HFT crypto analysis: Hashflow gains 175% in a week – Next levels to watch

• The high HFT crypto volume came after Binance announced support for the DEX token deposits on the Solana network.
• Traders would be better off waiting rather than rushing into long positions.

Hashflow [HFT] was in up-only mode in recent days. Since the 28th of June, the DEX token has rallied 176% and could continue to rise.

This move was catalyzed by Binance’s announcement supporting HFT deposits on the Solana [SOL] network.

Naturally, the news sent traders scrambling, driving HFT’s daily volume to $97 million on both Monday and Tuesday, roughly 25x its recent daily average.

Is the Hashflow rally overextended?

Source: HFT/USDT on TradingView

Hashflow has breached the most recent lower high. Marked in cyan, the breach represented a bullish market structure break.

HFT didn’t just break out—it bulldozed past key resistance.

The chart shows a bullish market structure break (MSB) as price shot through the most recent lower high, followed by a decisive move past the May high of $0.094, just below the psychologically significant $0.10 level.

Therefore, in the event of a retracement, HFT would likely see a bullish reaction from the $0.1 region, which was now a demand zone.

The strong gains made earlier this week saw a fair value gap (white box) left behind at the $0.075-$0.11 region. This area was also likely to yield a bullish Hashflow reaction.

Trend strength persists

The RSI was at 86, deep into the overbought territory, but this does not guarantee a pullback.

Examining the lower timeframe charts, AMBCrypto found that the $0.12 level was a short-term support. On top of that, the OBV has surged past two-year highs, confirming that this rally wasn’t a fluke—it was demand-driven.

Highlighted in yellow were the swing moves that HFT has made in 2025. They were predominantly bearish, with a consolidation phase ongoing since April.

This consolidation was decisively broken by the recent rally. Yet, the sharp upside also brings in short-term profit-takers.

So, while momentum is intact, buyers might want to wait for a clean retest of demand zones before jumping in again.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion