HYPE: Drops 4% to $43 on Regulatory Scrutiny

HYPE slipped 4% from $45 to $43 after CME and NYSE urged US regulators to intensify scrutiny on Hyperliquid. Polymarket address "asssdfc" transferred 8.826 million USDC into the platform 20 minutes after the news and opened a $7 million short on HYPE.

Traders updating HYPE price prediction models now weigh fresh regulatory risks against the broader crypto market crash backdrop seen over the past year. The 4h chart shows price at $44.65 respecting the EMA50 support at $42.26 and EMA200 at $41.35 while the MACD golden cross at 0.99 keeps the bullish structure intact; RSI at 59.01 leaves room before overbought conditions, so any test of upper Bollinger resistance at $47.39 could trigger a measured retracement toward the 50-EMA before the next leg higher.