Hyperliquid Price Plummets as Bearish Trend Engulfs Market

Hyperliquid’s price is facing significant pressure, with a decline to near $33 threatening its crucial support level of $19. This downward trend, fueled by waning bullish volume and market instability, has led to analysts predicting a 25% drop by year-end. The extreme fear sentiment gripping the market is particularly evident in Hyperliquid’s price action, reflected by the Fear & Greed Index of 23. )}$,