Hyperliquid Achieves Record 8.3% Share of Global Perpetual Futures Market
- Market Share Breakthrough: Hyperliquid's perpetual futures open interest has reached 8.3%, indicating a significant enhancement in its ability to compete against traditional centralized platforms beyond decentralized exchanges, showcasing the trend of derivatives liquidity shifting towards on-chain order books.
- Volume Growth: According to CoinGecko, Hyperliquid's 24-hour open interest stands at approximately $9.1 billion, with major markets including Bitcoin, HYPE, and Ethereum, which positions it as a significant market structure force rather than a niche DeFi application.
- Innovative Market Structure: Hyperliquid combines HyperCore's on-chain order book with HyperEVM applications, allowing traders to manage perpetual futures and spot balances within the same network, driving market expansion under the HIP-3 framework that attracts more trading pairs and synthetic assets.
- Increased Regulatory Attention: As Hyperliquid expands its market, traditional market operators express heightened concerns over its oil-linked markets, indicating a rapid shift from a DeFi growth narrative to regulatory and exchange competition issues, reflecting the dynamic changes in the derivatives market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1161.361 | 1333.521 | 1505.221 | 1677.381 | 1849.081 | 2021.241 | 2192.941 |
| Fibonacci | 1333.521 | 1464.875 | 1546.026 | 1677.381 | 1808.735 | 1889.886 | 2021.241 |
About ETH
About the author









