Hyperliquid price weakens below $26 as oversold signals fail to stop bears
Hyperliquid price falls below $26 and enters oversold territory, but bearish structure remains intact, increasing the risk of a deeper correction toward lower support levels.
Summary
Hyperliquid price loses critical $26 support, confirming bearish continuation.
RSI enters oversold territory without structural reversal signals.
Downside risk increases toward the $19 high-time-frame support.
Hyperliquid (HYPE) price is showing increasing technical weakness after losing the critical $26 support level, pushing price into oversold conditions while maintaining a firmly bearish market structure. Although oversold readings can sometimes precede short-term bounces, current price behavior suggests that sellers remain firmly in control.
With structural support now broken and downside liquidity still untested, the risk of a deeper corrective move continues to grow.
Hyperliquid price key technical points
$26 support has been lost on a closing basis, confirming bearish continuation.
RSI has entered oversold territory, but momentum remains negative.
Next major downside support sits near $19, where resting liquidity remains untapped.
HYPEUSDT (1D) Chart, Source:
TradingView
The recent loss of the$26 support levelrepresents a significant technical breakdown for Hyperliquid. This zone previously acted as the final area of structural support capable of producing a meaningful upside rotation. Once the price falls below this level, the probability of bullish continuation declines significantly.
From a price-action perspective, the breakdown has reinforced the prevailing bearish trend. Hyperliquid continues to printlower highs and lower lows, a classic indication that sellers remain in full control.
The loss of $26 confirms that prior demand has failed to absorb selling pressure, allowing price to move into a lower-value region,even as Hyper Foundation proposes burning all HYPE held in its Hyperliquid Assistance Fund, highlighting the disconnect between tokenomics developments and near-term price weakness.
The next area of interest lies near$19, which represents the next high-time-frame support zone. Importantly, this region has not been tested in the current move, meaningresting liquidity remains intact. Markets tend to seek out such untapped liquidity, particularly during aggressive downtrends. As a result, the probability of price rotating lower toward this level has increased following the breakdown.
One factor that may attract traders’ attention is the Relative Strength Index (RSI), which is currently in oversold territory. While oversold conditions often raise expectations of a bounce, they do not, on their own, signal a trend reversal. In strong downtrends, oscillators can remain oversold for extended periods while price continues to decline. Without a shift in market structure, oversold readings tend to reflect trend strength rather than exhaustion.
This distinction is critical for Hyperliquid. Despite the oversold RSI, there is currentlyno structural evidence of a reversal. Price has not reclaimed any key resistance levels, volume remains skewed toward the sell side, and downside momentum continues to dominate. Until these conditions change, any short-term relief rallies are more likely to be corrective rather than impulsive.
From a market-structure standpoint, the breakdown below $26 has removed the last meaningful support before price enters a low-liquidity zone. This increases the likelihood of an accelerated move lower, particularly if selling pressure intensifies or broader market conditions weaken.
Such moves often take the form of capitulation-style price action, where price rapidly moves into lower support regions to clear remaining liquidity, even as Hyperliquid Strategies announces a $30M buyback aimed at supporting its HYPE-linked stock, underscoring the gap between corporate actions and near-term price dynamics.
What to expect in the coming price action
As long as Hyperliquid remains below $26, bearish continuation remains the higher-probability scenario. Oversold conditions alone are not sufficient to signal a reversal. A move toward the $19 support zone appears increasingly likely unless price can reclaim lost structure with substantial volume and momentum.
. “HYPE Token Today – Buy, Hold, or Sell?”
Current Price Estimate: Around $29–$34 USD (varies across data sources). 
• Market Cap: Several billions USD, making HYPE a top DeFi/DEX token by market value. 
• Recent Trend: HYPE has seen strong growth historically (from lows to all-time highs near ~$59), but price has pullback and mixed signals lately. 
• Volatility: The token remains volatile — sharp moves up and down due to sentiment and trading activity. 
• Market Position: It’s heavily tied to the Hyperliquid DEX/perpetuals ecosystem, where volume and fee growth help support long-term value. 
• Institutional Interest: Reports show moves toward mainstream exposure, including an ETF filing tracking HYPE — a possible long-term catalyst. 
⸻
📈 Key Levels – What to Watch
💠 Support Zones:
• Around $30–$32 — key support area where buyers tend to step in. 
• Next support if breakdown: $27–$28 — potential deeper floor. 
🔴 Resistance Zones:
• Around $38–$40 — near-term resistance. 
• Above that: $45–$50+ — strong resistance / previous highs. 
