Bitwise Officially Adds Hyperliquid (HYPE) to Its Flagship Crypto ETF as Price Holds Above $67
Hyperliquid (HYPE) Maintains Bullish Structure as Bitwise ETF Inclusion Boosts Institutional Interest
Hyperliquid (HYPE) continues to maintain a bullish technical structure despite trading sideways during a period of price consolidation. Analysts say the latest chart patterns still reflect strong buying interest, while the token’s inclusion in a major crypto index ETF has increased its visibility among institutional investors.
Technical Analysis Signals Cup-and-Handle Breakout
At the time of writing, HYPE was trading at $67.07, with a 24-hour trading volume of $347.94 million and a market capitalization of $17.01 billion. Although the token has shown little price movement over the past 24 hours, technical analysts remain optimistic about its outlook.
Crypto analyst Bitcoin Meraklisi noted that HYPE has confirmed a breakout from a cup-and-handle pattern after an extended accumulation phase. The token successfully broke above the key neckline resistance between $57 and $59 before retesting the area as support.
According to the analyst, this successful retest confirms HYPE’s bullish market structure and suggests that buyers remain confident in defending higher price levels.
As long as HYPE holds above the $66–68 support zone, bullish momentum is expected to remain intact. A breakout above $74.60 could trigger another leg higher, supported by stronger market demand.
Following the breakout, HYPE rallied toward $74.60 before entering a consolidation phase around $69.25. Market participants viewed this sideways movement as healthy profit-taking rather than a sign of weakening bullish momentum.
HYPE Joins the Bitwise 10 Crypto Index ETF
Hyperliquid recently reached a major milestone after Bitwise Asset Management announced the inclusion of HYPE in its Bitwise 10 Crypto Index ETF (BITW). The fund is one of the world’s largest diversified crypto index ETFs, providing investors with exposure to the ten largest cryptocurrencies by market capitalization.
Hyperliquid is a decentralized derivatives trading platform known for offering fast and transparent on-chain perpetual futures. Its expanding ecosystem has attracted growing interest from both retail and institutional investors.
Market Outlook
Although HYPE is currently trading within a consolidation range, sentiment across the broader crypto market has improved alongside Bitcoin’s renewed upward momentum. The positive performance of BTC has also supported several altcoins, including HYPE.
Looking ahead, market analysts believe HYPE could reach a long-term price target of $172, provided its bullish structure remains intact and the token continues to hold above key support levels.
