Hayes on X Explains Why Hyperliquid’s Price Jump Matters Now

HYPE surged 53% in April, gaining attention from Arthur Hayes and crypto analysts. Drew Dove flagged a breakout above $19.30 with sustained buy signals on intraday charts. HYPE now trades above $20 with support near $17.50 and eyes a retest of the $21 resistance. Arthur Hayes, BitMEX co-founder, has drawn renewed attention to Hyperliquid (HYPE) following a strong price rally in April. In a post shared on X, Hayes responded to the frequently asked question, “when alt season?” by suggesting the obvious answer, referencing HYPE’s price chart. His post highlighted the token’s 53% monthly surge, suggesting growing interest in altcoins as bullish momentum accelerates across select assets. The most asked question of me recently: wen alt szn? Sometimes it’s just staring you in the face. $HYPE pic.twitter.com/SoUcFhOtAQ — Arthur Hayes (@CryptoHayes) May 2, 2025 Analyst Drew Dove Eyes $20 Support Analyst Drew Dove also weighed in, stating that HYPE may not fall below $20 again. His chart on X showcased an intraday breakout above $19.30, with the token hitting an hourly high of $19.423 and rebounding from lows of $19.095. Source: X Dove pointed… The post Hayes on X Explains Why Hyperliquid’s Price Jump Matters Now appeared first on Coin Edition .