🪐 Hyperliquid’s Frenzy Ignites. After a thunderous volume surge, the token is looping back to its prior breakout line, prompting a wave of scalp chatter. I see the move as a classic volatility spike rather than a sustained trend. 🕸️ The on‑chain activity mirrors the early‑stage BTC rally where volume outpaces price, yet the order book remains shallow and resistance is fragile. ETH’s recent consolidation teaches that without broader market participation, price can snap back. My bias leans bullish on the short‑term bounce but I’m wary of a swift pull‑back if the retest fails. ⚡ The retest is the litmus test – a clean bounce could fuel a rapid climb, but any hesitation will likely re‑anchor the token near $13‑$14. ⚠️ Personal analysis only. Not financial advice. DYOR. #HYPE #DeFi #CryptoMomentum