{"id":846386,"date":"2025-05-07T09:12:12","date_gmt":"2025-05-07T14:12:12","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/07\/hyperliquid-hype-coin-surges-105-in-a-month-will-the-current-momentum-drive-to-restest-ath-35\/"},"modified":"2025-05-07T09:12:12","modified_gmt":"2025-05-07T14:12:12","slug":"hyperliquid-hype-coin-surges-105-in-a-month-will-the-current-momentum-drive-to-restest-ath-35","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/07\/hyperliquid-hype-coin-surges-105-in-a-month-will-the-current-momentum-drive-to-restest-ath-35\/","title":{"rendered":"Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35?"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/price-analysis\/hyperliquid-hype-coin-surges-105-in-a-month-will-the-current-momentum-drive-to-restest-ath-35\/\" data-post-title=\"Hyperliquid, HYPE Coin Surges 105% In A Month, Will The Current Momentum Drive To Restest ATH $35?\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=451869&#038;action=edit\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/05\/07170130\/Hyperliquid-Hype.webp\" alt=\"Hyperliquid Hype\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div>\n<h3 id=\"h-key-highlights\"><strong>Key Highlights:<\/strong><\/h3>\n<ul>\n<li><strong>HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%.<\/strong><strong><br \/><\/strong><\/li>\n<li><strong>Recent technicals show a well-formed ascending triangle pattern, with resistance at $26\u201328 and a breakout target around $33\u201335.<\/strong><strong><br \/><\/strong><\/li>\n<li><strong>On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed trader participation and liquidity inflow.<\/strong><strong><br \/><\/strong><\/li>\n<li><strong>Heavy long liquidation zones around $50K\u2013$82K and short squeeze risk building above $103K, hinting at possible volatility spikes.<\/strong><\/li>\n<\/ul>\n<p>With the current momentum and pattern strength, HYPE looks positioned to retest its ATH of $35 within the next 4\u20136 weeks if resistance flips support.<\/p>\n<p><a href=\"https:\/\/markets.coinpedia.org\/hyperliquid\/\">Hyperliquid (HYPE) <\/a>has made a strong resurgence with 105% jump in value in one month, back above the critical $20 mark. HYPE is now priced at $21.18 (+5.39% daily) at a market cap of $7.07B and 24h volume of $127.66M (+47.19%). The coin reached an all-time high (ATH) of $35.02 on Dec 21, 2024 (~40% off ATH), and several traders are hoping for a portfolio full reversal.<\/p>\n<h2 id=\"h-hype-s-momentum-is-attributed-to-the-following-catalysts\"><strong>HYPE\u2019s momentum is attributed to the following catalysts:<\/strong><\/h2>\n<ul>\n<li><strong>HYPE\u2019s New Fee &#038; Staking System Announcement (launched May 5):<\/strong><\/li>\n<\/ul>\n<p>Hyperliquid introduced a fee and staking system on May 5. Users can now stake their HYPE coins to receive a trading fee discount of between 5% and 40%, depending on the amount staked.<\/p>\n<p>The fee discount uses different rates for futures and spots; spot volume counts as double for fee tier calculations. And a big upgrade comes from linking staking and trading accounts, so the discounts apply to any trading account and will incentivise all traders to engage and provide liquidity to the platform.<\/p>\n<ul>\n<li><strong>Ethena\u2019s USDe Stablecoin After Launch:<\/strong><\/li>\n<\/ul>\n<p>Ethena Labs has integrated its USDe stablecoin into Hyperliquid\u2019s DEX, and integrated USDe with its HyperEVM blockchain. Users who hold 100+ USDe on HyperCore are now eligible to earn daily rewards for holding USDe in their accounts that automatically air-drop to their spot accounts!<\/p>\n<p>This integration allows for better liquidity as it builds asset use cases for USDe, and increases interest from investors in the entire Hyperliquid crypto ecosystem.<\/p>\n<h2 id=\"h-bullish-setup-hype-usd-forms-ascending-triangle-with-33-35-target-in-sight\"><strong>Bullish Setup: HYPE\/USD Forms Ascending Triangle with $33\u2013$35 Target in Sight<\/strong><\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXe0Q4f0uUVrYNZq7PQj8b3qEa6grD3XMWXsmzlKbFqezNmDLLUD3DTqZVBRNC25cGUX8SMo9rzSuMavfS96Pzo0rvf-HvkxFOCEJKzb3bKm4jvh6yn4ISa7RPXZXAB-R0PwLoYE?key=lgGZe3s5uYTTMbSbWgQ0VQ\" alt data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\"><\/figure>\n<p>HYPE Coin recently completed a strong <strong>V-shaped recovery<\/strong> and is now forming an <strong>ascending triangle<\/strong>\u2014a bullish chart pattern that often leads to breakouts. The main <strong>support zone<\/strong> sits at <strong>$17.5\u201318.0<\/strong>, which has held well during past dips. The key <strong>resistance zone is $26\u201328<\/strong>, and this is the level to watch for a breakout.