Hyperliquid token HYPE continues to rebound, rising almost 3% on the previous day of trade and about 2% on Thursday. With the recovery in prices, the holding stock of businesses continued to increase, as did the futures unsettled contracts and trade volumes, and the market was concerned about their performance in the vicinity of $58.

The business hold has continued to grow.

According to the data disclosed in the paper, the digital asset bank with hype is still expanding its exposure. The holdings of Hyperliquid Strategies increased from 12.5 million in January to 17.6 million, and the market value of the warehouses rose from $703 million at the end of the quarter to about $980 million in the second quarter.

The Hypeion DeFi HYPE holdout increased from 1.88 million to 1.93 million. Its warehouse value rose from $770 million at the end of the quarter to $107 million in the second quarter, an increase of approximately $31 million against fair value.

Such long-standing corporate funds usually generate more stable demand for tokens. However, if the holdout is too concentrated, subsequent reductions in some companies may also magnify the voltage.

The futures hold and the futures are being scaled up in tandem with the trade.

The CoinGlass data show that, over the past 24 hours, the outstanding futures contract for HYPE has grown by more than 4 per cent to $2.39 billion; the turnover has increased by 45 per cent over the same period to $1.6 billion. The simultaneous rise in prices, turnover and unsettled contracts usually means that additional funds are coming in, rather than just a rebound from the old silo.

Clearing data also show a large number of short-lines. In the past 24 hours, the amount of empty liquidations was approximately $13.34 million, significantly higher than the excess of $251 million, indicating that some of the empty leverage positions had been forced to leave during the price up.

In addition, the HYPE fund rate was maintained at a positive range of 0.008 per cent. Positive fund rates usually mean that many people are willing to pay a premium to keep their positions. However, the increase in the level of leverage can also increase volatility, and when prices suddenly fall, multiple liquidation pressures may re-emerge.

A short-line focus around $58.

From the technical location mentioned in the text, the hype is still operating at the 200-day average of 51.29 United States dollars above the upward trend of about 53.05 United States dollars, indicating that the mesotime support has not been destroyed.

Short-lines are more concerned about US$ 58.37 near the 50-day average. This area is considered to be the main current resistance. If the price station were at this level, the market would pay further attention to the upper supply area near US$ 62.58.

If USD 58.37 has not been recovered, HYPE may return to the vicinity of USD 53.05; if the position is not maintained, the bottom support is in the line of USD 51.29.