HYPE Slumps to New YTD Low, Erasing Nearly 60% of Prior High

HYPE fell from its recent 30‑day high of $53.33 to a fresh YTD low of $20.48, a drop of almost 60%. The move breaks the prior swing high, setting the stage for either a reclaim toward the $53 level or a continuation lower toward new support.

• Price dropped from $51.11 to $20.48, establishing a new YTD low.
• The decline represents a ~60% break from the prior swing high near $53.33.
• Current price sits below the 30‑day average, shifting bias toward further downside unless a reclaim occurs.