Can you still buy the $58 HYPE?

Shorts: I just want to call the police now.
HYPE's recent trend no longer looks like a coin, more like a roller coaster driven by the main force.
Yesterday it was still at $55, today it jumped directly to $58.97, a 15% daily increase, crushing the shorts.
In 24 hours, $30.6 million was liquidated, many traders were still traders before bed, but woke up to become "financial refugees."
The funniest thing is, every time HYPE rises, a classic line appears in the comment section:
"Whoever buys at this level is taking over the position."
And the next day, it continues to rise.
The biggest pain in the crypto world has never been losing money, but that right after you sell, it surges.
Can I still chase now?
My view is moderately bullish.
The reason is simple — the trend is not bad yet.
Don’t be fooled by many shouting bubble, but the real big funds often prefer this kind of coin that "everyone is bearish on but can't go down."
Because as long as shorts persist, the main force still has fuel.
However, this level is definitely not suitable for full-position all-in.
HYPE is currently in a high-emotion stage; once negative news appears, the pullback could be very violent.
Today it can rise 15%, tomorrow it might fall 12%.
So my approach is:
Lightly hold a position and try to go long;
Don’t chase big surges;
Buy back after a dip.
If I have to choose between the two, I still stand bullish now.
The reason is very practical — in trend trading, riding the trend is always easier to make money than trying to top out.
Many people think "it can't buy after it has risen too much," but the real bull market often continues rising amid doubts of "it's too expensive."
The market is always hard to satisfy.
Of course, I won't be blindly optimistic.
Because HYPE is now in a high-volatility zone, a small spike can make leveraged traders question life collectively.
So don’t expect to get rich overnight.
A truly mature trader isn’t thinking about doubling every day, but first making sure they don’t get swept away by the market.
To sum up in one sentence:
HYPE now is like a sports car without brakes;
You can get in, but don’t remove the seatbelt. #HYPE再度领涨