Hyperliquid’s recent market action is quite interesting: there’s a clear divergence between bulls and bears, but the scale is tipping toward the bulls.

I’ve noticed several key signals stacking up:
· Bitwise has included $HYPE into its ETF basket, and the compliant channel has been opened
· Institutional capital continues to flow in net, not the rhythm of short-term speculation
· On-chain derivatives trading volume remains #1 in the sector, with both user stickiness and real demand clearly there
· Community sentiment has visibly warmed up; bullish voices are starting to outweigh the cautious camp

At the current price of $67.26, with $299 million in 24h trading volume and a market cap of $17.0 billion. The price isn’t being violently pumped, but the structure is gradually strengthening—this kind of pattern of “fundamentals first, price later” is often more worth lying in wait for than chasing breakouts.

In the short term, it’s still important to guard against shakeouts during periods of disagreement; timing is more important than direction. Manage your position size well and follow the flow of capital.

#Hyperliquid #ETF #DeFi