Hyperliquid Climbs to $23.57 as Range-Low Bounce Signals Bullish Reversal

Hyperliquid (HYPE) climbed to $23.57 on January 25, 2026, marking a 3.36% gain over the last 24 hours, while trading volume declined by 41.42% to $133.91 million, according to CoinMarketCap data. Over the past week, the token has fallen 8.52%, consolidating within a range of $21 to $28.

Bullish Reversal Pushes Hyperliquid to $23.2

Crypto analyst CJ notes that the lower boundary of this range, around $21, has served as a key support zone. Recent trading activity has shown a sharp bullish reversal from this support, lifting the price to $23.2 at the time of observation.

Analysts suggest that a sustained break above the mid-range resistance at $25–$26 could confirm a reversal of the downtrend, while failure to surpass $23.5–$24 could prompt a retest of the $21 demand zone.

Short-term intraday patterns indicate higher highs and higher lows, reflecting temporary bullish momentum.

Analysts highlighted that closing above the current imbalance at the range low could push HYPE toward stacked highs between $26 and $27, or potentially toward the range high of $28.3. Conversely, a retest of the $21 demand zone could present a secondary trading opportunity.

Grayscale Lists HYPE as Potential Investment

HYPE’s growing institutional appeal is underscored by its inclusion on Grayscale’s list of potential future investments. The selection focuses on crypto assets offering financial transaction services, highlighting Hyperliquid as a token with strong growth potential.

The Hyperliquid decentralized exchange, which is expanding to include stock trading, strengthens the token’s value proposition. This aligns with the emerging narrative of tokenized real-world assets (RWAs), attracting institutions seeking diversified crypto exposure.

High-profile investor Arthur Hayes, co-founder of Bitmex, recently acquired nearly $500,000 worth of HYPE tokens, signaling renewed confidence. Hayes had previously sold his stake in 2025 at a modest premium, but his latest acquisition indicates optimism for the token’s recovery.

For now, traders are monitoring resistance levels at $23.5–$24 and swing highs of $25–$26 to assess whether the broader downtrend will reverse or continue.

Also Read | Hyperliquid (HYPE) Falls Below $22 Support Amid Bearish Market Pressure