$HYPE Several times it reached the critical level of 45 and was pushed back. Currently, it seems the monthly-level resistance is still effective. During a live broadcast a few days ago, I told everyone that the resistance level is 45. Yesterday, after seeing a valid breakdown below it, I took a small short position. Judging from the trading style of the HYPE Dog market maker, from 20 to 45, it played out three waves of a trend. After each trend wave tops out, it will pull back to the top of the previous trend wave—i.e., the concentrated chip turnover zone. So, with this wave pulling back from 45, we’ll first see how strong the support around 35 is. If the support at 35 can’t hold, then the market is likely to have already finished its move.