Hyperliquid's HYPE Jumps Over 20% to $47 as Analysts Flag Sell Signals

Hyperliquid's HYPE surged more than 20% at one point to $47, adding roughly $2 billion in market cap and nearing the top 10 altcoins by capitalization. The move followed Coinbase expanding USDC support on Hyperliquid under its AQA framework, alongside the debut of a 21Shares HYPE ETF and an upcoming Bitwise launch. Analysts using TD Sequential and other models warned a pullback could target $36, $33, or lower if resistance near $46 holds, while a break above $50 could invalidate the bearish view.