Hyperliquid (HYPE) Surges 21% in 7 Days—Is $100 the Next Stop?

Hyperliquid (HYPE) is making waves with a blistering 21% weekly rally—traders are now eyeing the $100 milestone as the next battleground.

Why the frenzy? The token’s breakout momentum is drawing in both degens and institutional gamblers—sorry, 'investors'—who love a good volatile asset masquerading as a hedge.

Watch the charts: If HYPE clears key resistance levels, the path to triple digits could be faster than a crypto influencer flipping their 'long-term hold' narrative.

Just remember: In crypto, 21% gains can vanish quicker than a VC’s promises during a bear market. Trade accordingly.

• Hyperliquid (HYPE) surged 6.78% in 24 hours and 21.78% over the past week, trading near $44 with strong market momentum.
• Key resistance lies between $47 and $51, where a short squeeze of nearly $1 million could trigger further gains toward $55.
• A confirmed breakout could propel HYPE toward the $100 mark, with risk management suggested around a $37 stop-loss.

Hyperliquid (HYPE) is riding strong bullish momentum, up 21% in the last week, approaching a key resistance zone that could trigger a breakout and fuel further gains. Market signals point to growing investor confidence, with steady accumulation suggesting the rally could extend toward major price milestones.

At the time of writing, HYPE is trading at $43.91 up by 6.78%, backed by a strong 24-hour trading volume of $422.28 million. Its market capitalization currently stands at an impressive $14.66 billion, underscoring growing investor interest and confidence.

Hyperliquid Nears $47–$51 Zone, Short Squeeze Possible

Market data suggests that Hyperliquid is experiencing healthy liquidity in the $47 to $51 range. Technical analysts believe that a strong breakout above this region could take HYPE up to the region of $52 to $55.

Specifically, there is almost $1 million short against this range, awaiting short squeezes that WOULD increase definitive upward momentum. Warnings to short holders: Be on notice to keep a tight leash on your risks.

Hyperliquid Price Holds Bullish Structure

Renowned crypto analyst Crypto Patel has also commented on the recent trajectory of HYPE, referencing the token’s positive momentum and ability to break through significant resistance levels.

Patel makes the observation that if a breakout is solidified by Hyperliquid, the token can become a part of the elite $100 club before long, a feat that will considerably increase its valuation.

“Bullish structure intact,” said Patel. “A confirmed breakout can kick off the next leg of expansion, attracting fresh capital and momentum.” Risk management calls for a stop-loss around $37 to safeguard investments against volatility, according to Patel.

While attention is focused on Hyperliquid, the next few days will be crucial to decide if the token is able to maintain its bullish momentum and touch fresh all-time highs.

HYPE Derivatives Market Shift Hints at Accumulation

HYPE’s volume decreased by -4.91% to $1.37B, revealing lower short-term activity, while open interest ROSE 9.92% to $1.88B, revealing increased long-term positioning. Such a divergence usually indicates increased investors’ conviction despite decreasing short-term market turnover.

The OI-weighted funding rate is 0.0088%, which implies a gentle bullish bias in the derivatives without overheating indications. Such low and positive funding rates usually coincide with steady accumulation phases, indicating cautious Optimism and gradual positioning, and not speculative excess for the market.