Bitaigen Research 
In this article we examine the ultra‑liquid performance of the HYPE token from a technical perspective—covering the 4‑hour candlestick pattern, moving‑average crossovers, and a flag‑breakout scenario—and assess the credibility of Arthur Hayes’ price target. The goal is to provide investors who follow the project with an objective reference. Subsequent sections will reveal additional details, so please continue reading.
HYPE 4‑Hour Chart: Bullish Flag‑Breakout Signal Strength
On the 4‑hour timeframe candlestick chart, HYPE first displayed a smooth “recovery” shape, indicating a transition from an early consolidation phase to a more active market. Shortly thereafter, the 9‑day moving average crossed upward through the 21‑day moving average, forming a classic bullish crossover that injects stronger momentum on the buying side.
After the crossover, price continued to rise and adopted a bullish flag formation, which has now broken to the upside, suggesting that buyers remain in control. At the same time, the HYPE price has stayed above the 9‑EMA, which now acts as a dynamic support level; each pull‑back has found support at this line, keeping short‑term momentum intact.
The 24‑hour trading volume is roughly $463.97 million, up 55 % versus the previous period. Such an increase in volume typically accompanies a higher level of participation during breakout phases.
Key Support Levels
- $35.55
- $33.18
- $29.93
Key Resistance Levels
- $37.93
- $40.90
- $43.39
Short‑Term Outlook: If price clears $37.93, the next targets are $40.90 and subsequently $43.39. Conversely, a dip back below the 21‑day moving average could see a retracement toward the $33.18 support zone, possibly extending to the $30 area.
Long‑Term Perspective: As the platform’s user base expands and demand for derivatives continues to grow, the HYPE token could gradually move toward the $120 – $150 range over the coming years.
Note for U.S. readers: When purchasing or trading HYPE on fiat‑on‑ramp services, U.S. residents should use Binance.US or other regulated platforms rather than the global Binance website.
Tax reminder: Crypto‑related gains may be taxable in your local jurisdiction; consult a tax professional for guidance.
Ultra‑Liquid Platform Fees and Inflow Metrics
Data recently disclosed by Artemis Analytics shows that Hyperliquid is attracting an ever‑increasing amount of attention. Within the past 24 hours, its fee revenue has risen to become one of the top‑earning on‑chain networks, surpassing the performance of several major blockchains.
At the same time, the platform’s net bridge inflows remain strong, indicating that fresh capital is continuously being injected into the ecosystem. This heightened trading activity reflects rising enthusiasm among participants and underpins the expansion of the HYPE token and its derivative markets.
RWA (Real‑World Asset) Trading Activity Gains Momentum
Hyperliquid’s official X (formerly Twitter) account recently published figures showing that, over the last two weeks, the frequency of RWA trades on the platform has repeatedly hit new highs.
According to the release, total open‑interest has surpassed $1.3 billion, while weekend trading volume exceeded $1.4 billion, underscoring a growing 24/7 demand for assets such as oil, metals, and major indices. This trend further cements Hyperliquid’s role as a pivotal venue for continuous price discovery bridging traditional finance and the crypto market.
HIP‑3 Open‑Interest Hits All‑Time High
Trading activity on Hyperliquid continues to climb, and the open‑interest for the HIP‑3 market has recently reached a historic peak. The DeFi research outfit The DeFi Investor highlighted this development, interpreting it as a clear sign of rising demand for derivative exchanges.
It is noteworthy that while several other perpetual DEXs have experienced a slowdown in volume, Hyperliquid has grown in the opposite direction. As interest in 24/7 “stock‑like” trading on the platform increases, the visibility of the HYPE token follows suit.
Why Arthur Hayes Is Bullish on a $150 Target
Hyperliquid Daily published an article summarizing Arthur Hayes’ bold expectation for HYPE: he believes the token could reach $150 by August 2026.
The core supporting points listed in the article are:
- HIP‑3 Permission‑less Attacker: Launched roughly four months ago, it already contributes close to 10 % of the platform’s revenue. Users can stake 500,000 HYPE to unlock perpetual contracts on gold, silver, the Nasdaq‑100, and the S&P 500, enabling 24/7 trading.
- HIP‑4 Expansion: Planned within three months, this will introduce permission‑less prediction markets and 0‑day‑to‑expiry (0DTE) options, expected to generate fresh demand for the ecosystem.
- Robust Natural Trading Volume: Hyperliquid is regarded as one of the perpetual DEXs with the highest genuine trading volume, showing minimal signs of wash‑trading.
- Efficient Execution: Even large BTC/USD orders ranging from $100 k to $10 million are filled with very low slippage, attracting professional traders.
- Lean Development Team: The project is run by an eleven‑person core team, without a dominant venture‑capital backer, and the token supply is limited—factors that could draw more authentic trading flow back to the platform.
Conclusion and Outlook
Since Arthur Hayes set a $150 price target for HYPE, discussion around the 2026 ultra‑liquid price scenario has intensified. With trading activity remaining vigorous and the ecosystem expanding rapidly, HYPE is drawing increasing attention from investors. Should the current upward momentum persist and key resistance levels be convincingly broken, Hyperliquid’s long‑term outlook may align more closely with the optimistic picture painted by Hayes.
This concludes the article. For additional market analysis of the HYPE token, you may search for previous Bitaigen (比特根) reports or continue browsing the related links below. Thank you for following and supporting Bitaigen (比特根)!
💡 Register on Binance with referral code B2345 for the maximum trading fee discount. See Binance complete guide.
