Analysis of Hyperliquid HYPE Unlock Event
- Unlock Event Overview: Hyperliquid's HYPE is set to unlock on June 6, with an originally scheduled supply of $675 million, but the team plans to claim only about $38 million (approximately 0.24% of circulating supply), which will help alleviate market supply pressure.
- Core Contributor Allocation: Approximately 238 million HYPE (23.8% of the maximum supply) is allocated to Core Contributors, with vesting beginning monthly after a one-year cliff starting in November 2025, indicating a long-term allocation that could influence future supply dynamics.
- Supply Reduction Measures: The Hyperliquid Assistance Fund has acquired and burned 44.35 million HYPE (about 4.4% of initial supply) and raised its fee allocation to 99%, which will further reduce circulating supply and enhance market confidence.
- Market Risk Assessment: Despite the reduced intended claim, the market must remain vigilant regarding last-minute claim changes and large transfers to exchanges, as these could exacerbate market volatility and impact price stability.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 1 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00212 | 0.00229 | 0.00244 | 0.00262 | 0.00276 | 0.00294 | 0.00308 |
| Fibonacci | 0.00229 | 0.00242 | 0.00249 | 0.00262 | 0.00274 | 0.00281 | 0.00294 |
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