve this outcome. Bitcoin [BTC] has also moved beyond $80k and could push higher if the market sentiment can remain positive in the short term.

短期的上升势头和购买压力可以帮助实现这一结果。比特币[BTC]也已超过8万美元，如果市场情绪在短期内保持积极，可能会推高更高。

HYPE investors cautiously optimistic despite market conditions

尽管市场状况

Image: HYPE/USDT on TradingView

图片：交易中的炒作/USDT

Based on the recent drop from $17.34 to $9.29, a set of Fibonacci retracement levels were plotted. They marked the $14.27 and $15.62 levels as the key retracement levels for the bulls to breach.

根据最近从17.34美元下降到9.29美元的下跌，绘制了一套斐波那契回溯水平。他们将$ 14.27和15.62美元的水平标记为公牛违反的关键回撤水平。

The CMF on the daily chart floated just below the -0.05 level to indicate heavy capital outflow. The MACD was also well below the zero line, though there was a bullish crossover between the MACD line and the signal line.

每日图表上的CMF漂浮在-0.05级以下，以表明大量资本流出。 MACD也远低于零线，尽管MACD线和信号线之间有一个看涨的交叉。

Together, the indicators pointed toward weak bullishness and prevalent selling pressure. A recovery was not likely in these conditions.

这些指标共同指出了看涨和普遍的销售压力。在这些条件下，恢复不太可能。

Image: HYPE/USDT on TradingView

图片：交易中的炒作/USDT

However, the situation was different on the lower timeframe. The 4-hour chart showed a bullish market structure after Hyperliquid token prices surged beyond $11.46 on the 8th of April.

但是，在较低的时间范围内情况有所不同。 4小时的图表显示，在4月8日超过11.46美元以上的啤酒式代币价格飙升之后，看涨的市场结构。

At the same time, the CMF signaled sizable buying pressure, and the MACD showed strong upward momentum.

同时，CMF表示强大的购买压力，MACD表现出强大的向上势头。

If this performance can continue, the Fibonacci retracement levels overhead might not be unassailable. With that said, since the higher timeframe was bearish, traders and investors can be cautiously optimistic.

如果这种性能可以继续，则斐波那契回撤水平开销可能是无懈可击的。话虽如此，由于较高的时间表是看跌，因此交易者和投资者可能会谨慎乐观。

A swing buy opportunity can open up once the $15.6 level is flipped from resistance to support.

一旦$ 15.6的水平从阻力转换为支持，就可以打开摇摆的购买机会。

Image: Coinglass

图像：小店

The 1-month liquidation heatmap marked the $14.6-$15.7 region as a magnetic zone, with the former being the stronger one. This meant that a price move to $14.6 was highly likely in the short term.

为期1个月的清算热图将$ 14.6- $ 15.7的区域标记为磁性区域，前者是较强的区域。这意味着在短期内，价格上涨至14.6美元。

Thereafter, expectations should be dependent on Bitcoin and the wider market sentiment. As things stand, a move beyond the $15-$16 region could be difficult due to the trend on the 1-day chart.

此后，期望应取决于比特币和更广泛的市场情绪。从事实看来，由于1天图表的趋势，超出15美元至16美元的地区可能很困难。

To the south, the $12 level saw a large amount of liquidations build up over the past three days. Hence, it would be the target in the event of the 4-hour trend changes.

在南部，这12美元的水平在过去三天内积累了大量清算。因此，在4小时趋势变化的情况下，这将是目标。