Hyperliquid continues to show resilience in 2025, holding key support levels as participants anticipate whether it can spark its next major breakout.
Hyperliquid has been one of the standout performers in the altcoin space, holding firm through the volatility of 2025. While many tokens have struggled to sustain momentum, HYPE has consistently defended its key zones and continued to climb higher, reinforcing its place as one of the more resilient plays of the year.
Accumulation Around $40–$44 Strengthens Bulls
Mingo suggested HYPE remains a strong buy even at current levels, noting that it has historically outperformed during Q4 alongside Bitcoin rallies. Hyperliquid entries around $40 to $44 have already proved rewarding, despite Bitcoin’s lack of deeper pullbacks that could have provided cheaper accumulation zones.
Hyperliquid holds firm between $40–$44, reinforcing bullish momentum as revenue trends back higher valuations. Source: Mingo via X
The chart highlights HYPE’s SWPE ratio and revenue trends, showing that network performance has consistently supported higher valuations. With revenue metrics holding above average, the case for sustained upside remains credible, making HYPE stand out as a key token to hold after BTC.
Expansion Potential Builds Above $50 for Hyperliquid
Recent technical setups show HYPE grinding within an ascending channel, hinting that the asset has been in accumulation mode. Price has respected higher lows around the $40 to $42 zone while consolidating towards the mid-$50s, where the next resistance cluster emerges.
Hyperliquid grinds within an ascending channel, with higher lows supporting a push towards the $60–$70 range. Source: tree of dopamine via X
The EMA stack on lower timeframes supports this bullish accumulation narrative. As long as the structure holds, HYPE appears positioned for expansion towards $60 and potentially $70. Current levels are seen as attractive for positioning ahead of what could be the token’s next expansion phase.
Cycle Narrative Points Toward Higher Highs
Looking at the broader cycle, Hyperliquid has consistently made higher highs and higher lows. Compared with other tokens, HYPE Hyperliquid’s ability to maintain momentum and reclaim lost ground stands out as a defining strength.
This has been reinforced by its buyback and revenue model, which continues to be unrivalled in the sector. Famous crypto analyst NMTD8 believes the fundamentals provide structural support that participants can rely on, turning HYPE into one of the most comfortable long-term holds of this cycle.
Liquidity Heatmap Shows Opportunity Below $40
A three-month liquidity heatmap shows long liquidity stacked below the $40 mark. While this may sound concerning at first glance, such liquidity pockets often become fuel for continuation rallies once tested and absorbed.
Hyperliquid’s liquidity heatmap highlights stacked bids below $40. Source: HYPEconomist via X
The heatmap shared by HYPEconomist also reveals clustering around the $45 to $50 range, suggesting that buyers have consistently defended this area. If demand persists, this liquidity layer could provide the base for another push higher. Even with dips possible, the structural setup tilts positive for mid-term accumulation.
Two Scenarios Ahead for Hyperliquid
Crypto analyst Nehal has highlighted two potential scenarios for HYPE: either a clean breakout above resistance that carries price towards $60 to $65, or a rejection that drags it back into the $35 to $40 demand zone. The daily structure highlights these inflection points with clear horizontal boundaries.
Hyperliquid faces two key paths, with $42 and $50 acting as decisive levels for its next major move. Source: Nehal via X
Volume profile levels add more detail, with heavy clusters around $46 and $50 acting as the most decisive areas. Holding above $49 would favor the bullish path, while losing $42 risks prolonging consolidation. These ranges are now being watched closely, as the outcome could set the tone for HYPE’s Q4 trajectory.
Closing Thoughts
Hyperliquid finds itself at an important crossroads as Q4 begins. Technical structures show ongoing accumulation, liquidity patterns highlight clustered demand, and the overall market view remains constructive on the token’s mid-term path.
Accumulation phases suggest strength beneath the surface, the cycle narrative still favors higher highs, and liquidity positioning points toward another leg upward once demand kicks in. The final piece lies in whether key support zones can continue to hold.
Overall, while short-term dips remain possible, the broader sentiment suggests HYPE continues to be one of the standout tokens of this cycle, with upside potential if its structural supports remain intact.