Arthur Hayes: Alt season is just around the corner! Focus on the ambition of a 50% pump in HYPE month.

Arthur Hayes tweeted: Altcoins? It may be right in front of you! Coinciding with the strong rise in the price of the Hyperliquid (HYPE) token, let's take a closer look at HYPE's recent performance, drivers, and future outlook. (Synopsis: Arthur Hayes Latest interview: Bitcoin and Ethereum have completed the bottoming, where will the new liquidity come from? How to choose the target at this stage? Arthur Hayes: "Now" may be the last chance to buy bitcoin below 100,000 magnesium!) In the cryptocurrency market, the highly anticipated "altcoin season" has been a hot topic in the community. A brief social media post by Arthur Hayes today reignited the discussion: "Recently, people often ask me when the cottage season comes. Sometimes right in front of your eyes. HYPE」 The most asked question of me recently: wen alt szn? Sometimes it’s just staring you in the face. $HYPE pic.twitter.com/SoUcFhOtAQ — Arthur Hayes (@CryptoHayes) May 2, 2025 He posted the Hyperliquid (HYPE) The picture of the token price breaking through 20 USDT quickly captured the market's gaze, a strong hint that coincided with Hyperliquid (HYPE)'s recent staggering price performance. Arthur Hayes' "HYPE" Remarks Arthur Hayes, as a heavyweight commentator in the cryptocurrency space, always causes market ripples in his speeches. This time "sometimes the cottage season is right in front of you. HYPE" tweet, widely interpreted as a hint that altcoin season may be coming, let's take a look back at his previous definition of the occurrence of the cottage season. Hayes has emphasized that when Bitcoin's Dominance rises, it is usually a signal of risk aversion in the market, and Bitcoin (BTC) should be prioritized at this time. He suggested that it is still too early to make large-scale investments in most altcoins until Bitcoin's dominance stabilizes. The "$HYPE" in the article here is more likely to represent the "hype" sentiment in the market in anticipation of an altcoin rally, rather than directly pointing to a specific token. HYPE rebounds strongly Coincidentally, around the time of Arthur Hayes' post, Hyperliquid From the data side, HYPE has soared more than 115% since the April 7 low, showing a strong short-term upward trend. In the past month, its monthly increase has also been as high as 55%. As for technical indicators, the Relative Strength Index (RSI) approached 64 on April 29, indicating that it has not yet entered the traditional overbought zone. The previous MACD bearish crossover warning also seems to have eased with the May 2 breakout, indicating a reduction in bearish pressure in the short term. Multiple factors for the rise of HYPE Hyperliquid (HYPE) The recent bright performance of the price, if we take some superficial bullish. The significant increase in open interest in the derivatives market by almost 14% over the past month is the first positive for DEX. In terms of fundamentals, the Validator Update of the Hyperliquid platform itself recently introduced 21 permissionless nodes, which significantly improves the decentralization and security of the platform (reducing criticism from some communities). In addition, the change in fee structure due to the introduction of the staking mechanism has reduced transaction costs, which is expected to attract more users to trade on the platform, which in turn will increase the demand for HYPE tokens. As a high-performance Layer1 platform focused on low-slippage trading, Hyperliquid benefits from the overall growth of the decentralized perpetual contract market, which also provides fundamental support for HYPE's price. Despite the recent strong performance, the Hyperliquid (HYPE) has encountered significant resistance levels around $20 and $22, and these price ranges have gathered a lot of selling pressure, and whether it can successfully break through and stabilize will be the key to determining HYPE's future price action. In addition, from a technical support point of view, Hype's failure to break the $17 support level could trigger a wave of decline. Related reports Tether Q1 report: Holding nearly $120 billion in U.S. debt to break records, making $1 billion in a single quarter Tether cross-chain stablecoin USDT0 landed on Flare! $FLR Strong rise of 18%, XRP DeFi ecology is good for fermentation? Arthur Hayes: The cottage season is just around the corner! Focusing on the ambition of HYPE's 50% monthly rise, this article was first published on BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".