Hyperliquid $HYPE Breaks Out, Eyes $67 as Next Big Target

2 mins mins

Key Insights:

HYPE breaks the ascending triangle, turning $48 into support as price surges toward higher Fibonacci extensions.
Analysts target $56.8, $60.7, and $67 after breakout, with $72.5 possible if momentum accelerates further.
Whale 0xa523 lost over $40M trading HYPE, ETH, and BTC despite the market’s bullish trend.

*Hyperliquid $HYPE Breaks Out, Eyes $67 as Next Big Target*

Hyperliquid (HYPE) has broken out after weeks of consolidation, moving past the $48 resistance that repeatedly capped rallies through July and August. The move followed a pattern of higher lows that built pressure against the ceiling. At press time, HYPE traded at $54.56, recording a 8% rise in 24 hours and a 23% gain over the past week.

Market analyst Ali noted,

“Hyperliquid $HYPE breaks out, targets $67!”

Morever, his outlook points to the breakout as the start of a larger upward move.

Key Levels and Fibonacci Targets

With resistance cleared, the technical setup has shifted toward further upside. The 1.272 Fibonacci extension places the next target near $56.8, followed by $60.7 at the 1.414 extension. The 1.618 extension at $67 is seen as the main target, while the 1.786 level suggests possible continuation toward $72.5.

Trader Crypto Monkey highlighted the breakout, saying, “Long trigger at $48 after that ascending triangle breakout.” The breakout confirms that the $48 level, once resistance, now acts as support.

Whale Losses Contrast With Breakout

While HYPE strengthens, not all traders have fared well. Whale 0xa523 has lost more than $40 million on Hyperliquid in the past month. This includes a $39.66M realized loss from selling 886,287 HYPE, which would now show nearly $9M in unrealized gains if held. Additional losses came from failed ETH trades, and the account is currently down $2.33M on a BTC short.

Lookonchain remarked that the whale has “become the biggest loser on #Hyperliquid,” underscoring the contrast between broader bullish momentum and individual trading missteps.

Whale 0xa523 lost over $40M in less than a month, surpassing @AguilaTrades, @qwatio, and @JamesWynnReal to become the biggest loser on #Hyperliquid!

His list of losses is staggering:

He previously sold 886,287 $HYPE($39.66M) at a loss. If he had held, it would be an unrealized… pic.twitter.com/jYLNhvWADr
— Lookonchain (@lookonchain) September 9, 2025

The breakout has turned $48 into support, giving traders a clear reference point. As long as price stays above this level, the focus remains on $56.8, $60.7, and $67 as the next upside targets. A drop back under $48 would expose HYPE to the $45–46 area, but momentum currently favors continuation higher.

The market now watches whether HYPE can extend its move toward $67, the breakout’s next big target.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.