Market Snapshot: BTC decreased by 4.38% to $71,137, ETH dropped by 5.74% to $2,200.98, while Hyperliquid platform token HYPE only retreated by 1.12%, still maintaining high activity with a 24-hour trading volume of $3.206B and 76.53 million tokens exchanged.

1. Macro Analysis of Hot Events / News Breakdown

"Dull" Assets in Systematic Pullback: AiCoin data shows that BTC and ETH recorded net outflows of -$1.806 billion and -$278 million respectively, while HYPE's net outflow was only $95.75 million, accounting for 2.99% of the day's trading. This indicates that, in the overall withdrawal environment, funds from the Hyperliquid ecosystem did not leave in large quantities but only made passive reductions.

Support from Volume and Price Flywheel: Hyperliquid's perpetual matching volume remained high across multiple assets on the day of the pullback, with transaction fee revenue converted into HYPE repurchase and incentive pool replenishment, which gives the platform token a natural "income floor." The larger the transaction volume → the more transaction fees → the more active the HYPE repurchase → allowing bulls to bravely buy at dips during downtrends is the core of its defensive capacity.

Self-Market Making + Authorized Depth: The one-click authorization on Hyperliquid's PC end has become the default entry point for quantitative/market making teams. Even if the market fluctuates, market-making strategies still require holding HYPE to participate in governance/revenue, thus the liquidity of chips is concentrated internally, reducing severe panic selling.

2. In-depth Analysis of Tokens

Key Indicators: HYPE is priced at $41.36, with a 7-day increase of 14.95% and a circulating market cap of $13.81 billion. The 24-hour trading volume is $3.207 billion with 76.53 million tokens exchanged, which is approximately 22.9% of the circulating supply, indicating that turnover remains healthy.

Comparison with Major Coins: The net outflows of BTC/ETH accounted for 3.42% and 0.52% of their trading volumes respectively, while HYPE only accounted for 2.99%, indicating it has been able to retain more active buy-side chips under selling pressure. The relative strength of HYPE/BTC (41.36 ÷ 71,137) has reached 0.000581, higher than yesterday's 0.000566, quantitatively reflecting its defensive power.

Source of Buy Orders: AiCoin's Hot Spot List shows that major players prefer "long HYPE/short BTC" or "HYPE + AI Agent" combinations within the Hyperliquid ecosystem, leveraging platform rebates and repurchase expectations to lower holding costs. Although short-term funds have reduced positions, long-term positions (DAO, market making) have not loosened.

3. Technical Analysis

Structural Observation: The 7-day increase of 14.95% for AiCoin corresponds to a price of about $36 a week ago, meaning HYPE has risen from the center of $36 to over $41 in the past week. This recent drop only retreated to around $41, still standing within an upward phase.

Relative Strength: The HYPE/BTC ratio increased by 2.6% during the day. Even when BTC falls back, HYPE still maintains relatively high points, highlighting the relative profits of the platform token.

Key Levels: The lower support is focused on the $40 integer level and $36 (near the seven-day average). If it drops below $36, it represents a reversal of the phase trend; the upper resistance is in the $42-$42.5 range, and only a breakthrough can restart a new round of upward movement.

Strategic Recommendations: Bulls can accumulate in batches in the $40-$41 range and use Hyperliquid's funding rate as a trigger for adding or reducing positions; if looking short-term bearish, wait for volume and price divergence around $42 to hedge, and avoid chasing shorts below $40.

4. AiCoin PC Authorization Trading Recommendations

1) Open AiCoin PC → Search for "Hyperliquid" → Use invitation code AICOIN88 for one-click authorization, receiving a 4% transaction fee rebate and unified margin risk control.

2) Lock in the HYPE/BTC relative strength indicator and funding rate curve in your watchlist to confirm in real-time whether the "long HYPE/short BTC" combination continues to be effective.

3) Use AiCoin PC's "Funding Flow Dashboard + Order Book" for comparison. When HYPE's net outflow accounts for less than 3% of trading, and the depth of buy 3/sell 3 is close, it can be seen as a bullish accumulation signal; if net outflow exceeds 5%, leverage needs to be reduced.

4) Hedging Idea: If worried about systematic pullbacks, additional BTC/SOL short orders can be added on Hyperliquid, using AiCoin's multi-label position panel to set group-level stop losses.

5. AiCoin × Hyperliquid Lightning Order: Extreme Market Conditions in 3 Seconds, One-Click Market Opening Does Not Miss Any Opportunity

For highly volatile products like Bitcoin perpetuals, prices can fluctuate by hundreds of dollars within seconds. Traditional ordering requires inputting quantities, selecting directions, confirming orders—by the time you finish clicking, the opportunity has already slipped away.

AiCoin's exclusive Lightning Order directly pushes the ordering speed to the limit:

 

• Hovering K-line Quick Panel: Shows "Buy Long / Sell Short / Close Position" three large buttons at any time on the chart, no need to switch any interface.
• One-Click Market Execution: Clicking "Buy Long" or "Sell Short" instantly sends out a market order, with the system executing within seconds, completing the opening before spikes or surges.
• Zero Input Zero Delay: No need to manually input quantities or prices, directly one-click order, suitable for super volatile markets like HYPE.
• Perfectly Adapted to Hyperliquid: Real-time synchronization of platform depth and funding rates, instant display of position gains and losses after placing orders, analysis + trading without switching.

Actual Operations are Super Simple:

1. Open AiCoin and view the Hyperliquid HYPE/USDC K-line

2. Open Lightning Order from the chart toolbar

3. Directly click the green "Buy Long" or red "Sell Short" → Instant transaction

Conclusion

HYPE's defensive capacity comes from the volume-price closed loop within the Hyperliquid ecosystem. It is essential to utilize AiCoin PC's risk control tools to monitor funding flow and margins at any time.

Take Action Now

Open AiCoin → Search for Hyperliquid HYPE/USDC perpetual → Open Lightning Order panel → Surge with the trend!

Exclusive Benefits: By authorizing and binding your invitation on AiCoin, you can also enjoy transaction fee rebates!

Open AiCoin now, authorize your Hyperliquid account, seize this bull market, and let profits run!

https://app.hyperliquid.xyz/join/AICOIN88

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