Hyperliquid price remains under corrective pressure after forming another macro lower high near key resistance. Failure to reclaim critical volume levels now raises the probability of a move toward $22 support.

Hyperliquid (HYPE) price continues to trade within a broader bearish market structure, with recent price action reinforcing downside momentum rather than signaling recovery. Despite intermittent relief rallies, the asset has repeatedly failed to shift trend direction, leaving sellers firmly in control.

The latest rejection at high timeframe resistance confirms that the market remains in a corrective phase, with attention now turning toward lower support zones.

Hyperliquid price key technical points

• Macro Structure: Consecutive lower highs confirm ongoing bearish trend.
• Key Resistance: $35 region aligns with VWAP and value area high confluence.
• Downside Target: Loss of volume support exposes $22–$21 demand zone.

Hyperliquid’s recent price action reflects a continuation of macro bearish conditions. The market has consistently formed lower highs across higher timeframes, preventing any meaningful shift in trend structure. Each recovery attempt has been met with selling pressure, reinforcing resistance zones and maintaining downside bias.

The most recent rejection occurred near the $35 resistance region, where multiple technical factors converged. This level aligned with both the Volume Weighted Average Price (VWAP) and the Value Area High, creating a strong confluence resistance zone. Price reaction at this level confirmed seller dominance, initiating a rejection that pushed Hyperliquid back toward equilibrium within the current trading range.

Following the rejection, price rotated toward the Point of Control (POC), the area representing the highest traded volume within the range. The POC often acts as a critical decision point between continuation and reversal. However, Hyperliquid failed to reclaim this level on a closing basis. Instead, the market lost acceptance above the POC, signaling weakening demand and confirming bearish continuation rather than stabilization.

The loss of the POC triggered the current corrective phase now unfolding across lower timeframes. When markets lose key volume support, liquidity often shifts toward deeper demand zones where stronger buyer interest may exist. In Hyperliquid’s case, the next major level sits near $22–$21 support, which represents a significant swing low and potential capitulation zone.

As long as price remains below the POC and beneath high timeframe resistance, downside pressure is likely to persist. A move toward $22 would represent a logical rotational target within the prevailing structure. While such a decline may appear bearish, it would also serve as an important test of long-term demand. Strong reactions from this region could form the foundation for a broader recovery attempt.

However, failure to hold the $21 swing level would carry larger structural implications. A confirmed breakdown would establish a new macro lower low, reinforcing the ongoing bearish trend and extending downside projections. This scenario would confirm continuation of the dominant market structure that has defined Hyperliquid’s price behavior for several months.

Volume dynamics currently offer little support for a bullish reversal. Buying participation remains limited, and rallies continue to lack follow-through strength. Without expanding bullish volume or a reclaim of lost resistance levels, upside attempts are likely to remain corrective rather than impulsive.

From a broader perspective, Hyperliquid remains caught in a corrective environment where sellers continue to dictate market direction. Until structural resistance is reclaimed, price action is expected to gradually rotate lower as the market searches for stronger liquidity support, even as Hyperliquid has surpassed Coinbase in total notional trading volume, signaling a broader shift toward decentralized perpetual futures trading.

What to expect in the coming price action

Hyperliquid is likely to continue trading lower while price remains below the Point of Control and $35 resistance. The $22–$21 region becomes the key area to monitor, where either a reversal reaction may emerge or a breakdown could confirm continuation of the macro bearish trend.

XRP price outlook leans towards a market reset amid falling open interest and a spike in realized losses.

XRP (XRP) was trading at $1.39 at press time, down 5.4% over the past 24 hours, as the broader crypto market extended its February pullback.

The token has fallen 27% over the past week and is now down 38% year-over-year, marking a steep 62% retracement from its July 2025 all-time high of $3.65.

Price action throughout the month has been volatile. XRP saw brief upside bursts, including a roughly 6% rally tied to renewed institutional spot interest and ETF-related developments. Those gains were short-lived.

Selling pressure returned quickly, supporting the downtrend that has been in place since the $2.60–$2.80 region.

Lower highs and lower lows have defined the structure, and recent candles show the market attempting to stabilize after a sharp capitulation wick toward the $1.30 area.

Open interest drops as leverage unwinds

A Feb. 26 report from CryptoQuant contributor Arab Chain pointed to a steady contraction in XRP derivatives positioning. The 90-day open interest change metric shows that traders have reduced exposure across major venues.

Platforms such as Binance, Bybit, and Kraken have all recorded declines in open contracts over the past three months.

When open interest falls across several exchanges at once, it usually means leverage is being taken off the table. Positions are closed, risk is trimmed, and speculative liquidity leaves the market.

That type of contraction does not automatically point to another leg lower. In many cycles, the price first needs to flush excess leverage before it can form a more stable base.

