$HYPE Recently, spot ETF inflows have been very large, and prices are being pushed very high, but be careful not to chase the high. The daily upward trend line has already been broken, but it has not yet broken the previous low (around 54.2), and it is nearing the end of a five-wave rally. Currently, it is oscillating widely between 59 and 65, choosing a direction.

Major bearish position: If it falls below 58.5 and rebounds do not occur, place the stop loss at the top of the downward K-line that broke 58.5 (recommended on the 15-minute chart). If it breaks below 54.2, add to the short position, moving the stop loss to the average cost.
Major bullish position: Not recommended to trade, as it is at the end of the trend. If you want to trade, observe the pattern around 58.5; if a doji or long lower shadow candlestick appears, try to enter, with the stop loss at the bottom of the lower shadow (recommended on the 15-minute chart).
Small-scale long position (light position): Attempt to buy at 60.8, with a stop loss at 59.8. Half of the position can be reduced at 62, moving the stop loss to the cost basis, and hold long if it breaks above 64.
Small-scale short position (light position): Attempt to short at 63.7, with a stop loss at 64.8. Half of the position can be reduced at 62, moving the stop loss to the cost basis, and hold long if it falls below 60.8.