#BinanceTurns8

Hyperliquid (HYPE/USDT) at a Crossroad: The Bears Appear to Be Taking Over

The market for Hyperliquid against Tether appears to be currently showing signs of consolidation with a potential for a continuation or pullback.

However, the price has recently encountered resistance around $38.92 and has faced downward pressure, bringing the price closer to the $37.50 range. This could indicate a correction or retracement after a period of bullish momentum from late May to early July.