After experiencing a deep consolidation lasting up to 6 weeks, the technical pattern of Hyperliquid (HYPE) has finally ushered in a moment of explosive breakout. At the same time, the macro-level "Super Central Bank Week" and the concentrated resonance of Crypto-native positive factors are continuously providing fuel for this round of HYPE's breakthrough.
This article will delve into the upcoming trading opportunities for HYPE, starting with the classic "Cup and Handle" pattern, combined with the latest macro capital flows.

Technical Analysis: Textbook-Level "Cup and Handle" Bullish Signal

From the 4-hour K-line trend of the HYPE/USDC perpetual contract on the Hyperliquid platform, HYPE has formed a textbook-level "Cup and Handle" pattern. As one of the most classic bullish continuation patterns in technical analysis, the appearance of this signal often heralds a wave of ferocious upward movement.

By dissecting the market data, we can clearly see the three core characteristics of this pattern:

1. Deep "Cup Body" Consolidation: After touching 45.763 around April 12, the "left rim" of the cup (previous high), HYPE underwent a deep correction, testing bottom around 28 in late March to early April, with a retracement of about 39%. This "U-shaped" bottom formation, taking about 6 weeks, fully cleared out the prior profits, resulting in a sufficient chip exchange.
2. Extremely Shallow "Cup Handle" Accumulation: After the price rebounded to around 45.763, it did not break through directly, but instead underwent a minor correction, dipping to around 42. This extremely shallow retracement of about 8% formed a perfect "Cup Handle," indicating that bearish strength has exhausted, while bulls are gathering momentum just below the neckline.
3. Approaching Breakout Threshold: Currently, the price of HYPE has strongly rebounded to 43.517 (24-hour increase +4.88%), leaving only about 5.2% of space to the neckline breakout level of 45.763. The continuous rise in the closing price of the 4-hour K-line reflects a strong bullish momentum.
Theoretical Target Calculation: Once HYPE breaks out of the neckline resistance at 45.763 with substantial volume, based on the equidistant calculation principle of the Cup and Handle pattern (theoretical target = neckline + depth of the cup), its upward target will aim at around 63.5, representing a significant potential increase.

News Resonance: Institutional Capital Surge and the Catalytic "Super Central Bank Week"

The breakthroughs in technical analysis are never isolated. Looking at the recent macro and Crypto news, multiple positive factors are providing solid underlying logical support for HYPE's explosion.

Firstly, the continuous influx of institutional funds. According to the latest market data, BTC spot ETFs have seen a net inflow for 4 consecutive weeks, totaling $824 million, with BlackRock's IBIT seeing a single-week inflow of $733 million. Meanwhile, BlackRock's BTC holdings have reached a historical high of 806,700 coins (approximately $63.73 billion). MicroStrategy also invested $2.54 billion this week to increase its holdings by 34,164 BTC, setting a record for the highest increase this year. This sustained buying by billion-dollar-level institutional funds establishes a strong bullish tone for the entire crypto market.

Secondly, the marginal improvement in the regulatory environment. This week, more than 100 top crypto institutions, including Coinbase, Circle, and a16z, took the rare step of united action, writing to the U.S. Senate to urge the advancement of the Clarity Act market structure bill. Additionally, SEC Chair Gary Gensler indicated that a tokenized securities exemption policy will be introduced soon, and both parties in Congress are actively promoting the PACE bill, which allows non-bank entities to access the Federal Reserve's payment network. These positive signals from regulatory bodies undoubtedly represent significant benefits for Hyperliquid, a leader in decentralized derivatives, in terms of long-term development.

Finally, the upcoming "Super Central Bank Week" (April 28 - May 2) will serve as the ultimate catalyst for igniting market activity. The Federal Reserve, European Central Bank, Bank of England, and Bank of Japan will be intensively announcing interest rate decisions, alongside earnings reports from five major tech giants, including Apple and Microsoft. During this highly sensitive window for macro liquidity expectations, coupled with the risk aversion stemming from the Middle East geopolitical crisis (such as the situation in the Strait of Hormuz), HYPE, with high elasticity and strong narrative, is likely to become the preferred asset for capital speculation.

Trading Strategy and Layout

In the face of HYPE's imminent major upward trend, how to accurately grasp the trading rhythm is crucial.

Left-side Ambush: For conservative traders, low buying can be conducted in the 42-43 range based on the bottom of the "Cup Handle," with a stop-loss set just below the round number of 40.

Right-side Pursuit: For trend traders, close attention must be paid to the breakout of the 45.763 neckline. Once a volume breakout occurs and stabilizes effectively, decisive long positions can be taken, targeting the theoretical goal of 63.5.

To excel in your work, you must first sharpen your tools.

In the extreme volatility of "Super Central Bank Week," traditional trading tools often fail to meet the stringent entry and exit demands. It is highly recommended to use AiCoin to log in to Hyperliquid for trading:
Lightning Orders: Seize the opportunity at the moment of breakout, refusing slippage to avoid missing profits.
Visual Stop Loss and Take Profit: Easily set risk control by dragging on the K-line chart, calmly responding to extreme market conditions.

Actual operation is super simple:

Step 1:

Open the Hyperliquid BTC/USDC K-line in AiCoin.

Step 2: Find the toolbar and check Lightning Orders.

Step 3: Click the green "Buy Long" or red "Sell Short" → Instant transaction.

AiCoin Exclusive Benefits: In this $2.1 billion short-selling bonanza, if you haven’t entered the market yet, now is the best time. Register via AiCoin or authorize Hyperliquid, and bind the invitation relationship (Invitation Code: AICOIN88) for a permanent 4% trading fee rebate. In a macro market with transaction volumes often surpassing billions, this 4% will be your most stable passive income.

https://app.hyperliquid.xyz/join/AICOIN88

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📖 Beginner Tutorial:

- "AiCoin PC Side Hyperliquid Authorized Trading Tutorial":

https://www.aicoin.com/zh-Hans/article/514197

- "Zero-Basis Entry! Ultra-Detailed Illustrated Tutorial for First-Time Hyperliquid Trading":

https://www.aicoin.com/zh-Hans/article/510225

The cup and handle has formed, the breakout is imminent. This time, do not be just a spectator of the market!

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