⸻
🎯 Short-Term Signal (Next Days/Weeks)
⚠️ Neutral-Bearish Bias (Current)
• The trend over the past few weeks shows mixed signals with downward pressure.
• Price bouncing around support and resistance may continue sideways range.
• If price breaks below ~$30 support with volume → potential continuation lower toward ~$27–$28. 
🟢 Bullish Breakout (If Confirmed)
• Bullish signal would be a break and close above ~$38–$40 with solid volume.
• That could lead toward $45–$50+ upside if sentiment picks up. 
📌 Long-Term vs Short-Term View
✅ Long-Term (Bullish Potential)
HYPE has structural growth drivers: platform buybacks, ecosystem expansion, institutional flows, and even potential ETF linkage — all supportive for long-term holders. 
⚠ Short-Term (Volatile)
Expect swings, consolidations, and range-bound price unless a strong catalyst hits news or market sentiment turns strongly positive.
Crypto prices today (Dec. 18): BTC, XRP, DOGE, HYPE slide amid Wall Street-driven sell-off
Crypto prices today dipped due to a pullback in U.S. equities that pushed investors away from risk assets.
Summary
Crypto prices fell, dragging the market down to just over $3T.
Tech stock declines fueled crypto losses and volatility.
Analysts see continued pressure, but BTC may rebound if conditions ease.
The total crypto market value fell about 1% on the day to $3.01 trillion. Bitcoin was trading near $86,816 at press time, down 0.5% over the past 24 hours. Ethereum posted a steeper drop, falling roughly 3% to $2,838.
Losses were heavier across major altcoins. XRP slipped 3.4% to $1.86, while Dogecoin fell 4% to $0.1255. Hyperliquid saw one of the sharpest moves among larger tokens, down about 8% to $24. Market sentiment remained fragile. The Crypto Fear Greed Index rose one point to 17, but stayed firmly in “extreme fear” territory.
Derivatives markets pointed to continued pressure. CoinGlass data showed 24-hour liquidations jumping 126% to $536 million. Open interest across the crypto market declined 1.22% to $124 billion, suggesting traders were reducing leverage.
The average crypto market relative strength index hovered around 34, close to neutral but leaning weak.
Tech sell-off and market risk
The latest downturn came alongside a Dec. 17 sell-off in U.S. stocks, led by tech names. The Nasdaq tumbled 1.9% after Nvidia, Broadcom, Oracle, and Alphabet all posted sharp losses on valuation concerns, rising costs, and slower-than-expected AI profitability. Dropping about 1.2%, the SP 500 also hit a three-week low.
Crypto has increasingly tracked moves in tech stocks this year, and the latest equity pullback spilled into digital assets. As stocks fell, traders rotated out of higher-risk positions, triggering further downside in leveraged crypto markets.
Short-term outlook and analyst views
Bitcoin continues to trade in a wide consolidation range after failing to hold recent highs. Many traders are watching the $85,000–$86,000 zone as near-term support, with resistance seen just below $90,000. A break in either direction could set the tone for year-end, when liquidity typically thins.
Selling pressure appears to have picked up from longer-term holders. Wu Blockchain, citing K33 Research, reported that roughly $300 billion worth of previously dormant Bitcoin has entered the market this year. Over the past month, long-term holder selling has reached its highest level in five years.
K33 Research data shows that in 2025 alone, nearly $300 billion worth of previously dormant Bitcoin re-entered circulation. CryptoQuant reports that the past 30 days have seen one of the heaviest distributions by long-term holders in more than five years. Previously, this selling…— Wu Blockchain (@WuBlockchain)
December 17, 2025
Earlier in the cycle, inflows into spot Bitcoin exchange-traded funds helped absorb much of that supply. More recently, ETF demand has cooled, while derivatives activity and retail participation have also eased, leaving the market more exposed to spot selling.
Julio Moreno, head analyst at CryptoQuant, noted that Bitcoin’s current cycle is past its peak. He said the focus should be on demand waves rather than the halving alone. According to Moreno, BTC is now descending toward a low point in the cycle, making the recent volatility part of a broader corrective phase rather than an isolated shock.
Despite the short-term weakness, some analysts maintain a constructive view on Bitcoin over a longer horizon. Bitwise chief investment officer said he expects Bitcoin’s volatility to fall below that of Nvidia next year as institutional participation grows. He also forecasts a new all-time high for BTC, even as near-term price action remains uneven.
For now, markets are watching for the U.S. CPI data release and the Bank of Japan’s policy decision this week, which are likely to influence risk sentiment in the short-term.