On-chain data adds context. According to Santiment, XRP recently logged its largest realized loss spike since 2022. The last time weekly realized losses approached $1.93 billion, the asset rallied more than 100% in the months that followed.

📉 BREAKING: XRP has seen its largest on-chain realized loss spike since 2022. When the previous weekly milestone of -1.93B in realized losses occurred 39 months ago, $XRP proceeded to jump +114% over the next 8 months.

💸 Significant realized losses happen when a large number… pic.twitter.com/gPUU8fYfiY

— Santiment (@santimentfeed) February 21, 2026

Fear often drives investors to sell below their entry price, resulting in significant losses. Selling pressure may go down as fewer weak hands are left after a lot of holders leave.

There is no guarantee that the market will bounce back right away, but historically, these points happen close to major market turns.

XRP price technical analysis

On the daily chart, XRP remains in a downtrend, with lower highs forming consistently since late 2025. Recently, however, price behavior has changed. Instead of sharp red candles, the market is now consolidating within a tight range.

Bollinger Bands, which expanded during the selloff, have begun to contract. The price hovers near the 20-day moving average at $1.41, indicating a balance between buyers and sellers.

Momentum is starting to show signs of strain. The relative strength index has bounced back from oversold, but it is still below 50, which means that bulls haven’t fully taken over. A push above 50 would change the momentum in favor of buyers. 

A volatility squeeze appears to be developing, and expansion is likely to follow. The $1.50–$1.55 area stands as the key resistance zone. A clean break and daily close above it would invalidate the most recent lower high and open room toward $1.65 and potentially $1.80.

On the downside, $1.33 remains immediate support, with $1.28–$1.30 acting as the structural floor from the recent liquidity sweep.

SUI price is attempting a to reclaim a key psychological level as the 21Shares Spot SUI ETF begins trading on Nasdaq.

Sui was trading at $0.8786 at press time, up 3.4% in the past 24 hours. The token has struggled to reclaim the $1 psychological level in recent sessions.

Sui (SUI) has hovered between $0.8519 and $0.9783 over the past week. It has fallen about 8% in seven days and is down nearly 40% over the past month, showing continued selling pressure.

Spot volume reached $474 million, a 12% drop from the previous day, indicating weaker trading activity. CoinGlass data shows derivatives volume down 14% to $685 million, while open interest slipped 2.8% to $447 million, indicating leverage is cooling rather than expanding.

21Shares launches spot SUI ETF on Nasdaq

The minor price recovery comes as the 21Shares Spot SUI ETF (TSUI) launched on Nasdaq on Feb. 24.

The ETF allows U.S. investors to gain spot exposure to SUI through traditional brokerage accounts without directly holding the token. TSUI carries a 0.30% management fee, waived through October 2026, and launched with about $9.2 million in assets under management.

Today feels sweeter with Sui.💧

Introducing the 21shares Sui ETF (Ticker: TSUI).

This launch is designed to track the price of Sui – a high-performance platform where money moves as freely as messages.

Why @Suinetwork?
– Internet scale and performance: its high-speed, low-cost… pic.twitter.com/mxrWeLbX1s

— 21shares US (@21shares_us) February 24, 2026

TSUI is not registered under the Investment Company Act of 1940 and does not offer the same regulatory protections as ‘40 Act ETFs. The product follows 21Shares’ earlier 2x leveraged SUI ETF introduced in December 2025

Sui, which focuses on payments, tokenization, and DeFi tools, was founded by former members of Meta’s Diem and Libra projects.

The network has handled more than $100 billion in stablecoin transfers in the last six months. Its decentralized exchanges saw a volume of $6.5 billion over the past 30 days, indicating active on-chain use. 

ETF launches have often lifted crypto prices. Following the 2024 approval of Bitcoin ETFs, institutional capital poured in and liquidity rose, bolstering the market. The effect TSUI has on SUI’s price will probably depend on its ability to draw comparable inflows.

Sui price technical analysis

After falling from above $1.80 to about $0.85, SUI has been in a downward trend for several weeks. The daily chart indicates ongoing short-term weakness with lower highs and lows. 

The price currently trades below the 50-day and 20-day moving averages, which serve as resistance. A move back above the 50-day average near $0.94 would be the first signal that short-term momentum is shifting.

The relative strength index recently dipped into the low-30 range, indicating near-oversold conditions, and is now turning upward. At the same time, price has been hugging the lower Bollinger Band, and the bands are beginning to contract. That setup often precedes a volatility expansion.

A relief rally toward $0.94 may emerge if SUI maintains the $0.85–$0.87 support zone and buying volume rises in tandem with ETF-related inflows. A clean break above $1.00 would strengthen the case for a broader recovery toward the $1.03–$1.20 area.

However, if $0.85 fails to hold, the oversold bounce thesis weakens, and the price could extend lower as sellers regain control.

Ethereum price continues to weaken after losing key value levels, with bearish market structure increasing the probability of a breakdown toward new yearly lows.

