Experts Say Hype Is More Undervalued Now Than at $13, 21Shares Files 2X Hyperliquid ETF

Key Insights: Hyperliquid (HYPE) traded near $37 on Thursday, slipping about 6% for the week as selling pressure persisted. Analysts said bearish sentiment had deepened across the derivatives market, adding weight to the token’s decline. Market data showed open interest falling and funding rates turning negative, both signs that traders were losing confidence source: https://www.thecoinrepublic.com/2025/10/17/experts-say-hype-is-more-undervalued-now-than-at-13-21shares-files-2x-hyperliquid-etf/