$3.6M HYPE Exodus from Exchanges: Is This the Quiet Before an Explosive Market Surge?

$3.6M HYPE Exodus from Exchanges: Is This the Quiet Before an Explosive Market Surge?

The current level aligns with an ascending trendline that HYPE has followed since May 2025. This is the fourth time the asset has tested this level, which appears to be a bullish sign for token holders.

HYPE price action

Source: TradingView

This level has a strong history of price reversals; the daily chart reveals that whenever HYPE reached this zone, it consistently showed upside momentum.

Based on the asset’s past performance, HYPE appears to be repeating this pattern again.

If this happens, there is a strong possibility that HYPE could make a new high this time.

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