Technical analysis by olliecoughland about Symbol HYPE: Buy recommendation (8/10/2025)

Hyperliquid generated ~35% of all revenue in cryptocurrency markets in July. ~97% of that goes into buying the Hype token, driving scarcity and assisting the price action. EVM tvl and open interest are hitting aths pretty much every week/month. Theres also the potential for future bullish catalysts such as further builder code integration for example with phantom wallet as well as HIP3 on the way. Eth and btc at all time highs, all time high institutional interest, us national debt continues to climb and there are predicted rate cuts on the horizon. All of this is incredibly bullish and highlighted here are the last 3 resistance zones until ATHs which I expect we see later this month.