Hyperliquid expands beyond buybacks with debut CPI prediction market

Hyperliquid (HYPE) is pulling back after a sharp rally but remains near record highs around $64.32. Spot demand is strong, open interest is near $3 billion, and funding rates are positive, which suggests the move may be a consolidation rather than a trend break. The weekly chart is still bullish, with resistance targets near $72.84 and $89.93 and a possible path toward $100 if support holds.
AI Analysis
The article reports a pullback after a rally, but also says spot demand is strong, open interest is rising, and funding rates are positive. It is mainly a price/technical update with no new fundamental catalyst, so short-term trading impact is moderate but not high.