Hyperliquid (HYPE) Price Prediction: $10M Whale Accumulation, ETF Frenzy, and RSI Breakout Fuel Rally Toward New All-Time Highs

The token recently reclaimed the key $60 resistance zone after spending months below the level. The latest move comes amid growing interest in Hyperliquid’s expanding decentralized finance ecosystem and rising institutional participation tied to newly launched spot ETFs.

Market analysts say the current rally is being driven by more than short-term speculation, with on-chain accumulation and long-term technical strength adding to the broader bullish narrative surrounding the project.

HYPE ETF Demand Surpasses Early Bitcoin and Ethereum Launch Metrics

One of the biggest catalysts behind the recent momentum has been the strong debut of spot Hyperliquid ETFs. According to data shared by Kairos Research, HYPE spot ETFs absorbed roughly 1.04% of the token’s total market capitalization within their first 10 trading days.

According to Kairos Research, Hyperliquid spot ETFs recorded the strongest launch among crypto ETFs to date, absorbing more than 1% of HYPE’s market cap within their first 10 trading days.  Source: Zach Humphries via X

That figure significantly outpaced the early adoption rates seen in spot Bitcoin, Ethereum, and Solana ETFs. Comparable figures cited in the report showed Bitcoin ETFs absorbing 0.59% of BTC market cap during the same period, while Ethereum and Solana ETFs recorded 0.41% and 0.31%, respectively.

Crypto commentator Zach Humphries highlighted the scale of the inflows in a recent post, noting that Hyperliquid ETFs are “breaking records out of the gate.”

The rapid pace of capital inflows reflects growing institutional appetite for blockchain-based trading infrastructure and fee-generating decentralized finance products. Early estimates indicate that HYPE-linked ETFs have already attracted more than $100 million in net inflows since launch.

The debut of products such as Bitwise’s BHYP ETF has also increased visibility around Hyperliquid’s ecosystem, particularly among investors seeking exposure to on-chain perpetual trading platforms.

Whale Accumulation Strengthens Bullish Sentiment

Institutional accumulation activity has further reinforced confidence in HYPE’s current trend.

Crypto analyst Conor Kenny recently pointed to Bitwise-linked wallets purchasing approximately 162,367 HYPE tokens worth around $10.11 million within a two-hour period. The transaction fueled speculation that larger market participants continue building exposure despite the token already trading close to all-time highs.

Bitwise added another $10.11 million in HYPE exposure as Hyperliquid expanded into prediction markets, strengthening its push toward becoming a broader DeFi super-app. Source: Conor Kenny via X

Traders often view large-scale purchases during elevated price conditions as a sign of confidence in longer-term upside potential rather than short-term momentum chasing.

At the same time, Hyperliquid’s broader ecosystem expansion has continued to attract attention across the crypto sector. The protocol recently activated HIP-4, a feature enabling prediction markets tied to real-world events.

The move positions Hyperliquid beyond its original focus on perpetual futures trading and introduces direct competition with decentralized prediction market platforms such as Polymarket and Kalshi.

Some analysts now view Hyperliquid as an emerging DeFi super-app, combining perpetual trading, spot markets, and event-based contracts within a single ecosystem.

Technical Indicators Suggest Momentum Remains Constructive

Technical analysts have also identified several bullish signals supporting the ongoing rally.

Trading-focused account SpearTrades noted that HYPE recently broke above a multi-month descending resistance trendline on the Relative Strength Index (RSI), a development often interpreted as an early momentum reversal signal.

HYPE has reclaimed the critical $60 resistance level after months of rejection, with the token now trading close to its all-time highs. Source: @speartrades_app via X

The analyst also highlighted elevated Money Flow Index (MFI) readings, suggesting continued capital inflows into the asset. Importantly, traders have not yet identified meaningful bearish divergence on perpetual futures charts, reducing immediate concerns of momentum exhaustion.

From a broader market structure perspective, TradingView technical summaries continue to lean positive across higher timeframes.

While short-term indicators currently register as neutral due to limited real-time trading session data, the platform’s moving averages still reflect a strong buy signal overall. Daily and weekly outlooks also continue to favor bullish continuation trends.

Analysts note that HYPE appears to be trading above several key moving averages, including longer-term 50-day, 100-day, and 200-day trend levels. This alignment generally supports trend continuation and can act as dynamic support during pullbacks.

At the same time, oscillators including RSI, MACD, Stochastic, and Williams %R remain relatively balanced. This suggests the market is not yet showing extreme overbought conditions that could trigger an immediate sharp correction.

Hyperliquid Price Levels to Watch

With HYPE consolidating near historical highs, traders are closely monitoring the $58 to $64 range for confirmation of the next directional move.

Holding above the reclaimed $60 level could strengthen the case for another push into price discovery territory. On the downside, failure to maintain current support levels may expose the token to short-term consolidation after its recent rally.

HYPE was consolidating near the $60 critical level at press time. Source: Brave New Coin

For now, the combination of ETF inflows, whale accumulation, ecosystem expansion, and favorable technical structure continues to keep Hyperliquid among the strongest-performing large-cap DeFi assets in the current market cycle.