- HYPE trades at $39.74 with a 3.2% 24-hour gain, testing resistance at $41.08.
- Polymarket shows only 21% odds for HYPE to hit $100 in 2025, down 7%.
- Price remains range-bound with support holding at $37.98 during recent sessions.
The forecast for Hyperliquid (HYPE) reaching the $100 mark in 2025 has taken a notable dip, based on current data from Polymarket. As of June 30, the odds of HYPE achieving that level stand at just 21%, down 7% from the previous reading.
This prediction comes despite moderate upward price action in the last 24 hours, during which HYPE rose 3.2% to trade at $39.74. The asset continues to hover in a narrow band between its near-term support at $37.98 and resistance at $41.08.
Polymarket Odds Dip as HYPE Faces Resistance Near $41
The Polymarket contract predicting whether Hyperliquid will reach $100 in 2025 stays open until December 31 of that year. Traders currently price the “Yes” outcome at 22 cents, while the “No” contract trades at 81 cents. This market reflects a declining confidence among participants regarding HYPE’s ability to reach triple digits within the specified timeframe. The drop in implied probability also coincides with broader market cooling following a high-volatility period across mid-cap digital assets.
Notably, the decrease in odds may also be influenced by resistance pressure forming near the $41 mark. Any failure to push beyond this level may limit short-term price acceleration. However, the underlying support at $37.98 continues to hold firmly, suggesting a tight consolidation zone has formed.
HYPE Holds Above Support as Price Compresses Between Key Levels
HYPE’s price movement over the last 24 hours has remained within a tight 24-hour range. At its peak, the asset reached $41.08, testing its current resistance level. Meanwhile, its lowest point aligned closely with the $37.98 support zone. This compression is characteristic of assets preparing for direction-defining breakouts or extended range-bound phases.
The 3.2% daily increase brings the current price to $39.74, which reflects a modest rise in value. Volume metrics and volatility indicators have not shown major divergence, which aligns with the relatively low probability reading on Polymarket. Still, HYPE has remained above its support level through the recent session, which could be relevant for future positioning.
Technical Context Frames Current Market Sentiment
Hyperliquid has also registered a gain of 3.3% against BTC, reaching 0.0003694 BTC. This gain reflects strength relative to the broader crypto market over the short term. However, technical traders are closely monitoring the interaction between price and the $41.08 resistance level. Repeated rejection near this point could reinforce existing downside bets on prediction platforms.
In summary, HYPE’s short-term technical levels remain in focus as traders evaluate breakout potential and market positioning ahead of Q3. The probability contraction on Polymarket offers an additional view into crowd sentiment, especially as speculative outlooks shift entering the second half of the year.
