Hyperliquid (HYPE) is exhibiting a bullish double bottom pattern on the 4-hour chart, indicating potential for further gains. The token surged over 11% in the past day, with technical analysis suggesting a possible breakout above $36.56, aiming for a target of $41.78. This comes amid a broader market recovery, as Bitcoin and Ethereum also posted significant gains of 7% and 8% respectively in the last 24 hours.