$67 HYPE—dare you to catch it?

First, look at the surface: the broader market is crashing, but it’s holding sideways without dropping.

Over the past 7 days, it has risen 7% against the trend, with a year-to-date gain of 165%. Its market cap has surged to $17 billion, firmly keeping it in the top 10, and its 24-hour trading volume is $400 million. The candlestick chart tells you this: the $66–68 range has been defended multiple times. On pullbacks, volume shrinks; on rebounds, volume expands. In a strong coin, a pullback is basically handing out money—don’t get scared out and left behind.

First thing: Bitwise has put it into an ETF—its institutional channel is officially open.

On July 8, the Bitwise 10 Crypto Index ETF officially added HYPE, with a weight of 0.93%, sitting shoulder to shoulder with BTC, ETH, and SOL.

This is the first time an ETF has issued an “ID card” to a DeFi-native asset. Previously, did institutions want to buy HYPE? No way. Now it’s set up with one click—passive capital automatically buys.

HYPE spot ETFs see net inflows at the million-dollar-per-day level, while the BTC ETF sees large outflows over the same period.

Second thing: This project isn’t just about storytelling—it’s genuinely making money.

Hyperliquid’s trading volume in the first half of the year reached $1.34 trillion, with revenue of $320 million.

97%–99% of the revenue is directly used to buy back and burn HYPE.

The hotter the platform gets, the fewer coins there are, and the higher the price goes—that’s a positive flywheel.

Third thing: A textbook-level technical pattern has appeared.

On the daily timeframe, a typical cup-and-handle pattern is forming—from starting at $20, rising to $76.85, pulling back to $66–68, and now it’s working on the “handle.”

What’s the target price for the cup-and-handle pattern?

$95–100.

And add this: pullbacks come with shrinking volume, rebounds come with expanding volume. The 200-day moving average is firmly propping it up, and the $66–68 support has been hammered again and again.

Technicals, fundamentals, and liquidity—three forces converging. This kind of triple resonance is rare in crypto.

Bull-bear showdown—judge for yourself.

One side is:

Bitwise ETF inclusion, with institutions’ passive capital continuously buying

$1.34 trillion in trading volume over six months, and $320 million in real revenue

97%–99% of revenue used to buy back and burn—hard deflationary mechanics

Cup-and-handle targeting $95–100, with strong technicals

The other side is:

If BTC breaks below 60,000, it could drag down all alts

A 11%–12% pullback makes short-term traders panic

Large-wallet OTC transfers (possibly institutional turnover, or distribution)

Key levels:

Resistance above: 70–72 → 76.85 (ATH) → 90–100

Support below: 66–68 → 61–62 → 55–58

For short-term traders:

Wait for a retest of $66–68 to accumulate in batches, set a stop loss at $61, and take the first profit at $70–72 by exiting half. If it breaks out above $72 on volume, go long—stop loss at $68, target $76–80.

For swing traders:

Build a base position in the $66–68 area, add on a breakout above $76.85, target $90–100. Use a moving take-profit to hold—don’t get thrown off by a 10% pullback.

For long-term believers:

DCA in batches, aiming for $100+. The bet is that Hyperliquid transforms from a “derivatives DEX” into a “DeFi infrastructure-level platform”—and in this track, it currently has no rivals.

BTC fell from 100,000 to 60,000, ETH from 4,000 to 1,700, and HYPE rose from 20 at the beginning of the year to 67.

What you’re afraid to buy, institutions are snatching. What you’re stuck bagholding, institutions are selling.

It’s not that there’s no opportunity in the market—your understanding just can’t keep up.

$76.85 isn’t the end; it’s the starting point. #GUSD年化升至3.8% #特朗普宣布美伊停火结束 #蓝色起源启动百亿融资 $BTC $ETH $HYPE