Hyperliquid (HYPE) Primed for $70 Surge as Crypto Bulls Charge Ahead
Hyperliquid (HYPE) is flashing bullish signals as market momentum builds—could $70 be the next stop?
The Setup:
Traders are piling into HYPE as liquidity tightens and volatility spikes. The token’s recent consolidation looks like a coiled spring, with breakout potential mirroring early-stage rallies from 2024’s top performers.
Why $70 Matters:
A clean break past this psychological barrier would confirm the uptrend—and probably trigger a fresh wave of FOMO from latecomers chasing ‘the next big thing’ (because what’s crypto without a little reckless enthusiasm?).
The Catch:
Market makers love these setups almost as much as they love dumping on retail. Watch for fakeouts before confirmation—unless you enjoy buying the top.
- Hyperliquid (HYPE) eyes a breakout toward $70 as bullish momentum returns across the broader crypto market.
- Analyst Flood calls HYPE the best way to long crypto volatility, backed by high spot volumes and continuous buybacks.
- Strong fundamentals, low market cap, and rising demand position HYPE as a high-potential DeFi token amid the altcoin rally.
Hyperliquid (HYPE) is becoming one of the better-tracked tokens in the altcoin space as positive momentum builds after long market-wide fluctuations. After weeks of price stagnancy catalyzed by macroeconomic indecisiveness, a breakout for HYPE is beginning to take shape in clear terms, given added focus from traders, coupled with added on-chain action.
Hyperliquid is now exchanging at $46.66, has a 24-hour volume of $512.15 million, and a market cap of $15.58 billion. The price of HYPE has increased by 3.98% within the last 24 hours.
While still a micro-cap token by valuation, HYPE has started capturing attention due to its fundamentals and the unique position it holds within the decentralized finance (DeFi) ecosystem.
In a recent tweet by the official Hyperliquid account on X (formerly Twitter), $HYPE has emerged from the shadows after weeks of muted accumulation. The team emphasized that although price movements have remained relatively muted, on-chain signals shot up to new all-time highs, hinting that a price upsurge may be around the corner.
Project HYPE currently teeters around a key support area, one that in the past has served as a springboard to higher price action. With general market sentiment turning positive, upcoming theses suggest that HYPE might be about to make a MOVE that can propel the project into the $70+ figures, should momentum keep gathering.
Hyperliquid Is the Best Way to Long Volatility
Popular crypto market analyst Flood also commented on the breakout of HYPE. On a tweet that has since made the rounds, he highlighted the need for exposure to volatility in the bull markets, saying, “There is no better way to long volatility than longing $HYPE.”
In bull markets you always want to long volatility and there is no better way than longing $HYPE.
Hype is an indexed bet on all asset trading volumes and unlike an option has positive carry due to nearly a billion dollars worth of buybacks.
Hyperliquid
Flood further explained that HYPE is, in fact, an indexed bet on the global spot trading volumes, making the latter a proxy for the crypto market activity in general. It is even more appealing, according to him, due to its positive carry profile, in contrast to options, whose value decreases in the long run. What favors HYPE are the constant buybacks, with almost $1 billion in assets powering demand.
While most big-cap cryptocurrencies are recovering strength, small-cap tokens such as Hyperliquid provide oversized growth potential, particularly those with backing by real on-chain demand and strong tokenomics. As the broader market becomes bullish again, HYPE remains a speculative yet promising wager.
Should the going continue in the same direction, the accumulation will not keep Hyperliquid hidden for long. Everyone now waits with bated breath for the next resistance areas and if the surging token lives up to its breakout promises.
