Hyperliquid token hits record high as analysts warn of short‑term pause; Ethereum drops into oversold territory

Hyperliquid (HYPE) surged to an all‑time high near $76, breaking higher highs and staying well above its 50‑, 100‑ and 200‑day moving averages. Technical indicators, including an RSI above 76 and a wide gap between price and averages, suggest the rally may need a brief cooling‑off, with a consolidating range of $65‑$75 viewed as a healthy reset.

Ethereum (ETH) fell below $2,000, slipping into oversold territory as its RSI approached 29. Despite the decline, the asset retains upside potential if it can recover toward its 50‑day moving average around $2,110 and the 100‑day average near $2,230.

Separately, the Zero Knowledge Proof (ZKP) project attracted attention after a keynote by Kevin O’Leary, who highlighted AI‑generated misinformation and promoted ZKP’s ability to verify computations without exposing data. The founders have committed $100 million of their own capital to the project’s presale, covering infrastructure, validator devices and domain costs.