Hyperliquid prices rally – Is Arthur Hayes’ $150 HYPE target within reach?

Fresh demand continued driving Hyperliquid’s [HYPE] higher throughout May as buyers steadily absorbed supply across repeated pullbacks.

Hyperliquid prices rally – Is Arthur Hayes’ $150 HYPE target within reach?. Fresh demand continued driving Hyperliquid’s [HYPE] higher throughout May as buyers steadily absorbed supply across repeated pullbacks. Earlier consolidation near $54 provided a strong foundation. From there, rising volume and persistent accumulation pushed the price through multiple resistance zones, eventually lifting HYPE to a fresh all-time high of $70.36. Source: HYPE/USDT on TradingView That breakout reflected growing conviction rather than speculative excess alone. As sellers failed to contain demand, momentum traders joined the advance and accelerated price discovery. However, reaching $70 triggered profit‐taking as participants secured gains, driving a retreat toward $68–$69. Buyers, however, quickly absorbed the selling pressure. The shallow pullback sig...