Hyperliquid Pulls Back 3% After ATH: Can $70B Volume Keep HYPE Bullish?

HYPE fell 3% after reaching an ATH, but strong momentum remains intact. Hyperliquid recorded roughly $70 billion in weekly perpetual trading volume. Open interest increased $1 billion, signaling continued trader participation despite rising volatility risks. Hyperliquid has reached a crucial moment after posting another record weekly close. HYPE entered price discovery before slipping 3% during the latest session. The pullback has rai…