<\/p>\n<p>A <strong>Fibonacci retracement<\/strong> drawn from the previous high ($35) to the recent low ($10) shows that <strong>$26\u201328<\/strong> also lines up with the important <strong>0.618\u20130.786 Fib levels<\/strong>\u2014making it a critical barrier where many traders expect a reaction.<\/p>\n<p>The chart also shows a <strong>neckline breakout<\/strong>, a positive sign that buyers are in control. The <strong>20\/50 EMA lines<\/strong> have crossed upward, confirming a bullish setup, and the <strong>RSI is around 66<\/strong>, which shows good momentum but not overbought yet. The <strong>MACD<\/strong> also supports the bullish trend.<\/p>\n<p><strong><br \/><\/strong> If HYPE can <strong>close above $26\u201328 with strong volume<\/strong>, the next target is around <strong>$33\u201335<\/strong>, its previous all-time high. Based on the current pace, this move could happen in the next <strong>4\u20136 weeks<\/strong>.<\/p>\n<h2 id=\"h-liquidity-amp-liquidations-how-on-chain-data-confirms-hype-s-breakout-potential-nbsp\"><strong>Liquidity &#038; Liquidations: How On-Chain Data Confirms HYPE\u2019s Breakout Potential\u00a0<\/strong><\/h2>\n<p><strong>Volume Surge: Confidence Rebuilding<\/strong><\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXe2cOmj8wJD2BvT0uI00AMawuhqTv8Ccy5yjSGDONghlKtX46OH4RuPSQgjXawtQFt9ktiIo9CmOW2NNEa_4AkRE6ciFofPt56RPl73uEvcm76MpExEvJPwmhkfsdpEYiph_lLGPg?key=lgGZe3s5uYTTMbSbWgQ0VQ\" alt data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\"><\/figure>\n<p>HYPE\u2019s on-chain volume tells the story of a market regaining strength. After its big run earlier this year, volume cooled to around $2.39B by April 5, showing a pause in trader interest and liquidity as price corrected.<\/p>\n<p>But by May 6, daily volume jumped back to $5.27B\u2014marking a strong resurgence of participation. This confirms that the current uptrend is supported by real buying power, not just a weak technical bounce.<\/p>\n<h2 id=\"h-liquidation-heatmap-historical-amp-current-pressure-zones\"><strong>Liquidation Heatmap: Historical &#038; Current Pressure Zones<\/strong><\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXewvSfK-4KzuHdx1QLQgtRAdhQDO9aMPvkhH_5mB92Bks9VPyf28Vch_LbtJxla6l2Do5ehQssM1BTNZSPymYVW8jAOTYqH0ojEGxdTGFjzvAS6c5bn0T6CHw3rcEoTHUVBD5fXPA?key=lgGZe3s5uYTTMbSbWgQ0VQ\" alt data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\"><\/figure>\n<p>The liquidation map shows how traders have been positioned. During past corrections, especially after its all-time high, HYPE saw heavy long liquidations between $50K\u2013$82K BTC equivalent, with a peak of 886 BTC liquidated at $82K.<\/p>\n<p>These events reveal where bulls were forced out, marking danger zones in bearish scenarios. Now, the tables are turning: shorts are heavily stacked between $103K\u2013$142K, with recent spikes (e.g., 722 BTC at $103K) showing that many are betting against further upside.<\/p>\n<p>If HYPE Coin clears the $26\u201328 resistance, these shorts could get squeezed fast\u2014likely triggering a surge toward the $33\u201335 ATH area.<\/p>\n<\/div>\n<div>\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/price-analysis\/hyperliquid-hype-coin-surges-105-in-a-month-will-the-current-momentum-drive-to-restest-ath-35\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Mustafa Mulla<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights: HYPE has reclaimed the $20 zone, surging 105% this month and reigniting bullish momentum with strong daily gains of 5.39%. Recent technicals show a well-formed ascending triangle pattern, with resistance at $26\u201328 and a breakout target around $33\u201335. On-chain volume has rebounded with a sharp rise to $5.27B on May 6, reflecting renewed<\/p>\n","protected":false},"author":1,"featured_media":846387,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142850,22203],"tags":[],"class_list":{"0":"post-846386","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hyperliquid","8":"category-surges"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=846386"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/846387"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=846386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=846386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=846386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}