Crypto Rebound Splits: Hyperliquid Leads as Bitcoin Holds Support and XRP Breaks Down

The crypto rebound looked strong after CPI, but the updated charts show a much more divided market. We are not seeing one clean breakout across Bitcoin and the major altcoins. Some assets are holding support, some are still trying to recover, and others have already invalidated their earlier bullish setups.

Let’s start with Bitcoin. Bitcoin is trading at $64,565.59, right inside the marked buy zone between $60,000 and $65,000. That support is holding for now, but the original inverse head and shoulders setup is no longer valid. That pattern depended on Bitcoin holding the $58,000 low. Price eventually fell to $57,717.55, which broke the head of the pattern and canceled the original breakout structure.

So this should now be viewed as a rebound from support, not a continuation of the earlier inverse head and shoulders breakout. The original target of $71,000 to $71,500 is no longer active based on this pattern.

For Bitcoin to rebuild momentum, it first needs to reclaim $70,271.18. Above that, the next important resistance is $75,723.42. The larger target zone between $80,000 and $85,000 is still visible, but Bitcoin has work to do before that becomes a realistic active target. Right now, the chart is stabilizing, but it has not fully repaired the technical damage.

Ethereum is trading at $1,873.40. Its earlier inverse head and shoulders target between $2,130 and $2,150 has not been confirmed. Ethereum is still below $1,943.76 and has not reclaimed $2,000.

A move above $1,943.76 would improve the short term structure and bring the original target area back into consideration. Until that happens, this is still a recovery attempt inside a larger downtrend. The major downside reference remains $1,390.85, near the chart low of $1,383.26.

Solana is trading at $77.16 and testing the $77.48 level. The earlier bullish inside bar did not turn into a sustained breakout. Solana is still below its longer moving average and well below the major $120 resistance level.

Holding and reclaiming $77.48 would help stabilize the chart. If that level fails, the next major support is $67.98, followed by the chart low at $60.11. Solana may be trying to form a base, but it has not yet produced a confirmed reversal.

XRP has weakened the most. The original setup projected a possible move toward $1.50, but that bullish structure failed. XRP is now trading at $1.1056, below $1.1180 and beneath both major moving averages. It also broke below the rising consolidation channel that previously supported the bullish case.

The next important support is $1.0112, close to the chart low at $1.0072. Below that, the deeper support level is $0.9403. The $1.50 target should not be considered active unless XRP first recovers $1.1180 and rebuilds above its declining moving averages.

Hyperliquid is the exception. It is trading at $65.51 after reaching $76.90. The earlier bearish breakdown has been invalidated, and the chart now shows a broader upward structure. Hyperliquid is pulling back toward its shorter moving average, but it remains the strongest chart in this group. If support holds, $76.90 comes back into focus.

Chainlink was part of the earlier discussion, but there is no updated Chainlink chart attached, so its previous breakout levels cannot be confirmed.

The bottom line is that this is a rotation, not a broad confirmation. Bitcoin is holding an important support zone, Ethereum and Solana are attempting to recover, XRP has broken down, and Hyperliquid is showing the strongest relative structure. The original expectation for broad altcoin gains of 30% to 50% is no longer supported across the entire market. Each chart now has to be judged on its own.