Hyperliquid’s Price Action Mirrors BNB’s Historic Surge, Poised for Significant Movements

Cryptocurrency markets are showing bullish signs as Ethereum breaks the $4,200 mark for the first time since 2021. This surge has ignited broader rallies in numerous altcoins and memecoins, with Hyperliquid (HYPE) emerging as a standout performer. HYPE has surged nearly 7% in the last 24 hours, extending its weekly gains to over 17%. A particularly intriguing observation is the pattern of price action that resembles BNB’s trajectory before a significant correction.