The price of HYPE has fallen by 10.68% in 7 days and 67% from its record high of $35.20, due to increasing bearish market pressure.Hyperliquid is experiencing liquidity problems, causing difficulties for traders to execute orders without significant price shifts.69% of traders expect further price declines and have low confidence in a price rebound, creating a largely bearish market sentiment.HYPE and Hyperliquid are in a delicate state, and traders are anxiously awaiting the future direction of the market.