HYPE: Hyperliquid Buyback Model Wins Balchunas Praise

Eric Balchunas highlighted a podcast breakdown of Hyperliquid where 99 percent of fees flow directly into HYPE token repurchases, calling the structure Hansel-level hot.

Price sits at $68.0 inside the Bollinger Bands with upper resistance at $69.35. The 50-EMA at $60.28 and 200-EMA at $51.03 anchor the bullish trend while MACD registers a golden cross at 1.95. With RSI(14) at 66.96, a measured pullback toward the 50-EMA support remains the highest-probability path before the next leg higher.