Brothers, what's the current market situation? The Fear and Greed Index has dropped directly to 8, entering extreme fear mode! Most people are trembling at this time, but smart money knows this is often the beginning of an opportunity.

$HYPE Today, it dipped 1% to $36.23, fluctuating between $36.02 and $37.69 intraday, with a trading volume of 257 million, which is still healthy. Honestly, being able to hold the $36 support level in this market sentiment is already quite good.
The entire market is in panic right now, but I noticed that BTC's funding rate is still neutral at 0.0006%, indicating that the futures market isn't overly panicked. This divergence is quite interesting—spot is in fear, but derivatives remain relatively rational.
Looking at on-chain data, large addresses haven't been dumping HYPE massively these past two days; instead, some smart money is slightly increasing their positions at this level. Remember one thing: when others are fearful, I am greedy. Of course, don’t blindly ape in—this market environment indeed calls for more caution.
The fundamentals of HYPE haven't changed, and the ecosystem development is still progressing as planned. There may still be some short-term volatility, but during times of extreme fear, it's often a good opportunity to position. DYOR, manage your positions carefully.