ChatGPT’s HYPE analysis has revealed HYPE declining -1.42% to $38.87, testing key $38.11 support below all key EMAs as Polymarket launches direct HYPE deposits on October 14 , while top trader James Wynn deposits $197K USDC, opening $4.8M long positions. The analysis synthesizes over 25 technical indicators while testing the $38.11 breakdown with institutional infrastructure expansion. Technical Analysis: Bearish Structure Below All EMAs HYPE at $38.87 reflects a -1.42% decline from $39.43 , with a volatile range between $41.19 (high) and $38.58 (low). Volume at 651.62K HYPE confirms steady selling pressure. Source: TradingView RSI at 43.82 approaches oversold. Moving averages show complete bearish alignment: 20-day at $43.80 ( +12.7% ), 50-day at $45.67 ( +17.5% ), 100-day at $44.02 ( +13.2% ). Dense EMA cluster creates formidable resistance. The MACD is deeply negative at -0.68, with a signal line at -2.50 and a histogram at -1.82 . ATR at 30.41 signals massive volatility. Down 35% from the October peak at $60.00 . Source: TradingView Market Context: Polymarket Integration Meets CEX Controversy Polymarket launched direct HYPE deposits on October 14 , connecting prediction markets with Hyperliquid’s perpetual futures. Integration eliminates bridges as Hyperliquid surpasses $1 trillion trading volume, serving 100,000 + traders. JUST IN: Hyperliquid deposits & withdrawals are now live on Polymarket. pic.twitter.com/NqenzCX0tT — Polymarket (@Polymarket) October 14, 2025 Additionally, the community notes that “ Hyperliquid performed flawlessly with $30M fees ” despite coordinated liquidation attempts following founder Jeff’s comment on CEX’s lack of transparency . Among new developments, the HIP-3 upgrade introduces permissionless market creation requiring 500,000 HYPE per operator. With this, Arete Capital projects buybacks removing 80-100K HYPE daily, shrinking float to ~220M , with 2026 model targeting $1.87B revenue and $45-$100 price at 15-20x P/E. The market seems to be in DEX season. While speaking with Cryptonews, Eva Oberholzer, CIO at Ajna Capital, notes, “ perpetual futures offer a timely use case for DEXs to onboard the next wave of DeFi users. ” At the same time, Andreas Brekken, founder of SideShift.ai, also emphasizes that “ is changing the game not because it’s decentralized but because it brings a whole new level of transparency. “ Market Fundamentals: Revenue Leadership Despite Correction HYPE maintains $13.08B market cap ( -3.65% ) with $38.84B fully diluted valuation. Volume declined -31.09% to $611.58M , producing 4.67% volume-to-market cap ratio. TVL reaches $5.50B . Circulating supply of 336.68M HYPE against 1B maximum indicates 33.7% circulation. Buybacks remove 80 – 100K HYPE daily. Hyperliquid generated more fees than every other chain combined, with BNB in second place and Ethereum in third. Historical trajectory: $213.89 (January) through $218.44 (September) before the October correction. The current $38.87 is a sharp decline from the $60.00 peak. Social Sentiment: Infrastructure Optimism Amid Price Weakness LunarCrush data reveals AltRank at 49 ( +291 ) during infrastructure developments. Galaxy Score of 44 ( +2 ) reflects stabilizing sentiment. Engagement metrics show 1.93 million total engagements ( +576.85K ) and 6.57K mentions ( +120 ). Social dominance of 0.75% ( +0.1% ) indicates growing discussion, while sentiment registers 83% positive ( +6% ). Analysts have identified the “ $39.72 – $47.38 zone” as key resistance. $HYPE : The price is now testing resistance in the $39.72 – 47.38 zone. The sell-off that was expected happened within one hour last Friday. It was not expected so fast, but completed potentially the yellow (c) wave. pic.twitter.com/SH1x0X3ifR — More Crypto Online (@Morecryptoonl) October 15, 2025 Arete Capital projects “ at $45 , HYPE trades below 10x forward earnings ” with “ 15 – 20x P/E implies $75 – $100 range,” supporting long-term thesis despite correction. ChatGPT’s HYPE Analysis: Key Support Test Amid DEX Infrastructure Expansion ChatGPT’s HYPE analysis reveals HYPE at key breakdown testing $38.11 support following failure at $40.00 . Immediate support at $38.11 , followed by major support at $35 – $37 range. Breaking these levels indicates a deeper correction toward $27 – $30 structural support. Resistance remains formidable with $40 – $41.19 immediate barrier, followed by a dense EMA cluster at $43.80 – $45.67 . Recovery requires decisive reclaim above $40.00 to invalidate bearish structure. Three-Month HYPE Price Forecast: Infrastructure Growth and Technical Scenarios Protocol Expansion Success (45% Probability) Hold above $38.11 combined with HIP- 3 adoption could drive recovery toward $47 – $52 , representing 21 – 34% upside. Requires reclaim of $43.80 EMA cluster and continued fee generation leadership. Extended Consolidation (35% Probability) Breakdown below $38.11 could result in $35 – $40 consolidation, allowing infrastructure development while testing structural support before catalyst-driven recovery. Deeper Correction (20% Probability) Failure at $38.11 could trigger selling toward $27 – $30 , representing 23 – 31% downside. Recovery depends on protocol adoption metrics and major support hold. ChatGPT’s HYPE Analysis: DEX Leadership Tests Technical Foundation ChatGPT’s HYPE analysis reveals HYPE at key support between protocol expansion and technical breakdown. Next Price Target: $35-$37 Within 30 Days, $47-$52 Within 90 Days Immediate trajectory requires hold above $38.11 to prevent breakdown toward $35 – $37 . From there, HIP-3 scaling and fee generation could push recovery toward $47 , with Polymarket expansion driving toward $52 + mid-October resistance reclaim. However, failure at $38.11 signals extended correction toward $27 – $30 , creating final accumulation before protocol maturation drives HYPE toward Arete Capital’s $75 – $100 targets on 15 – 20x P/E re-rating. The post ChatGPT’s HYPE Analysis: Key Support Hit as Polymarket Integration Launches – Can $35 Hold? appeared first on Cryptonews .
