Hyperliquid Price Slips Below the $69.70 200-Day Average as Sellers Press the Last Support Zone

Three Things to Know Hyperliquid kept sliding this month even after fresh exchange listings and a reopening of withdrawals on Binance. HYPE has dipped just under its 200-day average, the same line that launched a rally in the spring. Everything now hinges on whether buyers can hold a tight support band in the high $60s. Hyperliquid's token slipped beneath its 200-day moving average this week. New listings in South Korea and strong buyback revenue failed to stop the decline. That matters because HYPE has leaned on this line before, and the last test ended in a multi-month rally. This time, momentum is weaker and whales have already sold. Traders now want to know whether buyers will defend the floor again or let price drop toward summer lows.

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