$HYPE This round of market movement, to be honest, has already entered the high-level betting stage.

The monthly unlocking pressure of nearly 2 billion RMB is like a sword hanging over the head; if the market cannot absorb it, the cash-out sentiment will quickly amplify.

Moreover, this round of rally has clearly shown signs of "unable to push further." Continuous volume at high levels, yet unable to break through further, indicates increasing selling pressure above.

Unlocking does not necessarily mean a sharp decline, but when "high-level stagnation + massive unlocking + overheated market sentiment" occur simultaneously, the probability of a short-term correction significantly increases.

Pullbacks are opportunities; the short-term strategy still leans towards rebounding and shorting at the high, especially at points where the rally shows weakness, which are more prone to quick declines.

In one sentence: the top is not formed in a day, but a correction often only requires a single large bearish candle. #TradFi交易分享挑战