Can Hyperliquid hold $87.53 after a bullish flag cracked and ETF buyers went quiet?
This Hyperliquid price prediction starts at $87.83, down 0.34% in 24 hours as of Nov 1, 2026, 07:36 UTC. The earlier ICE flag setup has broken, and the price sits 10.46% under the $97.98 record.
The flag is broken. Price slid out of the pattern under $94.01 and trades at $87.71 on the TradingView 4-hour chart.
Sellers erased the spike within days. Price now hugs the 20 EMA, an exponential moving average that weights recent prices more, at $87.53.
Metric | Value (Nov 1, 2026, 07:36 UTC) |
Price | $87.83 |
24h change | -0.34% |
7-day change | +14.82% |
Market cap | $22.26B |
Fully diluted valuation | $83.47B |
24h volume | $1.5B |
Open interest | $3.85B |
Volume slid 6.14%, while the HYPE price slipped only 0.34%, per CoinMarketCap market data.
Open interest is the value of all open futures contracts, and fully diluted valuation prices every token, circulating or not, at today's rate.
Longs took the hit. CoinGlass liquidation data shows $5.19M of longs wiped out in 24 hours against $342.51K of shorts. Liquidations are forced exits when margin runs dry.
But the flush is cooling, with only $42.77K liquidated in the last 4 hours.
Top traders on Binance hold 2.1165 longs per short by position size, a crowd that. Needs price to hold $86.45 just to stay comfortable.

CoinMarketCap lists 253.5M tokens in circulation. The Hyperliquid explorer token page lists 301,914,187.
That's a 48.4M gap, nearly identical to the 48,405,361 tokens sitting in a single non-circulating address.
But another wallet holds 238,199,273 tokens tagged non-circulating, so float math depends on what moves.
Market cap reads $22.26B on CoinMarketCap and $26.51B on the explorer, so traders aren't using the same ruler.

The Hyperliquid ETF group shows $0.00 net inflow on the latest daily print, per SoSoValue ETF data.
Net assets sit at $449.94M, or 2.09% of market cap, down $17.94M from $467.88M a day earlier. Price did that damage, not redemptions.
All three funds fell between 3.63% and 4.00%, with Grayscale's HYPG the worst. Bitwise's BHYP handled $29.81M of the $38.02M value traded.
So who buys the next dip?
And with net inflow flat, price has to carry the move, because. Nobody is adding fresh capital through the funds right now.

A flag breakdown reads bearish on paper. On second thought, that's too quick.
RSI shows 53.77, above the 50 midline. Price also trades over the 20 EMA, 50 EMA, 100 EMA and 200 EMA at $87.53, $84.46, $83.14 and $85.15.
But the stack is messy, with the 200 EMA above the 50 and 100, a leftover of the falling channel. This HYPE technical analysis uses Binance 4-hour data.
The earlier bounce or drop levels, $89.953 and $81.251, still bracket the price today.
Resistance stacks at $94.01, the $97.74 spike high, then the $97.98 record.
Support starts at $86.45, a cent above the $86.44 24h low, then $85.15, $84.46, $78.19 and $74.45.
Price is boxed between $86.45 and $94.01, and until a side gives. Nothing else matters much.
Binance leads futures volume at $718.66M, Hyperliquid itself follows at $505.82M, then LBank at $280.88M, OKX at $239.17M and Bybit at $225.17M.
OKX open interest rose 1.05% to $111.81M while Binance volume fell 30.30%, so some traders are adding there.
Corporate appetite isn't new, as the Lion Group buy report showed.
Scenario | Trigger | Target | Invalidation | Liquidity Condition |
Bull | Trading above $94.01 | $97.74, then $97.98 | Trading below $87.53 | Futures volume above $2.42B, ETF net inflow turns positive |
Base | Range between $86.45 and $94.01 | $90.23 midpoint | Break of either edge | Futures volume near $2.42B, ETF net inflow stays $0.00 |
Bear | Trading below $86.45 | $85.15, then $84.46 | Reclaim of $87.53 | Long liquidations above $5.19M, ETF outflows appear |
Other coins follow the same table method in the price prediction hub.
Expect a grind between $86.45 and $88.81 as volume fades.
This HYPE price forecast needs a trade above $94.01 before $97.74 comes into play. Without that, the $90.23 midpoint pulls.
The earlier November outlook leaned bearish with $75.354 as the floor, and the channel breakout erased that read.
Higher timeframes still point up, with +67.36% over 90 days and +110.41% over 180 days. A trade above $97.98 opens untested ground, while losing $86.45 and $85.15 sends the price toward $78.19.
Zero ETF inflow is the first. If it stretches, no fresh demand backs the $86.45 floor.
And crowded longs turn a dip into a cascade, since top traders hold 2.1165 longs per short.
Supply is another, with 238,199,273 tokens parked in a non-circulating wallet.
An earlier whale buy news update tracked big-wallet demand, and big wallets exit as easily as they enter.
This Hyperliquid price prediction leans bullish above $86.45, with $94.01 as the trigger and the $97.98 record as the ceiling. Below $86.45, sellers get $85.15, then $84.46.
And the ETF line decides who's right, so fresh headlines in the crypto news feed matter.
Disclaimer: This article is for information only and isn't financial advice. Crypto assets are highly volatile, and prices can move sharply in either direction. Do independent research and weigh personal risk tolerance before trading.