Hyperliquid update: retrace, consolidation & long-term growthHyperliquid / TetherKUCOIN:HYPEUSDTMasterAnandaThe orange and purple space. March 2026 HYPEUSDT entered the purple space on the chart and went sideways, a period of consolidation until finally it broke higher. That's the update. HYPEUSDT hit a new all-time high recently followed by a retrace, normal price action. The market never moves straight down nor straight up. The retrace goes on until support is found, support gets confirmed through a period of consolidation. The period of consolidation is followed by a new wave of growth. HYPEUSDT is bullish mid- to long-term. On the short-term, we have a pause which is normal after strong growth. When this period of rest is over, we get a new advance and this can continue long-term. How far down can it go? We have both the orange and purple zones on the chart as support. Both can be tested before a higher high shows up. To be more specific, a range between $40 - $45 can be a good place for a higher low, but this is highly arbitrary. Any level is possible while maintaining the bullish trend. Long-term growth is what we are set to experience and it has been happening since April 2025, it will continue for years to come. Namaste.