Hyperliquid (HYPE) has surged 11.9% over the past 24 hours and is trading at $92.15. Its market capitalization was tallied at approximately $23.24 billion. Notably, HYPE set a new all-time high around the $92 level, and market attention is now focused on whether the upward momentum will continue after entering record-high territory.

■ Buying Pressure vs. Profit-Taking... A Crossroads in All-Time-High Territory

With the price surpassing its previous peak, a phase where buying pressure and profit-taking volumes clash may form in the short term. Given that the price has risen rapidly in a short period, additional buying interest could flow in, but at the same time, profit-taking volume may emerge, potentially widening volatility.

■ NEAR Soars 25%... Market Attention Expands to Altcoins

During the same period, NEAR also rose more than 25%, showing strong momentum. As relatively large price movements have appeared not only in HYPE but also in some altcoins, market attention is expanding to assets beyond Bitcoin and Ethereum.

■ Key Watch Points Ahead: Holding the $90 Range and Trading Volume

The trend following the new all-time high warrants separate attention. Whether HYPE can hold the $90 range and whether trading volume supports the price after the record high are expected to be the key watch points going forward. Attention is also focused on whether the price above the $92 level will establish itself as a new baseline.

[Virtual asset prices and market capitalization may vary depending on the exchange and the time of data aggregation. This article is not a recommendation to invest in any specific virtual asset, and the final judgment on investments and the responsibility thereof rests with the investor. This article was partially assisted by AI in the writing process.]