$BTC, $ETH and $HYPE currently show no signs of collapsing immediately.

The market's first target is to liquidate high-leverage short positions.
When the majority leans toward one side, especially the short side, the market rarely moves in that direction right away.
If everyone is waiting for the price to drop to make money, there won't be enough liquidity to push the price down further.
To drop sharply, the market needs to liquidate longs.
But currently, it seems that shorts are the most crowded and confident side.
Therefore, the most likely scenario:
The price will continue to be pushed up, stop-losses will be swept, and high-leverage short positions will be liquidated before considering a real correction.
The market does not exist to "give out opportunities."
It exists to maximize liquidity.
And when too many people bet on a single scenario, that scenario is usually delayed.
If you're shorting just because you see the price "has risen a lot,"
Ask yourself:
Are you trading based on your system, or are you trading based on emotions?
In crypto, not everyone who is right makes money.
The survivor is the one who understands whose liquidity needs to be liquidated first.