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$HYPE Institutions continue to accumulate | The market shows strong momentum and upward movement🚀
$HYPE Recent trends are very resilient, with bullish momentum remaining strong✅
On-chain data shows that a16z-related addresses continue to deploy chips, accumulating a total of 1.71 million tokens over the past month, with an additional 74.1k tokens added recently. Institutions continue to buy up, which indicates long-term optimism from capital towards $HYPE , while also providing strong support for the price bottom.
Currently, market trading volume has significantly increased, with clear signs of institutions accumulating at low levels, and the market shows ample signals of building momentum. Based on the trend, the current long position has a relatively high cost-performance ratio. Personal suggestion: try to buy in batches around 45, following the main force's rhythm.
There is still room for upward movement in the future, with high points above remaining under observation. Fans who want to synchronize their deployment and follow the main force's trend, send me a private message to get in on the action ☕☕#CLARITY法案参议院通关 #Gate广场五月交易分享