HYPE: Weekly Close Eyes $57 Retest

HYPE eyes a weekly close above $57 after a clean retest of the previous ATH level as the macro uptrend stays intact despite widespread calls for a drop into the 30s. Hundreds of millions in spot supply vanished over the past month while $PURR continues removing tokens and daily burns hit 2 million, anchoring structure on higher timeframes. On the 4h chart price at $63.0 trades above EMA50 support at $60.14 and EMA200 at $56.67 in a bullish trend with MACD golden cross at 0.67 while testing upper Bollinger resistance at $62.16, pointing to continuation unless volatility exhausts into a measured retracement toward the 50-EMA. HYPE price prediction models now factor this confluence alongside broader crypto market structure and hyperliquid weekly close dynamics.