Key Price Threshold: Hyperliquid Faces Crucial Decision at $75

Since October 2025, Bitcoin (BTC) and the majority of altcoins have been experiencing a downward trend. Despite some recent price gains for BTC and other cryptocurrencies, these movements can be categorized as bounces within an ongoing downtrend. In this scenario, Hyperliquid (HYPE) stands out as one of the few large-cap tokens with a sustained bullish outlook.

The 1-week chart for HYPE illustrates a bullish swing structure that has persisted for over a year. Currently, the token is priced at $70.11, reflecting a 7.51% increase in the last week and an impressive 74% rise over the course of a year.

Market Dynamics

This long-term bullish trajectory is significant, yet the Relative Strength Index (RSI) has been forming lower highs recently, indicating potential weakness as HYPE bulls attempt to propel prices higher. Consequently, if the price surpasses $72.1 during a weekly session, it could signal a bearish divergence; however, this does not necessitate an immediate market correction.

Price Expectations for Hyperliquid

During the past month, the DEX token has established a trading range between $53.35 and $74.78. As of this writing, the price is positioned above the mid-range resistance at $64.1 and the short-term resistance zone at $67.2.

• This upward movement comes despite some profit-taking by major investors (whales).
• The selling pressure is being offset by strong market demand.
• Factors such as Bitcoin's recent bullish momentum suggest that HYPE may trend towards $75.

Traders' Recommendations

The On-Balance Volume (OBV) is steadily increasing and the RSI remains above the neutral level of 50, indicating solid buying pressure and continuation of bullish momentum. It is essential, however, for traders to wait for a clear break from this established range before making significant trades. A test of either end of the range could present an opportunity for swing traders to enter the market.

At present, the optimal risk-to-reward ratio for swing trades is not favorable. Technical indicators suggest a potential short-term uptick, so moving towards the $75 supply zone could trigger a bearish reaction, creating a viable selling opportunity while targeting mid-range and low support levels.

Conclusion

Hyperliquid remains one of the few large-cap cryptocurrencies exhibiting a long-term bullish trend. The $75 supply zone is a crucial point for swing traders; a breakthrough or rejection in this area may guide traders in making directional bets.