Date: Fri, May 30, 2025 | 06:40 PM GMT

The cryptocurrency market has mounted a solid comeback in recent weeks, with Ethereum (ETH) continuing to lead the charge. ETH has surged more than 44% in the current Q2, and this renewed bullish momentum is lifting sentiment across altcoins, including the decentralized perpetual exchange token, Hyperliquid (HYPE).

$HYPE has surged over 150% in the last 60 days, catching the attention of traders and analysts alike. But beyond the price rally, a striking fractal pattern is emerging—one that could hint at even more upside for this DEX-powered token.

Source: Coinmarketcap

HYPE Mirrors BNB’s 2019 Breakout Structure

A comparative chart analysis reveals that HYPE is currently mimicking the 2019 price action of Binance Coin (BNB) with remarkable similarity.

On the left side of the chart, BNB’s price surged into a key resistance zone in early 2019, before seeing a short-term pullback of roughly 27%. This dip, while sharp, was followed by an explosive move—BNB rallied over 113% in the weeks that followed, hitting new highs.

BNB and HYPE Fractal Chart/Coinsprobe (Source: Tradingview)

On the right side of the chart, HYPE appears to be playing out the same script. After breaking out of a similar ascending channel and reaching resistance near $40, the token dropped about 23%—almost identical in structure and timing to BNB’s correction. Now, with the pullback likely cooling off short-term overheating, HYPE could be poised to follow through with a second leg higher—just like BNB did.

What's Next for HYPE?

Technically, the fractal alignment points toward a potential bullish continuation if HYPE manages to break back above $40. The dotted green trendline from previous resistance could now act as support, and renewed buying pressure could launch the token toward new price discovery—possibly beyond $60 in the coming weeks.

This pattern suggests that the recent dip may have been a healthy retest rather than a trend reversal, and smart money might already be positioning for the next move.

If history is any guide, Hyperliquid (HYPE) could be setting up for a powerful rally ahead—mirroring Binance Coin’s iconic 2019 breakout. While nothing in markets is guaranteed, the fractal resemblance is hard to ignore. With technical momentum and broader market strength on its side, HYPE could soon make headlines again.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.