Hyperliquid price consolidates at $45 as on-chain data show new users increase
Hyperliquid price consolidates near $45, backed by strong on-chain data and rising user activity, while volume hints at a possible bullish reversal toward $53. Summary $45 acts as major confluence support with Fibonacci, Bollinger Band, and POC alignment. On-chain metrics show rising cumulative users and daily trades. Market structure remains bullish, targeting $53 resistance as the next upside objective.