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Damn brothers, I’ve been analyzing the K-line all night $HYPE and found that this script is exactly the same as the needle from October last year!
On October 10th last year, HYPE dropped from $46 straight down to $21, with a volatility of a terrifying 56% 😱.
Now it’s been climbing from $20 all the way to $64, even more intense than last time!
If it drops 50%, it’s probably going to hit around $35, but the most terrifying part is that at the $35 level, there’s a 160 million long position stacked up.
160 million, brothers, the dog whale’s scope might already be aimed at it.
I guess the whale will play it like this: first slowly push down, making you think it’s a “normal correction,”
one by one, you add to your position and margin.
When you run out of bullets, he’ll hit the gas pedal, directly break through $35, turning liquidations into fuel, and the price will free fall, then he’ll go pick up the dead at $20.
So I’ve already gone short, testing with a small position.
If it really crashes, I’ll add more, never bet on where the whale’s needle will stab next.