Volume detonation +141% to $806M, 71.6% buy-side dominance on Kraken with 15.3M HYPE absorbed. Whale flow confirmed, institutional demand structural via Bitwise 10% fee buybacks + Coinbase treasury role + Circle 500K stake. SpaceX perp launch catalyst +7% still running. All EMAs green, resistance $50 nearby but momentum vector favors test. Extreme Fear (25) creates isolated strength play. 78% YES — invalid if broader crypto flash crash breaks $45 support.
