HYPE has already shown a clear stabilization and rebound trend on the four-hour chart, combined with continuous large-scale accumulation of spot holdings by whale addresses on the chain, with the concentration of chips steadily increasing.

At the same time, HYPE features a continuous buyback and permanent burn deflation mechanism, providing solid support for the token's value. Compared to the platform leader BNB, which currently has a market cap of nearly 90 billion, HYPE's market cap is only 9 billion, indicating it is severely undervalued with enormous growth potential.

Considering the resonance of the bull market cycle, and analyzing both the fundamentals and capital flow, Jiang Ge believes: in this bull market process, HYPE's reasonable market cap should at least reach the 30 billion level, with strong potential for subsequent price recovery.