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#DailyPolymarketHotspot
The HYPE price could reach the $65 - $75 range by the end of May due to strong institutional entries and a potential short squeeze effect.
Major Squeeze Risk: Loracle’s total short position size has reached $143 million. The liquidation price of its 1.8 million HYPE short positions ranges from $69.90 to $74.10 (including margin additions and current orders), and is between $89. If the price permanently breaks above the $64 resistance, the forced closing of these positions (buyback from the spot market) could cause a parabolic price surge.
Possible Scenarios and Levels for the Rest of MayScenarioTarget Price RangeTrigger ElementBull (Squeeze) Scenario69.90\(-75.00\)Loracle’s short positions beginning to be liquidated and ETF inflows accelerating.Consolidation Scenario58.00\(-64.00\)Loracle successfully defends its short positions by selling spot assets and suppressing the price.Correction (Pullback) Scenario42.50\(-49.00\)Profit-taking begins and a sharp technical correction occurs from the overbought (RSI) zone.
In the remaining days of May, hourly closes above the $64 level could sound the alarm for Loracle and directly target liquidation zones above $70.