The crypto market has been as stable as a drunk seagull on a trampoline, with Bitcoin recording a single-day drop so sharp, it made a pretzel out of its own tail. The sell-off triggered liquidation cascades so epic, they’d make a Hollywood disaster movie blush, forcing leveraged positions out and creating conditions for buyers to step in near local lows-because nothing says “opportunity” like a financial freefall.
As broader markets begin to stabilize, trader focus is shifting toward select altcoins showing relative strength and rising participation. While many tokens have bounced from oversold levels, only a few are displaying sustained momentum rather than short-term relief moves. Hyperliquid (HYPE) has emerged as the crypto world’s version of a determined toddler who refuses to nap, with the price consolidating above a recently broken resistance level-because why settle for a small victory when you can chase a big one?
Although buying pressure has cooled in the short term, the HYPE price continues to show strength on higher timeframes, positioning the token for a potential volatility expansion if broader market conditions remain supportive. Which, let’s be honest, is about as likely as a penguin winning a Nobel Prize.

Looking at the daily chart, Hyperliquid (HYPE) price is currently trading in a tight zone where supply and demand are stacked closely together. This overlap explains why price has struggled to push higher, with repeated rejections keeping the move capped below the $35 level. Buyers are clearly stepping in on dips, but sellers continue to defend this area, resulting in sideways consolidation rather than a breakout-because nothing says “excitement” like a game of financial chess with no pieces.
That said, the Chaikin Money Flow (CMF) tells a more constructive story. The indicator shows a bullish divergence and is holding near the zero line, suggesting capital is still flowing into the asset despite muted price action. This points to accumulation rather than distribution-unless, of course, the capital is just taking a nap.
From here, HYPE needs a clean daily and weekly close above $35 to shift momentum decisively. A successful breakout above $40 would significantly improve the odds of a move toward the $50 zone, where the chart shows relatively limited resistance-because nothing says “easy pickings” like a target with no defenses.
Read More
- All Golden Ball Locations in Yakuza Kiwami 3 & Dark Ties
- These are the 25 best PlayStation 5 games
- The MCU’s Mandarin Twist, Explained
- Movie Games responds to DDS creator’s claims with $1.2M fine, saying they aren’t valid
- Mario Tennis Fever Review: Game, Set, Match
- Gold Rate Forecast
- A Knight Of The Seven Kingdoms Season 1 Finale Song: ‘Sixteen Tons’ Explained
- Hollywood is using “bounty hunters” to track AI companies misusing IP
- Beyond Linear Predictions: A New Simulator for Dynamic Networks
- All Songs in Helluva Boss Season 2 Soundtrack Listed
2026-02-07 16:06