Making precise price predictions in the crypto market is very difficult, but through a comprehensive read of market sentiment, capital battles, and fundamentals, it is still possible to assess HYPE’s likely direction over the next few days.

📅 Price range at the end of May: violent swings at high levels, target $68–$75

Based on a comprehensive review of multiple market data points and community analysis, I believe HYPE is extremely likely to enter a “violent high-level turbulence” pattern toward the end of May:

· **Favorable factors:** The market has already treated this whale’s short positions as an “obvious, clear target,” forming a shared “whale hunting” consensus. Fundamental support is also playing a role—such as ongoing net inflows into spot ETFs by institutions including BlackRock in recent times.
· **Price outlook:** In the short term, the bearish side won’t just stop, and HYPE is very likely to be pushed higher. It’s expected that before the month ends, HYPE will test the $68–$75 range, and it’s not impossible that this process will touch new all-time highs. After a sharp run-up, be on alert for a severe pullback triggered by short liquidations and a subsequent exhaustion of buy-side demand.

🐳 Whale analysis: a dangerous “clear target”—bait, or a sacrifice?

Loracle holds more than $140 million in short positions at an average price of about $42.5, and the floating loss is already over $31 million. Behind it are two underlying battle logics:

· **Bait theory:** The whale itself plays the role of a “bait,” deliberately exposing the short position—making it an obvious target—to lure retail traders into going long, so that truly large capital can then calmly exit after the price is pushed up.
· **Sacrifice theory:** The whale is the selected “sacrifice,” using a truly epic, publicly visible liquidation as a signal to draw all liquidity to enter, push the price higher, and complete distribution at high levels.

What this means for ordinary traders: During the whale’s game, every time retail traders chase pumps and cut losses could become fuel for the market. Purely betting on whether longs or shorts will win carries extremely high risk. Before and around the end of the month, don’t easily try to bottom-fish or top-chase—taking profits in stages to lock in gains is the best strategy: watch from the sidelines. #Polymarket每日热点