What to know:
- HYPE maintains a bullish structure above the crucial $57–59 support zone.
- A breakout above $74.60 could accelerate the next upward price move.
- Bitwise added HYPE to BITW, where it now holds a 0.95% allocation.
Hyperliquid (HYPE) continues to show a constructive technical structure despite the HYPE price stability. A confirmed bullish chart pattern supports positive market sentiment, while its inclusion in a major crypto index fund strengthens institutional recognition. Traders remain focused on whether sustained buying momentum can drive the next upward move.
At the time of writing, HYPE is trading at $67.07, with a 24-hour trading volume of $347.94 million and a market capitalization of $17.01 billion. Despite remaining stable over the past 24 hours, the HYPE price structure continues to suggest a potential bullish reversal.
Source: CoinMarketCap
Also Read: HYPE Price Eyes Major Breakout as Symmetrical Triangle Tightens
HYPE Price Holds Steady Above Key Support
According to the crypto analyst Bitcoin Meraklisi, the HYPE price chart shows a confirmed cup-and-handle breakout after months of accumulation. The price surged above the neckline near $57–59 and successfully retested that zone.
This support-turned-resistance flip strengthens the bullish structure and signals buyers continue defending higher price levels with confidence.
Following the breakout, the HYPE price rallied toward $74.60 before entering a healthy consolidation around $69.25. This sideways movement suggests profit-taking rather than trend weakness.
Holding above $66–68 keeps bullish momentum intact, while a breakout above $74.60 could trigger another upward expansion with strong buying interest.
Source: Bitcoin Meraklisi’s X Post
Long-term target for the HYPE price is around 172, based on the cup and handle formation. However, for a continuation in the uptrend, it is important to keep the price above the neckline.
A breakdown below the $57-59 area will reverse this bullish formation, while consolidation above the level may open doors for further gains for the HYPE price.
Bitwise ETF Inclusion Boosts Recognition
The data from Hyperliquid Daily further highlighted that Bitwise has announced that HYPE is set to be included in the Bitwise 10 Crypto Index ETF (BITW), an exchange-traded fund known as one of the largest crypto index funds in the world.
This marks yet another major achievement for Hyperliquid as the platform continues to grow in size among top cryptos.
Source: Hyperliquid Daily’s X Post
The inclusion of HYPE at 0.95% of the holdings of BITW shows the rapid rise of the cryptocurrency. The inclusion will help increase the visibility of the coin among institutions and will make it an official asset of one of the leading index funds in the industry.
Despite the bullish price predictions and Bitwise ETF inclusion, the HYPE price is still moving in a neutral trajectory. However, the general trend in the crypto market is turning positive due to BTC’s upward momentum, which has impacted the overall market, including altcoins.
Also Read: HYPE Price Forecast: Break Above $75 Could Trigger Rally Toward $100
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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