Cahnu

As my profile and post history has shown, I'm a massive $HYPE bull. Even I can look at the upcoming unlocks and recognize PA is saying we are at a mid term top until we see where price settles with that added sell pressure. For a breakdown, almost 500m worth of HYPE is unlocked as of 29 NOV. AF averages 2-3m/day with some outliers such as the recent 8m day. Even at 5m/day it would take the AF 4-5 months to absorb that kind of pressure if all was to be sold. Not saying all will be sold but the odds that some of it will is pretty high IMO. We've had a great run since the beginning of the year for anyone who's held this with me. $15 -> $49.5 I'm still a big believer in them long term but I'm fully hedging my spot position here and will be patiently waiting for the moment to get aggressive again. Likely late q4 or q1 2026 IMO.

Awful timing on this so far but I'm confident I close this comfy in profit if I'm patient.

HYPE is a completely different asset, and cheaper at $38 than it was at the same price last year due to the diversification of revenues and expansion of the product the offering. HYPE is still very under owned. Hyperliquid

The water in Japan is way too clean even during a flood lol

$HYPE We got rejected twice at $38.5 so clearly sellers are sitting around that area. If we reclaim $38.5 and hold above, I expect a move back to $40+ pretty fast. Still looks more like a healthy pullback after a strong impulse, honestly wouldn’t mind a sweep below $36 first and then a move up. If you want to win, you want to be on Hyperliquid.

I was looking at making a massive allocation into $HYPE for the next cycle. I decided against it. The product is great. The coin is great. But the math for a 10x is harder than alternatives. Here is my breakdown👇 My problem with HYPE is that it's too consensus. Everyone loves it. It's only down 45% from its ATH. When SOL and ETH went 30x+ on their runs, they started from -95% from ATH. People were being mocked for buying them for weeks/months. In my experience in crypto, if buying for a long term hold and your entry feels warm and comfortable then usually something is up. Could hype be the exception? Sure, it definitely could be. But let's look at the numbers. $8B Market Cap. $31B FDV. That gap means there is a massive wave of dilution coming. To hit my target of a 10x return, $HYPE would need to reach $80B Market Cap BEFORE it spits out 75% of the coins which are currently locked. This is a huge headwind. For context, $SOL was the undisputed leader of the last run and peaked at a $150B Market Cap. Literally everything went right for it too. My philosophy is: Be early, or be contrarian... and then be right. When you are both, that is where the 10x opportunities live. Unfortunately, I don’t believe $HYPE is the best oppty to hit that goal. Best of luck to everyone in it. Great project, but just not for me at this price. If for some reason it goes to $15ish and i have cash left I'll consider it.

Global bonds dying again, duration is cooked😼