What to do next with HYPE


This round of HYPE at the high level is purely a capital bubble speculation, with no sustained upward momentum. The bullish sentiment has already become completely rampant!

The daily and four-hour charts show multiple top divergences, RSI is seriously overbought, and the bullish momentum has long been exhausted. The new highs are all tricks by manipulative whales to lure retail investors into chasing highs.

Chips are highly concentrated, large unlocks create selling pressure looming overhead, whales continue to sell at high levels, retail investors are heavily crowded in long positions, and the fee rates remain high, ready to trigger a chain of long position liquidations at any time.

Operational suggestion: Gradually establish short positions around 75-78, with a target $BTC down to 65-60.
HYPE0.14%
BTC-4.02%
ETH-0.38%
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