February 28 News: Hyperliquid’s price faces resistance at high levels again, forming a macro “lower high” structure, with ongoing correction pressure increasing. After failing to regain a key volume zone, technical indicators point to the next significant support area around $22.
From a higher time frame, Hyperliquid remains in a clear bearish structure. The price has rebounded multiple times but continues to make lower highs, with no substantial trend reversal. Recent rebounds around $35 encountered resistance at this level, which coincides with the volume-weighted average price (VWAP) and the high point of the value area, forming a strong resonance resistance zone. The price pulled back under pressure, indicating sellers still hold the dominant position.
After being blocked, the market retreated to the Point of Control (POC). The POC represents the most traded price area within the current range, often serving as a key dividing line between bulls and bears. However, Hyperliquid failed to stabilize above the POC and instead broke below this volume support, suggesting insufficient demand and increasing likelihood of trend continuation.
Following the loss of POC support, the market entered a new correction phase. Technical structure shows that if the price continues to trade below the POC and faces resistance at higher cycle levels, liquidity may shift down to the $22–$21 range. This zone is not only a previous swing low but also a potential phase panic release area, regarded as an important medium- to long-term demand test zone.
(Source: TradingView)
For investors monitoring Hyperliquid’s price trend, whether $22 can form an effective support will be a key point in judging whether the trend will further deteriorate. A volume-supported rebound in this area could create conditions for subsequent structural recovery; if it fails to hold, deeper correction risks should be watched. Under the current technical landscape, the market remains cautious.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Hits '555' Price Point as Crypto Markets See Heavy Sell-Off - U.Today
Shiba Inu tested the $0.00000555 level at one point early Saturday as cryptocurrencies intensified an earlier sell-off.
Shortly after testing the $0.00000555 price point, Shiba Inu further fell to an intraday low of $0.00000544, near where it trades at press time.
Cryptocurrencies extended an earl
UToday8m ago
Pi Network Rolls Out Phase 2 Protocol Upgrades With Mandatory Node Deadline
Pi Network set March 1 as the mandatory deadline for Step 2 upgrades, and Mainnet nodes that miss it risk losing network connectivity.
The update advances Pi’s protocol path toward newer Stellar consensus versions, with the Core Team targeting version 23 by June 2026.
Pi Network has
CryptoNewsFlash17m ago
x402 Triopoly: Solana, Base, Polygon Lead Agent Payments
Cryptocurrency is entering a new competitive phase as artificial intelligence-driven payments move to the forefront. Machine-to-machine transactions are no longer theoretical. Developers are actively building infrastructure that allows AI agents to transact independently, creating a fresh
Coinfomania22m ago
Does Jianjie have "manipulation" of BTC? Breaking down the AP system to understand the pricing power game behind ETF subscription and redemption mechanisms
Written by: Eddie Xin, Chief Analyst at OSL Group
"They were fcking us the whole time."
This phrase, circulated on Reddit and Crypto Twitter (CT) after the lawsuit, accompanied by an epic short squeeze with a liquidation scale of over $240 billion, directed market anger at the same target: Jane Street Capital.
At 10 AM, the liquidity freeze that had persisted in Asian markets for the past few months was finally partially lifted with the release of the U.S. Department of Justice's complaint. It all began with the founding of Wall Street's top market maker, Jane Street Capital, established in 2000, which is accused of engaging in targeted market manipulation through...
PANews49m ago
Stellar Death Cross Emerges on XLM Chart as Price Falls 10% - U.Today
A death cross has emerged on Stellar’s (XLM) technical chart as the asset’s price plunged by a massive 10% in the last 24 hours. The emergence of this signal worsens the already bearish outlook for Stellar, whose price has crashed by over 27.20% in the last 30 days.
Stellar's bearish momentum wors
UToday51m ago
Dogecoin to Close 5th Month in Losses as Price Falls 14% - U.Today
Dogecoin (DOGE) has seen a renewed price crash by a significant 14% in the last 30 days, setting the meme coin up for a record fifth month of losses. The king of meme coins has stayed in the red since October 2025, when it dipped by a massive 20% below its monthly average.
Dogecoin
UToday1h ago
