The Federal Reserve hawks sell off! $HYPE Plunging to 62, is there a "mass grave" of shorts hidden below?



The market specializes in curing all kinds of disobedience, especially those "warriors" trying to catch falling knives.

HYPE shows a "parachute jump" on the hourly chart, directly hitting the 62 support. As an analyst, I believe this is not only an emotional release but also a precise hunt by smart money.

From a technical perspective, the price has seriously deviated from the moving average, showing a rebound demand, but the trend has turned bearish.
Focus on the fund flow: the liquidation map shows a pile of short positions in the 64-65 range above,

While the overview of smart money reveals a cruel truth: a whale holds a 110 million USD short position, with an average price around 64, currently with huge unrealized gains and no closing. This means, unless the price quickly pulls back above 65, any rebound is an opportunity for shorts to feast.

Trading ideas
Short strategy: rebound to around 64.0-64.5, target around 61-60.

Long strategy: around 60-61.
Do you think this 110 million USD short position will be the last straw that breaks the camel's back? Share your long or short stance in the comments!
HYPE-3,31%
ETH-1,02%
SOL-0,79%
Lihat Asli
post-image
post-image
HYP
HYPHyper Shiba Labs
Pump.Fun
MC:$1,72KHolder:3
0.00%
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