HYPE Approaches Turning Point – Is This a Correction or Opportunity?

The cryptocurrency market has seen a strong rebound this quarter, with Ethereum (ETH) leading the charge. After climbing over 53% in Q2, ETH is now trading near $2,800, having recently hit highs not seen since February. This renewed momentum is sparking renewed interest across major altcoins— including Hyperliquid (HYPE). HYPE has experienced explosive growth, surging over 8% in the past 24 hours and boasting a staggering 69% gain over the last month.