Hyperliquid has been underwhelming over the past couple of weeks. Market structure broke on the daily timeframe and doom is looming in the charts. What does the future hold for <\/p>\n
\t<\/span><\/p>\n \t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t \t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t<\/p>\n \t\t \t hodlers \u2013 is the hype over? Is Hype price driven by hype at all, as memcoins prices are? Or are there real fundamentals that hold this project afloat?<\/p>\n $HYPE<\/a> has finally broken out of its short-term bearish trend after months of staying under.<\/p>\n That trendline held strong for a while, but once something strong gets broken, it often flips and acts as support.<\/p>\n Wouldn’t be surprised to see price push higher from here. pic.twitter.com\/z2SqXXAzDY<\/a><\/p>\n \u2014 BATMAN (@CryptosBatman) October 24, 2025<\/a><\/p>\n\n I didn\u2019t know BATMAN is into crypto and charting too. What a turn of events \u2013 from fighting bad guys on the streets of Gotham, to fighting with mysterious market makers and retail on the front lines of trading! Anyway, he (or she) highlighted a breakout of the downtrend. How significant will it be? We will find out soon. Catch up with the previous HYPE anaylsis here<\/a>.<\/p>\n DISCOVER: 10+ Next Crypto to 100X In 2025<\/a><\/strong><\/p>\n Well, HYPE\u2019s annualised revenue is over 1.2 billion dollars. That is significant, considering that the market cap is 10bn and only a handful of people run the platform. Most of the revenue comes in the form of platform fees and 95-97% go towards token buybacks, while just 3-5% are used for operating costs. In other words, annual operation costs for Hyperliquid are $30-50 million. Compared to a CEX such as Coinbase\u2019s 600 million of operating costs for a quarter, or 2.4bn per year, that is a huge difference. HYPE can boast with great fundamentals for a business.<\/p>\n\n (Source \u2013 Tradingview, HYPEUSD<\/a>)<\/p>\n Now, let\u2019s start our technical analysis with the Weekly timeframe. Things we notice here are our 2024 and 2025 highs. Last year\u2019s high is currently acting as support. Price history is short, therefore we have no Moving Averages available on this timeframe. But we do have a bearish divergence on RSI, which sent price down to support. It also broke it\u2019s uptrend support, which is less significant than the horizontal one from 2024.<\/p>\n DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n\n (Source \u2013 Tradingview, HYPEUSD<\/a>)<\/p>\n Next is the Daily chart. Here we have the clear market structure break mentioned in the introduction of this article. Following the MSB we have a lower high and a lower now. Yesterday\u2019s candle closed as a Bullish Engulfing and reclaimed MA200. For now it seems like the $35 level is a strong support. RSI has been reset and can make a run for the upper half again. Will HYPE USD test the $60 resistance one more time?<\/p>\n DISCOVER: 16+ New and Upcoming Binance Listings in 2025<\/a><\/strong><\/p>\n (Source \u2013 Tradingview, HYPEUSD<\/a>)<\/p>\n Finally, we look at the 4H timeframe. We had a bullish MSB, which did not even get to September\u2019s high. It topped on the second Higher High with a RSI bearish divergence and a bearish engulfing candle. Eventually we had a bearish MSB as price broke below all MAs and retested MA100 before the Black Swan event of October 10th. Now Hyperliquid is struggling to reclaim the Moving Averages, entering the upper half of RSI, which indicates some strength. Will HYPE run on alt season? Breaking above $40 and testing it as support could send HYPE USD to $60 again. And then hopefully higher\u2026<\/p>\n Trade safely and use good risk management!<\/p>\n DISCOVER: 9+ Best Memecoin to Buy in 2025<\/a><\/strong><\/p>\n Join The 99Bitcoins News Discord Here For The Latest Market Update <\/a><\/p>\n Hyperliquid Price is currently in a downtrend on the Daily chart. <\/p>\n RSI on 1W has a bearish divergence, which led to a price drop <\/p>\n Bearish Orderblock between $57-$59 needs to be broken before a new ATH <\/p>\n A break of the channel was indeed decisive and send HYPE USD plummeting <\/p><\/div>\n The post Hyperliquid Enters Downtrend: Will HYPE Run On Alt Season?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Hyperliquid has been underwhelming over the past couple of weeks. Market structure broke on the daily timeframe and doom is looming in the charts. What does the future hold for Hyperliquid HYPE8 $39.81 5.73% Hyperliquid HYPE8 Price $39.81 5.73% \/24h Volume in 24h $346.10M <!– ? –> Price 7d hodlers \u2013 is the hype over? […]<\/p>\n","protected":false},"author":0,"featured_media":107526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107525"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107525"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107526"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n
\n\t\t\t\t\tHyperliquid<\/span>
\n\t\t\t\t\tHYPE8<\/span><\/p>\n
\n\t\t\t\t\t\t$39.81<\/span>
\n\t\t\t\t\t<\/span>
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\n\t\t\t\t\t\t5.73%<\/span>
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\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n
\n\t\t\t\t\tHyperliquid<\/span>
\n\t\t\t\t\tHYPE8<\/span>
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\n\t\t\t\t\tPrice<\/span>
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\n\t\t\t\t\t\t$39.81<\/span>
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\n\t\t\t\t\t\t\t5.73% \/24h<\/span>
\n\t\t\t\t\t\t<\/span>
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\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n
\n\t\t\t\t\t$346.10M<\/span>
\n\t\t\t\t\t<!–
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\n\t<\/p>\nAre Hyperliquid Fundamentals Still Good And What Do The Charts Say?<\/h2>\n
Low Timeframe Analysis and Final Thoughts on HYPE USD<\/h2>\n\n
Hyperliquid Enters Downtrend: Will HYPE Run on Alt Season?<\/h2>\n