Ethereum (ETH) price action remains under sustained pressure as technical signals continue to point toward a dominant bearish market structure. Since losing the value area high, Ethereum has consistently printed lower highs, confirming a trend of weakening bullish momentum and increasing seller control across multiple timeframes.

Recent price developments further reinforce this bearish outlook. Ethereum has now lost acceptance around the point of control (POC), a critical level that previously represented fair value within the trading range. Following this breakdown, price rotated lower into the value area low, positioning the market dangerously close to a major high-timeframe support zone near $1,820.

With momentum fading and structural weakness continuing to develop, traders are increasingly watching whether Ethereum can defend this support or if the market is preparing to establish a new yearly low.

Ethereum prive key technical points

• Consecutive lower highs confirm bearish structure: Sellers maintain control since loss of value area high
• Point of control lost: Market acceptance shifting lower within the range
• $1,820 support critical: Breakdown could trigger move toward $1,740 and new yearly lows

Ethereum’s technical outlook shifted decisively bearish following the loss of the value area high. Since that event, price has repeatedly failed to reclaim higher value, forming a clear sequence of lower highs, a classic indication of trend continuation to the downside.

Markets often reveal directional intent through value migration. In Ethereum’s case, value has progressively moved lower, suggesting that participants are willing to transact at decreasing price levels. This behavior reflects declining demand rather than temporary volatility.

The recent loss of the point of control adds further confirmation to this trend. The POC typically acts as a balance area between buyers and sellers, and losing it often signals a transition from consolidation into directional expansion. Ethereum’s rejection and subsequent move into the value area low suggest that sellers remain firmly in control of short-term market dynamics.

High-timeframe support at $1,820 under pressure

The next major battleground for Ethereum lies at the high-timeframe support near $1,820. This region represents one of the final structural supports preventing a deeper corrective phase. Price has already begun probing liquidity near this level, highlighting its importance as a decision zone.

Support levels tend to weaken after multiple tests, particularly when approached under bearish momentum. Ethereum’s current approach toward $1,820 is occurring alongside declining structure and limited bullish follow-through, increasing the likelihood that support may eventually give way.

If buyers fail to generate a strong reaction at this level, the market could transition into accelerated downside movement. A confirmed breakdown below $1,820 would signal acceptance beneath major support and open the path toward lower liquidity zones.

$1,740 emerges as next downside target

Should Ethereum lose the $1,820 level, the next logical technical objective sits near the $1,740 region. This area aligns with historical demand and represents a deeper corrective target within the broader bearish framework.

A move toward $1,740 would likely mark the establishment of a new yearly low, reinforcing the continuation of Ethereum’s high-timeframe downtrend. In trending markets, new lows often occur once key support fails, as liquidity beneath prior extremes becomes an attractive target for price discovery.

Importantly, this scenario does not necessarily imply panic selling but rather a continuation of structural rebalancing. Markets frequently revisit lower support zones before establishing long-term accumulation phases.

What to expect in the coming price action

From a technical, price action, and market structure perspective, Ethereum remains bearish while trading below lost value levels. As long as lower highs continue to form and the $1,820 support remains under pressure, the probability favors further downside expansion.

A confirmed loss of $1,820 would likely trigger a move toward $1,740 and potentially establish a new yearly low, while any recovery would require Ethereum to reclaim higher value zones and restore bullish momentum.

Democratic senators are calling for a national security review of a major foreign investment in World Liberty Financial, the crypto firm tied to Donald Trump and his family.

In a Feb. 13 letter to Treasury Secretary Scott Bessent, Senators Elizabeth Warren and Andy Kim urged the Committee on Foreign Investment in the United States to examine a reported $500 million stake linked to the United Arab Emirates.

The lawmakers said the investment could pose national security risks. They questioned whether CFIUS was notified. They also asked whether the deal was formally reviewed.

According to the letter, a UAE-backed entity acquired a large stake in World Liberty shortly before Trump’s January inauguration. The senators said the timing raises concerns. They warned that foreign ownership of a U.S. financial technology firm tied to a sitting president is unprecedented.

The letter sets a March deadline for answers from the Treasury.

Background and political fallout

The controversy centers on reports that an investment vehicle linked to Sheikh Tahnoon bin Zayed Al Nahyan purchased nearly half of World Liberty. Tahnoon is the UAE’s national security adviser. He is also linked to tech conglomerate G42, which has previously drawn scrutiny in Washington.

Lawmakers said the structure of the deal could give foreign actors board influence and access to sensitive financial data.

Trump has denied knowledge of the specific transaction. He said his sons manage the business. The White House has rejected claims of improper influence.

World Liberty has already faced a congressional probe over its foreign fundraising. The new letter intensifies pressure. It frames the issue as a national security matter, not just an ethics debate.

Treasury officials have not yet publicly responded.