币界网报道：Hyperliquid [HYPE] has maintained its bullish trajectory over the past 24 hours, gaining 6.58% and reclaiming the $40 level after a brief pullback. Market sentiment analysis suggests that liquidity inflows in the broader market could help HYPE revisit its previous all-time highs. Here's how it could develop: Bullish forces re-emerge as HYPE whales step in. Over the past 24 hours, one of HYPE's most profitable whales has re-emerged on the market and appears to be gearing up for a major move higher. Whales — investors known for holding large amounts of liquidity — can influence markets based on their trading activity. A whale known for making $8.44 million in profits on Hyperliquid has re-entered the market, purchasing 215,850 HYPE tokens worth $8.66 million at the time of writing. This wave of buying appears to have affected the broader market. According to AMBCrypto, interest from futures investors has increased as positions on the asset have increased. Futures traders are buying in droves, and retail futures traders have begun to step in, opening long positions in anticipation of further gains. At the time of writing, HYPE’s Funding Rate on CoinGlass has risen to 0.0084% over the past 24 hours, indicating increased activity. A positive and rising Funding Rate generally means that buying pressure outweighs selling in the futures market as most traders anticipate a continued rise. Additionally, market liquidity has increased, with more positions opened over the past 24 hours. Open Interest — which reflects liquidity based on active contracts — has risen by 4% and currently stands at $1.84 billion. The increase in liquidity, coupled with a positive Funding Rate, suggests a renewed bullish momentum among market participants. The simultaneous surge in trading volume further supports the current rally. Trading volume has reached $1.56 billion, the highest point since June 26. The continued growth in volume and price action indicates a surge in trading activity and greater profits for derivatives traders. Can HYPE break out to its all-time high? Daily chart analysis shows that HYPE is at a critical juncture despite the prevailing bullish sentiment. The asset is currently trading inside an ascending triangle – a known bullish pattern that features a rising support line and horizontal resistance. Price action has approached resistance. If buying pressure outweighs selling in this area, HYPE could revisit its all-time high of $45.80. Sustained upward momentum could drive a further 41% gain to $56. However, if sentiment weakens, HYPE could remain inside the triangle for an extended period of time.