🔥HYPE Double Bearish Convergence! $62 Short Liquidation Wall Standing Tall, Bulls and Bears Are About to Decide the Winner!



“Discrepancies under negative funding rates are traps, but also opportunities. When both long and short positions approach liquidation prices simultaneously, only the true king can break the balance.”

Personal opinion + case study:
Look at the chart! Current price is 60.56, spiked to 62 on the 1-hour chart and then pulled back. The most impressive data is the “Smart Money” indicator: funding rate -0.0045% (market sentiment leaning bearish), but the long-short ratio is as high as 111%. This creates a contradiction of “negative funding rate + high number of traders”—indicating a large number of shorts are holding on stubbornly, while the longs, though numerous, do not hold an absolute advantage. The average opening price is around 58.2, suggesting this is the cost basis for both bulls and bears.

Technical analysis:
On the 1-hour candlestick chart, MACD is consolidating near the zero line, RSI is at a neutral 56, and upward momentum is weakening. Combined with the liquidation map, the current price of 60.61 is in the middle, with a dense short liquidation wall stacked around $62. This means that as long as the price breaks through 62, it will trigger a chain of short liquidations, leading to a violent surge.

Today’s bullish and bearish strategies:
✅ Long position (main strategy): Wait for a pullback to around 58.0-57.5 to stabilize and go long, targeting 62.0-63.5.
🔻 Short position (support): If the price rises to 62.0-62.5 and encounters resistance without breaking through, try a small short position.

Can the $62 short fortress be breached? Leave your script in the comments, Anna will help you precisely escape the top! 🚀
#分享美股交易赢英伟达股票 #比特币回升5% $HYPE $ZEC $ALLO
HYPE2.34%
ZEC8.75%
ALLO45.96%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • 1
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned